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 …
Joyce Russell of the Adecco Group US Foundation on How to Live a Cherry-on-Top Life
This episode was recorded on March 11, just before we here at StaffingHub started sheltering in place. Though much has changed in the past few weeks, Joyce’s wisdom in this episode is timeless and uplifting. We hope it brings you hope in these unprecedented times. In this episode, Caitlin Delohery, Editor-in-Chief of StaffingHub, interviews Joyce Russell, President of the Adecco …
From the Archives: Tom Kosnik of the Visus Group Gets Real About Staffing Compensation, M&A, and More
This podcast episode is from the archives — recorded on January 8 of this year but previously unaired. While we’re living in a whole new world today, the episode is full of useful strategies from our guest, Tom Kosnik, strategic consultant to staffing firms and President of the Visus Group, that can help your firm through this unprecedented era. In …
Worried About How COVID-19 Is Affecting Your Staffing Firm? Sign Up for These Webinars [Updated 4/13/2020]
Check back often — we’ll be updating this list of COVID-19-related webinars regularly as more information is released. There’s a lot of uncertainty around COVID-19 — in the stock market, in public spaces, and in our workplaces. Though some questions can’t be answered just yet, many staffing executives are wondering how to best protect their workforce — internal employees and …
Rob Mann of EmployStream on the Staffing Industry’s Response to the COVID-19 Pandemic
In this episode, David Folwell, President of StaffingHub, talks with Robert Mann, Enterprise Account Manager for EmployStream, on the radical effects of the COVID-19 pandemic on the staffing industry. They chat about the rise in unemployment, the changing role of technology, and how to reach out to your audience in these strange times.