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To Bank or Not to Bank?

The Staffing Stream

For many staffing firms, these are dreaded four-letter words. In fact, the need to meet payroll in advance of collecting receivables has put many staffing companies out of business. When you started your staffing agency, obtaining a line of credit from a bank to help with cash flow may have been a logical choice.

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Changes In State Job Bank Policies Anger Staffing Firms

Staffing Talk

And some employers were complaining staffing firms were competing with them for the best candidates. In response, this state talent website in Michigan just re-launched with some changes, including blocking recruiters and staffing companies from viewing job seeker profiles on the site.

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5 Things Every New Staffing Agency Needs to Know Before Getting Started

AkkenCloud

Staffing agencies are a vital part of the modern economy. If you’re planning on starting a staffing agency, there are a host of factors that you need to consider. Here are five things that every staffing agency needs to know before getting started. . Staffing Agencies Need Plenty Of Insurance. Receivables insurance.

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Staffing Tools to Help Firms Optimize Current Business Operations and Maximize Profit

Crelate

The modern staffing firm is a software-powered enterprise – savvy clients require fast and headache-free placements, and better software tools to scale up effective processes are one of the main ways that firms can deliver that experience. Documents with sensitive information like SSNs and bank account numbers must be kept safe.

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The Rise of Talent Enablement: What Staffing Agencies are Doing Today to Increase Engagement and Improve the Candidate Journey

Avionte

Enablement has been a big buzzword in the staffing industry for years now. Why isn’t Talent Enablement as common of a phrase as Sale Enablement in staffing? . Candidates in the staffing industry are no different. Transformative engagement hinges on solutions that mutually benefit the entire staffing industry.

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2021 Staffing Industry Trends: Part 1

The Staffing Stream

With 2020 behind us, the staffing industry is emerging a lot smarter and tougher for the wear. With staffing businesses deemed as “non-essential” during the nationwide Covid-19 pandemic lockdown, the industry was suddenly forced to sink or swim. PREMIUM CONTENT: US Staffing Industry Pulse Survey Report: March 2021 Selected Highlights.

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Forgotten diversity: Making organizations truly inclusive, with Jenifer Lambert

Social Talent

Jenifer Lambert is the Chief Strategy Officer at TERRA Staffing Group and was a recent guest on our weekly show – The Shortlist. After recording the show, I spoke with a colleague whose father is a very successful executive in the banking industry. He started in an entry-level role in the bank and worked his way up to his current post.

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