Nearly everyone in the United States has felt the effects of rising costs in recent months. From food to fuel, inflation has affected nearly every aspect of life. Economists believe there is an impending recession that will hit by 2024. Doubtless, this recession will affect employees and business owners from every walk of life. However,…
It is estimated that there are currently over 70 million freelancers in the United States. Of that group, roughly 36 percent freelance on a full-time basis. Of course, finding work as a freelancer is much different than working full-time for a single employer. You may take on work for several clients at the same time,…
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…
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…
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…
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…
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…
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….
The amount of businesses adopting the remote work model is growing at an astronomical rate. Before the pandemic, merely 6% of the US workforce was employed remotely. In May 2020, that statistic shot up to approximately 30%, likely due to the temporary work-from-home quarantine policy. Now, as we approach the mid-mark of 2022 and workers…
Research from Statista estimates that by 2027, 86.5 million people in the United States will be involved in freelancing. Even if your business has ignored the potential benefits of contingent workers up until now, changes in worker and employer preferences mean this won’t remain the case for much longer. While the use of 1099 contract…
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