Managing temp agency payroll is one of the biggest tasks of your staffing firm, and it can be a complex and time-consuming process. Here are five tips to make it easier. 1. Evaluate your processes. Talk to employees to determine what works and what doesn’t. Are you diligent about paying taxes but spending a lot of […]
One of the prevailing myths in the temporary staffing industry is that only large firms can receive payroll funding, and this is myth should be put to rest once and for all. The truth Firms of all sizes and in all stages can receive temp flexible funding, whether you are just starting a temp […]
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 […]
Ebb and flow is nature of the staffing industry. When demand for services goes up, agencies need cash flow to fund temp agency payroll and fill positions quickly. When it drops, they also need working capital to be available to shore up operations when demand rebounds. Whether you’re starting your own staffing agency or looking […]
Starting a temp agency from scratch may seem like a lot of work, but it all comes down to staying organized and focused. TemPay has six tips to help you get started. 1. Gain experience. If you aren’t familiar with the temp agency industry, research it and gain experience as both a temporary employee and an administrator. 2. Network with […]
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 […]
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 […]
Starting a temp agency from scratch may seem like a lot of work, but it all comes down to staying organized and focused. TemPay has six tips to help you get started. 1. Gain experience. If you aren’t familiar with the temp agency industry, research it and gain experience as both a temporary employee and an administrator. 2. Network with […]
