the staffing industry -- vedicsoft
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The Staffing Industry
Presented by VEDICSOFT
The Staffing IndustryWhat kinds of services do staffing companies provide?Staffing companies offer a wide range of services, including temporary and contract staffing, recruiting and placement, outsourcing, training, and human resources consulting.
FactsStaffing companies match millions of people to millions of jobs. 2.01 million people are employed by staffing companies every business day. 8.6 million temporary and contract employees are hired by U.S. staffing firms over the course of a year. 79% of staffing employees work full time, virtually the same as the rest of the work force.
Topics
Staffing industry ComponentsStaffing Industry Markets and Solutions
Staffing Industry ComponentsThree Major Components…
The EmployerThe Employer is a company or organization that has a need.
Needs can be described as follows:
Temporary EmploymentPart-Time EmploymentFull-Time Employment
Temp-T0-HireDirect Hire
Customized Solutions
The Employer
The Employee
The Employee is an individual that is actively seeking employment.
Employees can have many skill levels such as:
General LaborerEquipment Operator
Office / ClericalManagement
Executive
The Employee
The Staffing Firm
The Staffing Firm is the organization that pulls all of this together.
The way it all works:
The Employer Identifies a need to The Staffing Firm
The Staffing Firm recruits an The Employee to fulfill that need
The Employee reports to The Employer
The Staffing
Firm
Staffing Industry Markets and Solutions
Traditional vs. Non-Traditional
TraditionalExample:
Administrative & Office
Receptionist TypingSchedulingFiling
* Billed to customer in terms of hours worked
Non-TraditionalExample:
Output SolutionsWarehousingForklift OperatorUnloading Laborer
* Billed to customer in terms of units produced
How Big is The Industry?
The staffing industry generated approximately $61.4 billion in sales in 2009: $53.5 billion from temporary and contract staffing and $7.9 billion in search and permanent placement services.
•There are about 6,000 firms that have been in business a year or more. Those companies operate approximately 20,000 offices.
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