Read on to learn more about the growing temporary staffing industry
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Did you know that the hiring rate of temp workers is five times that of hiring overall in the past year? Temporary staffing has seen rapid growth in recent months due largely in part to the Affordable Care Act. Businesses are choosing to hire more temporary workers in order to avoid incurring higher healthcare costs under the new federal law. According to the law, employers are subject to health care fines once they have 50 or more full-time employees, hence the reason to hire more temporary workers.
There are other reasons employers choose to hire temporary workers, including the fact that it helps them remain competitive and manage the ups and downs of the economy. In other words, it’s a way to cut costs during a time when consumers are still spending conservatively. Employers may also be taking advantage of so many Americans that have been out of work for so long that they don’t have the luxury of waiting for a good job with full benefits. According to the US Bureau of Labor Statistics, 71 percent of the nation’s new jobs generated in 2013 were made up of temporary positions, compared to 29 percent of full-time jobs.
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Typically, an increase in temporary workers in the hospitality industry is not uncommon; however, there has also been an increase in part-time work in skilled areas such as technology and finance. This is bad news for most unemployed workers looking for full-time positions, but not-so-bad news for temporary staffing firms looking for more business.
Wary employers are turning to temp agencies to help them fill these temp positions just as firms are turning to temp staffing software to help them accomplish this goal. Temporary staffing agency software helps firms manage the influx of clients and candidates that temp agencies handle every day. An intuitive temporary staffing solution helps automate many of their day-to-day tasks, allowing recruiters to work more efficiently so they can fill jobs faster than their competitors.
While some desktop applications limit the success of these firms because they confine them to one location, cloud-based recruiting software has been built to give staffing firms more flexibility and speed. A cloud solution is available anywhere there is an Internet connection so recruiters can work from home or on-the-go as they document and track every communication they have with clients and candidates. Any staffing agencies looking to evaluate temporary staffing agency software should consider the benefits of purchasing a SaaS (software-as-a-solution) solution as it can take your firm to another level of profit and productivity.
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