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How to Calculate Your Staffing Agency’s Burden Rate & Bill Rate

Crelate

If you’re moving into a leadership role at a staffing agency, or thinking about starting your own shop, there are three key terms you need to understand to price your services properly. Some are requirements like workers compensation taxes. Unemployment Insurance Taxes – FUTA and SUTA. Components of a Burden Rate.

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Insurance Considerations for Small Recruitment Firms

NPA Worldwide

Insurance is an important item for your business and one that can be easily overlooked, especially for a start-up venture that may be home based. Business interruption —As the name suggests, business interruption insurance covers your lost income if you are unable to operate your business after a covered loss, like property damage.

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How to Transition Your Staffing Agency Employee to a Permanent Position

Crelate

And when one of your staffing agency’s best temporary workers is offered a permanent position with a client, it’s 100% appropriate to celebrate with a fist-pump. Lastly, for staffing agencies, when a contract placement converts to a direct hire, you earn money from the assignment and the permanent placement!

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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.

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Understanding the Gig Economy and Modern Compensation Management

Recruiting Daily

Which brings us to the point about compensation. Does a new way of working call for a rethink around traditional approaches to compensation management? A Modern Compensation Philosophy for the Gig Economy. So, how can organizations create fairer compensation strategies for their gig workers?

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The Most Common Staffing Agency Payroll Issues & How to Avoid Them

NPA Worldwide

Besides being an NPAworldwide vendor, speaker and staffing industry advocate, Headcount currently services multiple NPA clients. Headcount is a leader in back-office solutions designed specifically for staffing agencies. Headcount makes doing staffing deals (also known as: contract , temp, contingent) simple for NPAworldwide members.

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Workers’ Comp Insurance Headaches

Staffing Talk

In the staffing world, Workers’ Compensation insurance can very quickly become a problem child. Staffing companies have a world of issues when it comes to Workers’ Comp insurance. Staffing companies have a world of issues when it comes to Workers’ Comp insurance. No harm, no fuss.