What are Vendor Management Systems (VMS)?
Vendor Management Systems are sometimes called Vendor Neutral Systems because they are perceived to provide a level playing field among the many staffing agency vendors. Vendor Management Systems is...
View ArticleFactoring 101 for Staffing Agencies
In the simplest of terms, factoring is borrowing money from an individual or company to cover contingent staff payroll. It is useful for many smaller staffing organizations because it affords them the...
View ArticleSocial Marketing Sites for Staffing Professionals
Insofar as business networking sites go, there are a whole host of offerings available via the web. But how many do the temporary placement agencies and staffing sales professionals really use? As a...
View ArticleSell the Temp-to-Perm Staffing Opportunity
Temp-to-perm staffing helps build stronger client relationships and better employees. It is easy for temporary staffing agencies to fall into a mindset of churning temporary employees thru a succession...
View ArticleDo You Know What Your Staffing Agency’s Margins Really Are?
Every staffing company knows to identify mandated employer benefits when calculating the markup for clients. Payroll deductions such as OASDI (FICA), Medicare, FUTA and SUTA rates are usually known at...
View ArticleIncrease Gross Margin on Some Employees by 30%
Here’s the deal…. The Hiring Incentives to Restore Employment (HIRE) Act was signed into law by President Obama on March 18, 2010. This Act has two main provisions that can benefit staffing agencies –...
View ArticleTop Ten Resume No-No’s in the History of the Universe
In previous articles on this blog we talked about the opportunities for temporary staffing companies to expand their roles from mere matchmakers between temporary employment opportunities and temporary...
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