No matter your staffing firm’s specialty, in times of disaster or emergency, you can rally your troops to lend a helping hand. Take staffing firm MDT Personnel, for example. The firm is hiring hundreds of workers to assist with the cleanup efforts after Hurricane Sandy in New York and New Jersey. “MDT has been a reliable staffing […]
Understanding the details and proceeding with temp staffing factoring offer valuable benefits to the staffing firm. Factoring generally provides cash more quickly without the hassles of financial reporting review. For example, a traditional lender usually asks and takes significant time to review the staffing firm’s financial statements and tax returns, whereas a factor usually doesn’t […]
You’ve got to look beyond the numbers when it comes to trimming costs at your staffing firm. You want to find a way to spend less money, but if you do it by eliminating a service option that your clients have grown to love, you are not helping your business. The best approach is to […]
They are simple phrases, ones you may not think twice about using. But the words you use with your clients play a big part in how your staffing firm and its employees are perceived in the marketplace. Most businesses take steps to ensure their employees are communicating with clients in a timely and professional […]
While payroll funding is a huge part of every staffing firm factor’s business, it’s not the only service a factoring company provides. Factors offer a type of staffing agency finance called payroll factoring. With factoring, staffing firms sell their accounts receivable invoices for a fee to a factoring company and gain cash up front to […]
Operating a staffing firm is no easy task, as Carlos Sanchez, CEO and president of 360° Staffing, has discovered. When he founded his business in 2007, he knew it would require a lot of hard work. However, he has gotten assistance from a factoring partner that alleviates his temporary payroll funding needs, allowing him to focus […]
Obsolete computer programs. Annoying spreadsheets. Tedious pen and paper. Whichever way you’ve done it in the past, managing your temp agency payroll has no doubt been difficult. When you switch from paper to digital, it can take an inordinate amount of time to re-enter your data. And if you need a new function added, […]
At TemPay, we understand the nature of your business because we specialize in the staffing industry. We know obtaining staffing flexible funding is key for your business because you need to pay your employees and vendors weekly, but customers can often take 30, 45 or even 90 days to pay. We can work with […]
While many businesses can’t afford to run ads during the Super Bowl, they can still learn from them. Here are some rules to a winning ad campaign from Businessweek taken from Super Bowl ads your staffing firm can use: Put strategy first. Back in 2000, when startups like Epidemic.com and Lifeminders.com made their game-day debut, […]
Temporary staffing agencies are as susceptible as any other businesses to the ebb and flow of the economy. Their workers are usually the first to be let go when the economy declines and the first to be hired as companies tentatively approach recovery mode. So as 2013 begins, here is a look at where […]
