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 of the Best Payroll Funding Solutions for Staffing Firms

5 of the Best Payroll Funding Solutions for Staffing Firms

One of the biggest challenges any staffing firm will face is how to properly manage its cash flow. A positive cash flow is essential for conducting a wide range of business tasks — but perhaps most importantly, ensuring that payroll is met for your employees and contractors on time. Even when you have a legitimate…

6 Proven Tips for Onboarding (and Training) a Hybrid Workforce

6 Proven Tips for Onboarding (and Training) a Hybrid Workforce

For many organizations, COVID-19 has put a wrench in the return-to-office plan. Now, as the world attempts to acclimate to a sense of normalcy, companies are offering more modern and functional work methods. Hybrid work cultures, for instance, have become the preferred way of working for the vast majority. According to Gallup, over 50% of…

5 Ways to Acquire Game-Changing Talent In a Candidate-Driven Market

5 Ways to Acquire Game-Changing Talent In a Candidate-Driven Market

Finding the ideal candidate for a specific position isn’t an easy undertaking. In fact, roughly 75% of companies have reported talent shortages and difficult hiring, which is likely due to the pandemic and the Great Resignation which followed.  Now, as the economy looks to recover, the world has entered into a resurgence of the candidate-driven…

6 of the Biggest Benefits of Using a Talent Marketplace Platform
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6 of the Biggest Benefits of Using a Talent Marketplace Platform

Advancing technology has transformed the way we work and live, so much so that it’s become embedded within our day-to-day activities and operations. For many people, daily tasks can’t even be completed without the help of a technological solution.  When it comes to the workplace, the case is no different for employees. But many companies…

6 Practical Tips to Minimize Worker Misclassification Risks

6 Practical Tips to Minimize Worker Misclassification Risks

While the surge of independent contractors has brought many competitive advantages to businesses across the country, it can pose some costly consequences when handled incorrectly. The term “misclassification of employees as independent contractors” has become widespread amongst state and federal legislators and regulators. When hiring independent contractors, many businesses don’t understand all the legal requirements…

Insights Into Today’s Staffing M&A Market
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Insights Into Today’s Staffing M&A Market

INTRODUCTION Having just returned from Staffing Industry Analysts’ (SIA) 2022 Executive Forum North America after completing three staffing sale transactions in the first 45 days of 2022, UHY’s National Staffing Practice and UHY Corporate Finance are excited to share some recent insights into today’s Staffing M&A market. The broader staffing sector experienced a meaningful recovery…