In this episode of The Staffing Show, I interview Martin Payne, the new CEO of TextUs, about what brought him to the growing business texting platform, what it takes to lead growth stage companies, and how he copes and adapts during the pandemic. Martin shares his thoughts on doing the right thing, meditating and eating well to lead better, and …
The Benefits and Inequalities of the Remote Work Economy
Thirty-three percent of Americans are currently not working, while 26% are primarily essential workers still reporting to their place of business. But the majority (42%) of America’s workforce is now working from home, according to a recent interview with Stanford economist Nicholas Bloom. Bloom’s research highlights the promises and challenges of this widespread shift to remote work during the economic …
Supreme Court Blocks Discrimination Against LGBT+ Employees
In a 6-3 decision, the Supreme Court ruled on June 15 that Title VII of the Civil Rights Act of 1964 — which prohibits discrimination based on race, color, religion, national origin, and sex — also protects LGBT+ employees. The decision stemmed from three different cases in which gay and trans employees sued their respective employers for dismissing them because …
Hispanic and Black Americans Experiencing Joblessness at Higher Rates
The unemployment rate was 13.3% in May, an improvement over April’s 14.7%, though 21 million Americans are still without jobs, according to the U.S. Bureau of Labor Statistics. Although all major worker groups experienced job loss, rates were notably higher among certain demographics — women, teenagers, Hispanic workers, and black workers: Adult men: 11.6% Adult women: 13.9% Teenagers (ages 16-19): …
As Business Leaders Fight to Avoid Layoffs, Employees Struggle to Adjust to Remote Work
More than half of the employers are seeking creative ways to reduce staffing costs in order to delay layoffs, according to a recent survey by talent development accelerator LeadersUp. Just over 20% of employers said they had initiated layoffs and only 10% of employers are actively hiring. To avoid layoffs, surveyed employers reported they are: closing their offices decreasing executive …
Only 15% of Temporary Workers Without Healthcare Benefits
According to a report from Staffing Industry Analysts, the state of healthcare coverage for temporary employees in North America has greatly improved since 2014. The report is the result of a survey that respondents completed late last year, detailing their healthcare coverage and other benefits. Healthcare coverage The majority of temporary workers reported that they received healthcare coverage: From an …
How to Manage Your Remote Recruiters, Keep Your Team Aligned, and Find Some Peace of Mind: Adam Conrad, Founder of Great Recruiters
In this episode, David Folwell, the President of StaffingHub, interviews Adam Conrad, the founder of Great Recruiters, on the impact of the pandemic on the staffing industry, how to stay connected with your team when recruiting remotely, and the new face of the digital transformation.
2020 State of Staffing Industry Growth Benchmarking Report and COVID-19 Pulse Survey
We’re proud to announce the launch of the fifth annual State of Staffing Industry Growth Benchmarking Report. This year, we surveyed hundreds of staffing industry professionals to identify what sets fast-growth staffing firms apart from no-growth firms so that we could bring those insights to you. In light of the pandemic, we also reached out to the industry to get …
StaffingHub Releases COVID-19 Pulse Survey on How the Pandemic is Impacting the Staffing Industry
We’re proud to announce the release of our COVID-19 Pulse Survey, which provides data on the impact of the pandemic on business revenue, strategy, and workforce management. Key findings include: Staffing firms have laid off 30% of their workforce due to the pandemic. Firms anticipate 9.5% average annual revenue losses in 2020, though some verticals, such as travel nursing, expect …
Staffing Industry Revenue Expected to Fall by 21% in 2020
Staffing industry revenue may only reach $119.4 billion this year, a 21% drop from 2019 ($151.8 billion), according to the April 2020 update of the US Staffing Industry Forecast. The prediction accounts for a 43% reduction in place and search and a 17% decline in temporary staffing. These outcomes are part of the report’s base-case forecast, which assumes that the …