TemPay handles payroll for staffing firms and offers standard direct deposit and payroll cards, which can be used at any ATM or store that accepts credit and/or debit cards. By offering direct deposit and payroll cards, employees don’t have to deposit their paychecks at all. When TemPay funds the cards, the money is there immediately, unlike […]
Robert Half International released its 2013 Salary Guides, which offer business owners, hiring managers and professionals information on prevailing starting salaries in their geographic areas and insight into the latest employment trends. Staffing firms can consult the annual guides to determine appropriate compensation for accounting and finance, technology and administrative professionals at all levels. According to the guides, […]
Staffing firms benefit during economic recovery periods because they make the workforce more flexible, according to a recent Omaha World-Herald article. Their workers are among the first cut during a slump and the first hired during growth. The medical staffing industry in particular has seen increased growth, with the sector expected to grow 9 percent this year, […]
Hiring Hook, which offers website solutions to the recruiting and staffing industry, now provides a job board for the websites of more than 400 recruiting and staffing firms around the world. The board allows a recruiting or staffing firm can post all of its open positions on its website, allowing both active job seekers and […]
TemPay brings more than 20 years of experience in the temporary staffing industry. We manage staffing company cash flow and payroll funding, a huge benefit in an industry where employees must be paid immediately and customers may take 30, 45 or even 90 days to pay. TemPay has two major services: our money-only factoring solution or our full-service back-office […]
Many staffing firms fall victim to “warm-body syndrome,” in which they make poor hiring decisions just to fill a position. However, these poor decisions are expensive – the average cost of replacing an employee is 300 to 700 times that employee’s hourly wage, according to a recent blog by Mel Kleiman, founder and president of Humetrics. Kleiman […]
Avoiding timecard fraud at staffing agencies often comes down to understanding the factors that cause it in the first place. There are common factors among staffing firms that fall victim to the practice, so by understanding what those are, and identifying them early, you can minimize the chances of fraud occurring. In tough economic […]
