A reflection of an employee with a safety vest on and a clipboard. A building is being built in the background

Staffing Agencies and Safety: A Quick Overview

Safety is one issue that staffing firms should take very seriously, because accidents and worker’s compensation claims have serious implications for the long-term health of your business. Just look at what’s happening in the industry: the Department of Labor has been cracking down on both clients and staffing firms when it comes to worker safety. Earlier...
3 young employees looking at information on a computer. One is sitting down typing on the computer, the other two are standing behind him, one of them is holding a tablet.

Notes from a Credit Analyst: Analyzing Credit in the Factoring World

NOTE: Originally posted as "Credit Professionals in the Factoring World" in Business Credit Magazine, January 2019 edition. In any industry or business type, credit is a crucial aspect to the success of the company. Acknowledging the risk accessed and likelihood of payment from your customers helps promote the growth of your business by maintaining positive cash...
A man with his head in his hand with his eyes close, looking very frustrated. His glasses are on top of his laptop.

7 Common Issues & Challenges Facing Staffing Agencies

Staffing firms face change constantly: new technology, a limited supply of talent, economic uncertainty, diversity and inclusion incentives, the push to work from home, high turnover rate, etc. We hear all about these issues from our staffing firm clients, so here are some of the biggest challenges that staffing professionals firms and hiring managers face...
Man working on his computer in a cubical style office with a headset on. Other employees working around him out of focus.

5 Simple Ways to Increase Staffing Firm Profits (That Aren’t “Sell More”)

When it comes to making more of a profit in staffing, “sell more” is not always the answer. First off, easier said than done! And secondly, it can actually hurt you in the long run if you under price yourself to win a high volume contract. That strategy almost never works out because if you’re...
When Banks Stop Lending Money

When Banks Stop Lending Money

What Staffing Firms Can Do in Uncertain Times During this time of economic uncertainty, you may find that banks and perhaps other payroll funding companies are tightening their credit requirements. This is especially true with staffing firms, who lenders have always seen as high risk and are often the first to be told “no” during...