Accounts Receivable Financing for Staffing Firms & Payroll
As the US economy continues on its upward path, the demand for temporary staffing is growing even more rapidly. The staffing industry is projected to grow by 3% in 2017, according to a recent forecast by Staffing Industry Analysts, a global advisor on temporary and contingent work. Indeed, temporary staffing has grown as a percentage of overall employment in the US. Temporary staffing is predicted to increase by 3% in 2018 to $126.8 billion with the overall staffing market likely to achieve 4% growth to reach $146.6 billion. Even more dramatic...
read moreThe Best Staffing Payroll Services
How to Choose the Best Payroll Service Provider for Your Staffing Firm Staffing agencies have unique needs when it comes to processing payroll, which is why many use an outsourced provider. Using a professional payroll service rather than an in-house accountant could save your staffing agency time, money and legal issues. Take a further look at the benefits and best providers out there if your staffing agency struggles with making payroll. While you get paycheck generation services from every payroll company, you should note that not all of...
read moreHow to Choose a Staffing Factoring Company
Staffing Factoring is a subset of Invoice Factoring with a twist. When picking the right staffing factoring company for your business, critical questions need to be answered: Staffing expertise: As the owner of a temp staffing agency, you understand the nuances of your business. Workman’s Comp, constant cash flow needs, matching the right person with the right job, proper job classifications- The variables to manage are relentless! You need an accounts receivable financing company who understands the vagaries of your business. In 1998...
read moreStaffing Industry Continues to Boom
A shining light in the U.S. economy is the temporary staffing industry. A new report by CareerBuilder shows temporary staffing growing 57 percent between 2009 and 2014. There is a modest growth of 3% for staffing firms in 2018, according to the American Staffing Association. All the talk about the labor market making a fundamental shift to temp jobs is turning out to be a reality. The continued growth is great news for the staffing industry. Staffing firms employed nearly 3.10 million temporary and contract workers per week in the first...
read moreComputer Systems Analysts Temp Jobs on the Rise
In 2017, there was a 69% increase in the hiring needs expectations of employers. This comes from those planning to hire temporary or contract workers. Indeed, staffing companies are reaping the benefits of this continuing trend. The United State’s fastest-growing temp jobs that pay $15 an hour or more include: • Computer system analysts are the #1 growing temp job at 11,802 jobs and a predicted 14,024 temp jobs in 2019. • Next up are accountants and auditors, management analysts, computer user support specialists, application...
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