TemPay’s History

In the 1980s, TemPay President and Founder Larry Holstein owned a permanent staffing firm. Through this experience, he became familiar with the payroll funding needs of staffing agencies and decided to start a business that would provide quick and easy payroll factoring for these companies. Holstein founded TemPay in 1994. The business now serves about […]

Useful Links For Staffing Firms

Looking for more places to find information about staffing? Check out our useful links page, which includes everything from the U.S. Small Business Administration to Essential StaffCARE, which provides health insurance for temporary employees. And, as always, don’t forget to continually check our blog, which provides helpful staffing firm information from A to Z, including information on how to start a […]

Five Tips to Help You Stay in Compliance with Labor Laws

Bypassing labor laws, even to deal with a staffing crisis, is a dangerous situation.   A single instance of overlooking the law could be enough to get your firm in serious trouble with the federal government. Penalties for failure to comply may include the payment of back wages and can progress to steep fines, prosecution […]

Ask TemPay: How Can I Maximize Profits?

If you have clients that are slow or late paying, you can improve staffing company cash flow by holding customers to the pay terms set in their contracts. If a customer doesn’t adhere to the terms, it is important to be proactive. Contact your customer for status on the payment, and consider increasing your bill […]