Can the Freelance Marketplace and Traditional Recruiters Coexist?
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Can the Freelance Marketplace and Traditional Recruiters Coexist?

The recruiting industry has long been primarily focused on matching workers to companies for temporary or full-time in-office employment. Generally speaking, the idea was that the company had a specific position that it needed filled, and recruiters did the heavy lifting of finding someone to fill it. Nowadays, however, recruiting isn’t so simple. The rise…

For Freelance Platforms, Which Matters Most: Better Talent or More Members?
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For Freelance Platforms, Which Matters Most: Better Talent or More Members?

These days, it seems that businesses have more resources available than ever to hire freelancers. Platforms like Upwork and Fiverr claim to offer access to millions of freelancers that organizations can use for a wide range of projects. But one challenge remains consistent, even as companies become more comfortable with the idea of hiring contingent…

Independent Contractors: 5 Proven Tips for Negotiating Favorable Contracts

Independent Contractors: 5 Proven Tips for Negotiating Favorable Contracts

Becoming an independent contractor comes with its fair share of pros and cons. One of the biggest considerations is ensuring that you are able to negotiate favorable contracts for the work you perform for your clients. Without a fixed, full-time salary, independent contractors have greater freedom to negotiate how much they are paid — as…

How Do Staffing Agencies Work? (and How myBasePay Can Help)

How Do Staffing Agencies Work? (and How myBasePay Can Help)

In today’s competitive hiring environment, many businesses need a lot of help filling open positions. As a result, they often turn to staffing agencies to streamline this process and ensure that the right talent gets matched to the right position. Needless to say, this creates ample opportunity for those interested in forming their own staffing…

5 Rock-Solid Healthcare Options for Independent Contractors

5 Rock-Solid Healthcare Options for Independent Contractors

As of 2022, nearly 60 million American workers — or 36% of the total workforce — are independent contractors. From small business owners to freelancers, the self-employment industry is becoming the career of choice for many entrepreneurs.  Having the ability to control your service and the way it’s practiced is an admirable quality; while there…

5 Reliable Options for Staffing Agencies Looking for a Boost In Cash Flow

5 Reliable Options for Staffing Agencies Looking for a Boost In Cash Flow

In today’s ever-evolving staffing market, establishing a balance of cash flow is a challenge for many firms, but nonetheless crucial. No matter how successful your agency is, there is bound to be an eventual gap between your cash flow and your sales. And if there’s anything the past couple of years has taught us, it’s…

5 of the Biggest Benefits of Outsourcing Your Back-Office Operations

5 of the Biggest Benefits of Outsourcing Your Back-Office Operations

Front-office operations: The face of the company, where the business interacts with customers and clients. Back-office operations: The part of the business that is not client-facing, dealing with things like administration and finances. Back-office operations make the front office operations possible. Front-office employees serve customers and clients and, in any physical (as opposed to fully…

How to Determine the Best Markup for Your Staffing Agency
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How to Determine the Best Markup for Your Staffing Agency

Running a staffing firm can be a highly profitable business, but only when you know what to charge your clients. While there isn’t a template or set-in-stone guideline for pricing your staffing services, there are some primary elements all businesses should consider when determining their markup value.  Markups pertain to the percentage staffing firms charge…

5 Proven Talent Retention Strategies for Hybrid Workforces
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5 Proven Talent Retention Strategies for Hybrid Workforces

In the wake of the Great Resignation, talent retention has become a more important priority for staffing agencies and other business owners than ever before. 2021 saw a record-breaking 47.8 million workers quit their jobs in search of greener pastures. At the same time, increased interest in remote work has led many businesses to adopt…

How to Manage (and Reinvest) Funds to Improve Your Staffing Firm

How to Manage (and Reinvest) Funds to Improve Your Staffing Firm

One of the biggest challenges any staffing firm faces is properly managing its funds. The staffing industry is incredibly competitive, and when you throw in common challenges like compliance and strict vendor requirements, it is all too easy to see how scaling efforts — or even maintaining the status quo — can feel nearly impossible….