The positive emerging picture of staffing trends

The staffing companies or firms as of now are on the high growth trajectory as they were during 2013. The staffing firms are enjoying the higher demand for temporary labor and there is a demand for record number of temporary jobs that is expected to continue for the next successive years and beyond. The actual high growth trends in staffing industry started back in 2000’s with companies after getting weary of fighting Great Recession were searching ways for balancing increasing product demand with uncertainty about the workforce or prospective employees. Even though, recession is quite over, but the demand for temporary labor still exists.

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Derive flexibility by using staffing services

Staffing industry as such has grown into the second fastest growing industry in the United States with different types of staffing services being provided by numerous staffing agencies or firms spread across the boundaries of the country. The staffing firms are rendering invaluable help to the companies by not only reducing the recruitment cost of their client organizations, but also helping them in recruiting exceptional candidates as their employees according to their project requirements. The staffing firms or agencies are duly classifying the staffing requirements of their clients’ organizations and are helping them in recruiting personnel. As such, the valuable resources are being saved from being wasted in complying with relevant legalities.

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The people behind the running of staffing services

The staffing industry as such is the second fastest growing industry in the United States with a projected growth of 5% in 2014. The annual turnover is expected to reach by more than $137 billion. The total U.S temporary staffing market forecast in 2014 is expected to reach about 95% of the historical peak adjusted to inflation as per the Staffing Industry Analysts – U.S. Staffing Industry Forecast. The staffing employment for the week ended June.9-15 was up by 4.59% compared with the same week during 2013. The staffing agencies or firms are forced to downsize and merge in order to stay competitive and lean.

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Use temporary staffing for accounting projects

The definition of temporary staffing has changed quite a bit and it is not the same as it was some few decades back. The term temporary worker in the past was synonymous with clerical jobs and seasonal work. Now with the changing times, the temporary workers or employees are defined as a talented group who should be a necessary part of a company’s flexible staffing strategy. In case of looking for hiring temporary accounting professionals for various accounting projects, organizations can take the help of temporary staffing agencies or firms. Accounting and finance professionals usually have skill sets that are transferable and can benefit companies without any geographical boundaries.

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The reasons behind the growth of the contingent work force

Contingent work force is now regarded as the workforce of the future with a majority of staffing industry professionals or staffing agencies choosing temporary staffing business as their core businesses. The 2014 Buyers Survey conducted by the Staffing Industry Analysts on companies (with more than 1000 or more employees) reveals that buyers are most bullish about expanding their use of highly skilled contingent workers, Statement Of Work or SOW consultants, offshore workers and outsourced companies. Staffing buyers are planning to increase the contingent work force that will most likely include the use of SOW or Statement of Work contracts over the next ten years.

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Temporary staffing seeing the rising trends

Temporary staffing is once again picking up with many staffing firms getting busier with the demand for temporary staffing growing from their client organizations. Organizations are now using temporary workers as a vehicle to feel out the staffing levels and they see them as sustainable entities to be converted into permanent employees or hires. Especially, companies in the IT sector, Life Sciences are looking up for good temporary workers or employees to help them in completing their projects. The conversion rate from temporary to permanent employment is probably higher in IT sector even though the in-demand workers in those fields are able to negotiate for better and faster pay raises by crossing over from one contract to the next.

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Managing temporary employees/workers through motivation

Organizations to run effectively and efficiently need employees or staff for carrying out their businesses in a smooth manner. Organizations need not show any discrepancy when hiring employees as temporary employees or full time/permanent employees. The employees as a human capital requires huge investment on part of organizations and therefore employing temporary staff are ideal for short term based projects as temporary workers or employees comes at lower cost due to absence of providing them permanent benefits and compensation. Organizations can just hire the temporary workers through staffing agencies immediately at the heck of a call.

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Emerging trends of temporary staffing during 2013-14

Temporary staffing agencies are playing an important role in providing temporary workers/employees for companies who experience seasonal work demands and unexpected workloads. By hiring the services of temporary staffing agencies companies are getting benefits such as cutting down on the need to pay overtime to permanent employees along with indirect costs such as recruiting costs to be incurred for placing advertisements, cost of conducting interviews, skill assessment tests and opportunity cost of sorting through numerous resumes and applications. Companies are also able to save costs on the training of new employees as temporary staffing agencies provides ready made flexible work force.

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Technology adoption by temporary staffing agencies

The temporary staffing is considered as the indicator of the overall economy because of the fact that movements in temporary employment have been considered as the precursor to changes in the broader employment or labor market. With organizations increasing their use of temporary workers or employees over the past two decades, the emergence of temporary staffing agencies as the provider of temporary employees or workers has gained importance. The significance of temporary staffing agencies or firms is growing further with these staffing firms introducing new technologies for matching employees to jobs and expanding their services to clients to include more training.

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Review on benefits of temporary jobs through staffing agencies

There is always a type of lethargic view on temporary jobs with majority of companies often viewing temporary workers or employees as less important than full time employees. However, during recent years more and more organizations are turning to short-term associates or workers for carrying on their business activities. According to the American Staffing Association (ASA), about 2.91 million people are employed by staffing agencies everyday and U.S. staffing agencies or firms hire about 11.5 million temporary and contract employees over the course of a year.

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