By the Number: Facts and Statistics for Staffing Companies and Employees
There are only a few more months left in the year, but it doesn’t mean the economy has already reached its peak. Retail stores usually see their most considerable profits during the holiday season. Along with restaurants and the hotel industry, the end of the year tends to bring significant traffic to many companies. The staffing industry also sees tremendous movement during this time of the year. The staffing, recruiting, and workforce solutions industry is the bloodline of the U.S. economy. According to the American Staffing Association, the industry “provides outstanding job and career opportunities for nearly 15 million employees per year.” Here are a few facts and statistics that have made 2017 and previous years a great time to align your brand with our industry. Staffing Companies There are about 20,000 staffing and recruiting companies in the U.S., which operate around 39,000 offices altogether. Approximately 55% of companies and 74% of offices are in the industry’s temporary and contract staffing sector. Temporary and contract staffing sales totaled $128.5 billion in 2016, according to the latest annual data from the ASA Staffing Employment and Sales Survey—an increase of 1.7% over 2015. Search and placement sales grew 2.6% in 2016, according to Staffing Industry Analysts. Applying SIA’s yearly growth estimates to the most recent U.S. Economic Census benchmark indicates that search and placement sales totaled $21.9 billion in 2016. Combining temporary and contract staffing with search and placement services, U.S. staffing industry sales totaled $150.4 billion in 2016, 1.8% more than in 2015. Search and placement sales accounted for 14.5% of total staffing and recruiting industry sales in 2016, the largest share since 2007. -Source American Staffing Association. Staffing Companies Specialization Temporary and contract staffing Recruiting and permanent placement Outsourcing and outplacement Human resource consulting Staffing Employees Most (76%) work full time, comparable to the overall workforce (82%). Half (49%) of staffing employees say it’s a way to get a permanent job. Nine out 10 said staffing work made them more employable. One-third (35%) were offered a permanent job by a client where they worked on an assignment, and two-thirds (66%) of those accepted the offers of permanent employment. Staffing employees’ occupations sectors: 37% Industrial 28% Office–Clerical and Administrative 13% Professional–Managerial 13% Engineering, Information Technology, and Scientific 9% Health Care The staffing, recruiting, and workforce solutions industry is vital to the U.S. economy. Reports state that our industry provides terrific job and career opportunities for nearly 15 million employees annually. Millions of employers depend on us. We at RMG Staffing pride ourselves on being a staffing company that provides top-quality employees to employers in need. Our management team has the most advanced tools available to provide your company with unmatched human resource IQ. The national data proves that our industry is the bloodline of the economy. RMG is a guiding light that will help you navigate your company’s goals toward greater heights. To find out what we can do for your company, don’t hesitate to call or shoot us an e-mail. We’ll be happy to hear from you.
How Technology is disrupting the Staffing Industry
Remember back in the old days when you were looking for employment and you had to buy a newspaper and go through classified ads to find a decent job? Most likely, you ended up with no luck and dirty hands from all the ink that went from the newspaper to your fingers. Thanks to technology those days are long and gone. Nowadays, don’t have to run down to your nearest grocery store to do that. All you have to do in order to find prospective jobs is to turn on a computer, get online and search through the numerous job websites. And you could do it in your pajamas and not have to get your hands dirty. “Technology has had its manipulating fingers in every industry. It revolutionized the music business, turned the publishing industry upside-down and have certainly changed the way the staffing industry conducts its business,” Adecco USA states on its blog. Here’s how technology is influencing the staffing industry: Optimize for mobile technology People are using their phones more than ever and more people use their Smartphone for data then for actually conversations. Apps are the biggest ways staffing agencies are using to staying up-to-date with trends. With apps, they are not just staying up-to-date with trends they are also using them to obtain large amounts of data that would have taken tremendous amount of hours to do back in the day. “It may (or may not) surprise you that 90 percent of job seekers use mobile devices to conduct key functions when looking for their next career opportunity. That means it’s critical that your website is optimized for today’s Smartphone technology. A mobile-friendly, responsive website is vital to winning the talent war, as candidates expect employers to harness Smartphone technology to expedite the application process,” Business2Community states on its website. Social media engagement One of the most popular things that people do on their Smartphone is logging onto Facebook and Instagram and checking what their friends are up to. We as a staffing agency are doing just the same. Constantly checking out prospective candidates’ social media profiles, posting, commenting and direct messaging to see who are the best fit for our clients’ needs. Recruiting marketing Staffing agencies are also using the Internet to improve their brands’ presence. If you don’t have a Facebook, Instagram, Twitter or other social media profile than you are doing harm to your company. Blogging is another effective marketing tool. When implemented correctly, staffing agencies can spontaneously get their footprints in the industry. RMG Staffing has been able to stay ahead of the game because we predicted technology’s influence in the industry since the early beginnings. As a client of ours, your business will receive exceptional service and will make sure your brand is aligned with the constant advancement of technology.