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Staffing Factoring on the Rise as Temp Agency Demand Surges

General staffing agencies and temporary employment agencies have seen enorme crecimiento during the past four or five years. Such firms often need the assistance of professional commercial staffing financing to support this rapid growth in such a short period of time. If you are not in the employment industry, you might be surprised to learn about this hiring growth due to media attention that has mostly focused on flat employment numbers.
Staffing Factoring for temp agencies like ManpowerThe official unemployment rates across parts of the country remain stubbornly high at 8.8 percent in some places though Wyoming, the Dakotas, Nebraska, and Utah have low rates of less than five percent. Yet these numbers don’t tell the full story of today’s economic situation. The unemployment numbers, while frequently used as a barometer for the nation’s economic health, are viewed by many as an antiquated, less than accurate method. They don’t accurately count all temporary workers, contratistas independientes, consultants, freelancers, part-time workers or those who have stopped looking for work. Such individuals, an estimated 42 millón, fall into a sort of unemployment limbo.

dotación de personal, Factoring in Temp Workers and Contractors, Is Growing

Como tal, it might be more accurate to say traditional full-time, salaried unemployment remains high, but other types of employment such as temporary and contracting appear to be on the rise.

Ramping up large numbers of temp or contract workers to fill job openings, whether it is in manufacturing, office administration, janitorial services, security or retail is expensive. Employment agencies must often cover workers’ payroll before they themselves collect payment from the client. This lag can create cash flow troubles if left unattended. factorización de dotación de personal or temp agency factoring can help these companies get the cash they need quickly to cover high hiring, payroll and on-boarding costs.

Recruit Top Talent with Funds from Staff Agency Factoring

For skilled workers such as IT, healthcare, and medical staff, the costs of operations are even higher. Such workers demand higher compensation packages and medical staffing factoring can help cover these costs as well as the costs of recruitment and sourcing of the best talent. With more and more companies turning to temp workers or independent contractors, the need for robust staffing agencies supported by staff agency factoring or other forms of staffing financing doesn’t look to be going away anytime soon.

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Sobre el Autor:

Robert Bernfeld se inició en el sector financiero comercial en 1974. Sus primeros años incluyen posiciones con Aetna crédito del negocio y el Grupo Foothill. Durante los próximos treinta y cinco años. Señor. Bernfeld establece tanto el arrendamiento de equipos y cuentas por cobrar empresas de factoraje. Se asoció en la fundación de facilitadores comerciales, Cía. en 1999. Sr. Bernfeld se graduó de la Universidad de California, Riverside en 1974 y recibió el grado de Doctor en Jurisprudencia de la Facultad de Derecho de la Universidad de Loyola en 1977.

Ver más artículos por Robert Bernfeld