The Cost-Saving Benefits of Staffing Companies
As a business owner or manager, finding ways to cut costs and increase efficiency is always a top priority. One strategy that may not immediately come to mind is working with a staffing company to fill temporary or permanent positions. While it may seem counterintuitive to pay a middleman to handle your hiring, the benefits of staffing companies far outweigh the added expense. Here’s how partnering with a staffing company can actually save your business money. Reduced Recruitment Costs: Recruiting top talent is a time-consuming and costly process. Advertising open positions, reviewing resumes, scheduling interviews, and conducting background checks all add up. Staffing companies handle all of these tasks for you, saving your business the time and resources it would otherwise spend on recruitment. By outsourcing these responsibilities to a staffing company, you can focus on your core business operations and let the experts handle the rest. Flexibility to scale up or down quickly: Businesses often experience fluctuations in workload that require either increasing or decreasing the number of employees. Staffing companies allow you to easily adjust your workforce as needed, without the hassle and cost of hiring and laying off permanent employees. This can be especially beneficial for businesses in seasonal industries or those with project-based work. Lower training and onboarding expenses: Staffing companies typically provide their temporary employees with the necessary training and support to get up to speed quickly on a new job. This means your business doesn’t have to invest as much time and money into onboarding new hires. Plus, with temporary employees, you have the opportunity to try out a new hire before committing to a permanent position. Access to a pool of pre-screened and qualified candidates: Staffing companies have relationships with a large pool of qualified candidates who have already undergone background checks and skills assessments. This saves your business the time and expense of finding and evaluating potential hires. You can trust that the candidates presented to you by the staffing company are reliable and competent, allowing you to make a hiring decision with confidence. Lower benefit costs: Temporary employees provided by staffing companies are typically not eligible for the same benefits as permanent employees, such as health insurance and retirement plans. This can significantly reduce your benefit expenses. While temporary employees may not receive these perks, staffing companies often offer their own benefits such as holiday pay and referral bonuses to ensure their employees are well taken care of. Lower turnover costs: Staffing companies are responsible for finding and retaining their own employees, which means you don’t have to deal with the cost and disruption of employee turnover. When a temporary employee provided by a staffing company leaves, the staffing company takes care of finding a replacement. This can save your business the time and money it would take to recruit and train a new employee. Pay only for the hours worked: With temporary employees from a staffing company, you don’t have to worry about paying for benefits or overtime. You only pay for the hours the employee works, which can be a more cost-effective option than hiring a full-time employee. Avoid the risk of a bad hire: Hiring the wrong person can be costly in terms of lost productivity, training expenses, and potential legal issues. With temporary employees from a staffing company, you have the opportunity to try out a new hire before committing to a permanent position. This allows you to assess the fit and performance of the employee before making a long-term commitment. Specialized skills on demand: Staffing companies often have relationships with a diverse pool of candidates with specialized skills and experience. This can be especially useful for businesses that only need certain skills on a project-by-project basis. Rather than hiring a full-time employee with specialized skills that may not always be needed, you can bring in a temporary employee with the specific skills required for a particular project. Streamlined payroll and tax compliance: Staffing companies handle payroll and tax compliance for their employees, which can save your business the time and resources it would otherwise spend on these tasks. You can trust that the staffing company is taking care of all the necessary paperwork and tax deductions, so you can focus on your core business operations. In conclusion, working with a staffing company may seem like an added expense upfront, but the cost-saving benefits make it a smart choice for businesses looking to increase efficiency and reduce costs. By handling recruitment, training, and other HR tasks, staffing companies allow businesses to focus on their core operations and bottom line. Don’t overlook the potential cost-saving benefits of staffing companies – they may be just what your business needs to thrive.
Update your resume, and don´t miss your dream job
Everyone at some point in their lives has had to write a resume for the first time; it is an exciting and challenging process to say on paper, “I am good at this,” “my skills are these,” and “I am preparing myself for this kind of jobs.” After going through that stage and getting our first jobs, the resume is a document gaining volume, experience, and importance in our career. The resume is our face in front of the labor market that every day is more prominent, blunter, and more demanding; for the same reason, nurturing our CV and keeping it updated is an activity that should not only be done to search for a new job but also has many more uses. Let’s talk a little about the reasons why having the resume updated is something that should be on the checklist of activities to do: Extra money In a constantly moving world where job flexibilities are more remarkable, it is possible to have more than one job at a time. If it is an extra job, it also requires a cover letter with our updated information, achievements in the current career, and the past, if any. The resume shows why we are suitable for the offer we are applying for. Even the most popular side jobs, because they are hourly, like restaurants, bars, house or apartment cleaning, recreation, and tourism (Hospitality industry), you need at least updated contact information and let the hiring managers know who you are. Employment Pages With the digitization of everything we do, there are pages where you can stand out for your career path and experience, such as LinkedIn, which has become the giant job board in the world in recent years. Additionally, there are many pages in each country where you can submit job applications. They review these pages, and companies such as staffing agencies can contact you if your information is attractive and current. The important thing about having updated information is that many potential employers are looking for new profiles even when you are not looking for a unique or better job opportunity. Labor promotions Experience makes perfect, and if you stand out as one of the best where you currently work, be ready for any promotion. Have your resume up to date, and be among the first to apply. Don’t do it just for these types of opportunities, but keeping it updated prevents you from forgetting to put essential and detailed information because maybe it was a long time ago. It couldn’t be fresh in your memory. New job It can be seen from the worst or the best scenario. However, it will lead to a good end. Sometimes finding a new job is a process that can not wait, so there is nothing better than, when necessary, not having to think about dates or essential details but having a document ready to share. Show the world your talents and give them good reasons to hire you. What to consider in creating a resume: In addition to the basic information that is vital (Name, profile description, work experience and studies in reverse chronological, achievements, skills, and references) Try to include everything essential but stay moderate. Limit the content to 1 or 2 pages; beyond that, only a few recruiters will read it. Do not include information such as date of birth, social security number, or health status. Finally, you don’t have to be a designer, but how the resume is structured speaks volumes about your personality. Try to be presented clearly and orderly and be ready to find your dream job. Also, remember to send your resume to staff agencies if you seek jobs. They always will find a good match for your skills
What is an event staffing agency?
At the moment, to organize an event finding the right staff is a task that could be complicated. Hiring a waitperson, a model, an entertainer, or another professional without knowing if they are suitable for the activity can scare anyone. That is where the event staffing agencies appear, who are in charge of hiring different personnel following specific characteristics. An event staffing agency carries out the entire hiring process. It is as if they had a portfolio of qualified professionals available for the required event; that way, when their services are requested, they become the bridge between the worker and the event owner. According to statistics from the American Staffing Association (ASA), before COVID-19, the staffing industry hired about 16 million employees a year, contributing enormously to north America’s economy. 13.6 million during the pandemic, and today, the industry has grown by 20% ($168 billion in 2021); thanks to the fact that the pandemic turned the virtual work modality into a trend, staffing employees can also be found working virtually in all activities: 36% Industrial 24% Office–Clerical and Administrative 21% Professional–Managerial 11% Engineering, Information Technology, and Scientific 8% Health Care The event staffing agencies listen to the client, understand and get to know the business to which they are dedicated, and in this way, attend to their requirements. Subsequently, they create a qualified team specific to the needs, no matter how complex it may be. The commitment between the staffing agencies and the client is to provide them with a professionally and ethically qualified team. What are the benefits of hiring an event staffing agency? Save time. Finding the right candidate for an event can take too much valuable time to be used in company activities. This time can be reduced through event staffing agencies in a simple call. This way, companies don’t have to review profiles, conduct interviews, and go through a whole hiring process for a short time. Flexibility It is no secret to anyone that everything that is rigid breaks. Somehow it happens with the workforce. Work teams need to be more suitable for the work environment to succeed. On the part of the event staffing agencies, the parties have flexibility. The client decides when and why to hire workers who fill positions for a short period. Statistics indicate that many people who work here have other types of jobs; however, due to the availability of time and the duration of the events, they can fill these vacancies. Good filter and avoid the risk Event staffing companies bear all the expenses involved in being an employer, filling out contract documents, paying insurance and salaries, and complying with all legal requirements. In addition, the event staff always go through a detailed process. Every profile is already reviewed, studied, and approved. The staffing industry is a win-win for all parties, professionals who manage to provide their services and profit from work. The agencies end up giving quality artistry and charge a fee for that. And the client who saves themselves the headaches and the uncomfortable process of performing hiring with the confidence that they are appropriately supported. Find more information in the event staffing agency.
Latest Statistics of the Staffing and Recruitment Industry in Florida
The staffing and recruitment industry plays a major role in the business environment of the United States by ensuring that the right people are getting the right jobs. The industry drives productivity in economy by having the right minds focusing on the relevant problems. Staffing companies offer a wide variety of services ranging from human resource consulting, outplacement and outsourcing, permanent placing, contract hiring to temporary hiring. The industry has seen tremendous economic growth over the past few years based on its success. The workforce solutions industry provided amazing career and job opportunities for nearly 17 million people a year. Out of those, 76% of them work full time, 49% of them are of the view that it is a great way to get a permanent job and 90% were of the view that staffing work increased their chances of getting a job. 35% of them were offered a permanent job by a client where they used to work. Approximately 20,000 recruiting and staffing companies are present in the US, which operate approximately 39,000 offices in total. Around 74% of offices and 55% of companies are in the sector that handles temporary and contract staffing. The sales of the entire industry spiked up by 3.9% in 2018, reaching $167 billion. Contract staffing and temporary sales summed up to $138.5 billion in 2018, according to the latest annual data from the ASA Staffing Employment and Sales Survey, which is a spike of 3.4% over 2017. Search and placement sales went up by 6.3% in 2018, according to Staffing Industry Analysts. With these statistics in mind, it can be seen that search and placement sales totaled $28.4 billion in 2018. Combining the two shows that U.S. staffing industry sales totaled $166.9 billion in 2018, which is 3.9% more than in 2017. Search and placement sales accounted for 17.0% of total staffing and recruiting industry sales in 2018. If the Florida staffing statistics are studied in detail, it can be seen that the staffing companies employed nearly 856,100 employees in 2017. An overview of the 2017 staffing statistics of Florida shows that the average temporary help workers each week amounted to 176,000. The total annual sales amounted to $9.2 billion. The approximate number of offices amounted to 2,340 and the average annual earnings per job were equal to $37,200. It can also be seen that the Florida Temporary help sector sales were 21% from the engineering, IT and scientific sector, 32% from the healthcare sector, 7% from the industrial sector, 12% from the administrative and office-clerical sector, 4% from the professional-managerial sector and 24% from uncategorized sectors. Apart from that, the approximate temporary employees per week contracted to 3.2 million in 2017. The average tenure lasted 10.7 weeks whereas mean employment was 15.5 million. The average annual earnings per job amounted to $37,700 and the temporary staffing sales amounted to $ 133.9 billion. The approximate number of offices amounted to 35,510. Looking for a Staffing Agency in Miami, FL? Reach out to us here or call us at 305.890.1562. We love working with our clients, and we’ll love working with you, too. Source: American Staffing Association
Staffing Industry Trends
Summer 2018 is almost here. At this moment we’re either preparing for summer vacation or getting ready to jump into the seasonal employment job market. For those of you who are gearing up for the summer job opportunities in the hospitality industry, you’ll be happy to hear that our economy is showing positive gains. Overall the staffing industry is doing exceptionally well and a large number of staffing firms are anticipating increases in revenue this year compared to 2017. According to the 2018 North American Staffing & Recruiting Trends Report, the driving forces behind this growth are based on strategic planning devised by industry professionals who know how and what to prioritize. Staffing firms top three priorities: Increasing profitability (45%) Driving top-line revenue growth (43%) Improving candidate sourcing (42%) Increasing profitability is always a top priority for any business and staffing firms are using technology and social media to bring in revenue. Firms are using the latest apps to build their network and obtain new clients. These apps schedule virtual meetings and help keep track of sales. In reference to social media, websites such as Facebook, Twitter, and Instagram allows staffing firms to market their brand directly to consumers and clientele. In addition, social network websites like LinkedIn gives staffing firms a great platform for recruiting new talent to their team. The other trends that are driving the staffing industry in 2018 include: Improving the management of client relationships Expanding into new markets Automating and accelerating recruiting and placement processes Engaging candidates and improving the candidate experience Increasing employment brand development and marketing We at RMG Staffing understand what it takes to stay ahead of the pack. We constantly update ourselves on the latest trends in the industry. In addition to the previously mentioned priorities that are trending in the staffing industry for 2018, we also use various other initiatives to push our company and most importantly our clients to greater heights. These initiatives include improving our diversity, new interviewing tools in our hiring process and data collection. Miami is a city of various cultures from all over the world. As a step to improve our diversity, we seek out employees of various backgrounds and skills. Our clients also come from a diverse background. Our interviewing tools are quite innovative. In addition to hosting open houses, we also implement tech-driven skill assessments in our interviewing process that guarantees our clients’ needs are met. Our in-house IT department is exceptionally gifted in troubleshooting. If there is ever a tech issue, they are quick to analyze the situation and resolve the matter in sufficient timing. We’re almost halfway through 2018 and based on the current state of the staffing industry, we are looking to experience an exceptional ending for the year.
Staffing Industry Economic Forecast for 2018
The world’s population rose to 7.5 billion in 2017, and as we reach closer to the end of the year, a few more thousand people will be born, and as the global population continues to rise, the more consumers will demand, and the more businesses will be pressured to supply products and services. According to the most recent forecast released at the Federal Open Market Committee meeting on December 13, U.S. Gross Domestic Product (GDP) will rise to 2.5% in 2018, similar to the percentage growth of 2017 and in comparison to the 2.1% growth in 2016. But they are also saying that the increase in GDP will drop to 2.1% in 2019 and 2.0% by 2020. Unemployment rates will drop to 3.9% in 2018 and 2019, but rise to 4.0% by 2020, which is an improvement compared to the 4.1% rate in 2017, and the 4.7% rate in 2016. During the meeting, Federal Reserve Chair Janet Yellen revealed that a lot of workers are part-time and would prefer full-time work. The forecast shows that most job growth is in low-paying retail and food service industries. “Moreover, the economic expansion is increasingly broad-based across sectors as well as across much of the global economy,” Yellen stated in her annual address to the U.S. Congress. “I expect that, with gradual adjustments in the stance of monetary policy, the economy will continue to expand, and the job market will strengthen somewhat further, supporting faster growth in wages and incomes.”Inflation will be 1.9% in 2018 and rise to 2.0% by 2019. We had 1.7% increase in inflation in 2017 and yet these rates were lower than the 2.1% rate in 2016 compared to the 0.7 percent inflation experienced in 2015. The low rates in the previous years were caused by declining oil prices. U.S. manufacturing is forecast to increase faster than the general economy. Production will grow by 2.8% in 2018 and yet growth will slow to 2.6% in 2019 and 2% in 2020.As for our Florida economy, we are expected to surpass the national growth rate. The housing and construction sector is expected to see the fastest growth, with an expected annual average rate of growth of 5.2%, followed by professional and business services growing at 4.5% annually. In addition, Florida economists predict wages to grow by 3.7% year-over-year. “In the South Florida metropolitan area, construction, wholesale trade and education and health services were the fastest growing sectors year over year, and education and health services also added the most jobs, 18,000. After a rough September, leisure and hospitality gains were solid for the month and year over year,” The Miami Herald reported. With this positive outlook for both the national and Florida economy, we can honestly say the best is yet to come, especially for the hospitality industry. Miami Music Week 2018 is just around the corner. Hotels and restaurants are getting prepared. The economic effects of Ultra Music Festival to the surrounding businesses will be gigantic and will assist in pushing South Florida’s hospitality sector throughout the rest of 2018. Despite what 2018 and beyond brings, we at RMG Staffing is fully equipped to continue to provide our current and future clients with the best human resource in the industry.
How Will 10 Billion Dollars 2020 Miami Project Impact the Staffing Industry?
Miami is a big city. According to the U.S. Census Bureau, our metropolitan area is the fourth -largest urban development and the eighth-most populated, with a population that is close to 5.5 million. Compared to other parts of the United States, we’re more than just big, we’re humongous. Rather on vacation or here to stay, our city attracts folks from all parts of the world. The Cuban population is obvious one of our biggest demographic, combined with those from other parts of the Caribbean and Latin America, the abundance of people migrating to Miami or here on vacation is pushing city commissioners and local developers to think big. Looking for a Staffing Agency in Miami? Reach out to us here or call us at 305.890.1562. We love working with our clients, and we’ll love working with you, too. How do we accommodate the continuous influx of visitors and residents? The concern in Miami being overpopulated and lacking sufficient housing has brought local leaders to develop Miami 2020; with the understanding that the city and the surrounding metropolitan areas are expected to see a catapult in population by 2020. Businesses, residents, local leaders and others who have invested interests in South Florida are developing plans to help support the city’s growth. And if the plan goes on as schedule, Miami’s skyline will see a dramatic evolution. According to a Related report, Brickell will see an annual increase of 1,900 condo units this year, in common with its rate increase for the past ten years. The Biscayne Corridor, which includes Downtown Miami, Edgewater, Midtown and Design District, will see 1,300 new condo units this year and the area has also seen this same rate increase for the past ten years. If you include the City of North Miami, Aventura, Fort Lauderdale Coconut Grove, Miami Beach, South Florida has an annual growth of 4,615 condo units. “Downtown Miami is growing at an incredible rate. By the year 2020, the waterfront along Biscayne Bay will be home to a staggering $10 billion in new development,” realtor Juan G. Ramirez. P.A. reported on his blog. As of now, the amount of new construction condo units to be built, already sold and currently available is at 10, 329, according to the Related report. So by 2020, we are expected to see Miami’s development and population outnumbering a large portion of the other major cities in the U.S. “The growing popularity of downtown is creating a cycle of new residents, new businesses and new life downtown,” City of Miami District 2 Commissioner and Miami DDA Chairman Ken Russell stated in a press release. “Young professionals, students and families are creating a diverse population. New rental properties should help further fuel the growth of that dynamic downtown community.” So how will this impact the staffing industry and South Florida’s employment rate? We expect to see a large amount of available employment in the food industry. South Florida residents love to wine and dine. A tremendous amount of the new condos will have retail and restaurant space and if you are working in the restaurant and retail industry, you can expect great career opportunities. In addition to the restaurant and retail industry, another sector that will be affected by the projections of 2020 Miami is in entertainment and events. The large amount of people who are moving and vacationing here is expected to stay in great hotels, residences, dine at the finest restaurants and certainly be entertained by the best gathering and events. Ultra Music Festival is Miami’s premier EMD event. Other great gatherings in South Florida include the Miami Film Festival, the Miami Book Fair, the South Beach Food & Wine Festival, the list goes on. These events will continue to show growth and with their growth comes visitors who fill up the hotels and the restaurants. Miami is lining up to explode in economic activity by the year 2020. “Florida is expected to break the $1 trillion mark in 2018 and climb to $1.074 trillion in 2019. That would make Florida’s economy the 16th largest in the world, according to rankings by the World Bank,” the Sun Sentinel reported. With that said, get ready Miami. Just when you thought the city couldn’t get any better, the best is right around the corner. Looking for a Staffing Agency in Miami, Florida? Reach out to us here or call us at 305.890.1562. We love working with our clients, and we’ll love working with you, too.
What’s Trending in the Staffing Industry in 2017
Are you one of those companies having difficulty finding a well-respected staffing agency to fit your human resource needs? Do you have an event lined up and can’t seem to find the right staff that provide excellent service with an impeccable attention to detail? Or maybe you’re just in the need of a temporary payroll solution? If so, you’re one of the thousands of companies around the globe that depends on a third party to meet company goals. The staffing, recruiting and workforce solutions industry is the blood line for America and the global workforce. Without it, the world’s economy would move at an incredibly slower speed. Think of any industry in any country, and most likely they hired a third party at one time or another to assist them in reaching their human resource and company goals. In the past, companies that sought the services of staffing agencies have had a difficult time in finding the right group to service their needs. Prior to the early 2000s, staffing trends were pretty archaic. But with the general improvement of technology and the rise of social media, the staffing, recruiting and workforce solutions industry had been able to implement wondrous strategies to reach their clients’ goals. Just recently, LinkedIn released its annual Global Staffing Trends report for 2017. Some of the highlights of the report state that companies’ overall growth, the competitive search for top talent and doing more with less is a top priority. Here are some key point addressed in the report: 68% of staffing firms sees their firms growing comparison to 2016, and they say they expect to hire more recruiters (56%), sources (32%), branding specialists (28%), and coordinators (17%). Also, 79% sees increases in the volume of their workforce in 2017. Most firms place candidates in less than 2 months. 39% report it takes them less than 1 month, 44% say it takes them 1-2 months, and 14% report taking 3-4 months to place candidates. Top challenges leaders say their teams are faced with include: competition for talent (58%); business development (38%); limited budget (30%); small recruiting team (25%); and poor communication with hiring managers (20%). 53% expect their budgets to increase in 2017. Half of these budgets go to traditional sources (job boards/advertising, recruiting tools), with unlimited funds the report says staffing firms would prioritize business development (49%), branding (34%), and investing in better sourcing tools (34%). 82% of the stop staffing firms agree that investing in brand generates new business, the reports state that 10% of their budget goes to such cause. Measurement of brand: traffic to our career website (45%); response to emails/InMails (43%); social media engagement (35%); number of social media followers (27%); and survey data on potential candidates’ perceptions (21%). Prediction for the incoming years: using social and professional networks to generate new business (55%); recruiting more diverse candidates (30%), innovative interviewing tools (29%); candidate relationship management tools (29%); and using big data (28%). We’re half way into 2017 and based on LinkedIn’s report, the rest of the year and beyond will see great growth in the staffing, recruiting and workforce solutions industry. The South Florida market is expected to reflect this trend especially since the summer season usually brings in a huge influx of economic activity within the region. Tourists will flock to the beaches, hotels will get filled close to maximum capacity and an abundance of diners will visit restaurants. In between, there is a tremendous amount of other companies that will need staffing agencies to meet consumer demands. Located in Miami, we at RMG Staffing takes pride in bringing together top-quality employees to employers. Our specialty includes hospitality management for both front of the house and back of the house management, banquets and events. And if your company has particular needs that demand meticulous attention, we at RMG Staffing can customize our services to meet your goals. We have provided exceptional service to some of the top and best companies in South Florida. Based on the significant trends that are happening in the staffing agency, we at RMG are in a beautiful position to keep our clients thriving.