The staffing industry is growing at a rapid pace, with $147 billion in industry sales only four years ago -- and this number represents a trend that is projected to continue. With the American workforce projected to reach over 163 million by 2022, staffing agencies are positioned to become more and more relevant as a new generation of workers enters the labor force. If you are hoping to start a staffing agency, there is a good chance that opening one on your own will be more overwhelming than you would expect. Take a look at these six reasons to buy a franchise in the staffing industry instead.
The staffing industry is booming as the demand for highly skilled workers continues to climb. The American Staffing Association states "Since the recovery began in July 2009, staffing employment has been growing more than two times faster than the economy and just over six times more rapidly than overall employment. "The industry is still growing, with niches to be identified and developed in all areas of the country. Would you like to be part of this trend? You might consider starting a staffing agency in your community under the umbrella of a larger, more established organization.
For many professionals, there comes a time in their careers when they've reached the practical top of the corporate ladder and have built up significant savings over the years. Some people coast comfortably into retirement, some learn a series of interesting hobbies, and some decide to become business owners by buying a franchise.
Did you know that roughly sixteen million people are hired by staffing companies over a single year in the United States?
Topics: Staffing Franchise Opportunity
How do you measure job satisfaction? Among all the things people compare about their jobs, satisfaction in your role is one of the most difficult aspects to quantify. Most would agree that it is, in fact, a subtle mix of aspects including appreciation, interesting work, opportunities to grow and advance, and the quality of the relationships you form with coworkers. It can be shaped by how your boss sees you, how your clients treat you, and how you view yourself while at work. Job satisfaction occurs when the right person is found for each role and employers know how to value and reward them. From a more corporate perspective, job satisfaction is the least measurable aspect of what causes employees to become eternally loyal or leave all too soon after being hired.
Starting a staffing franchise relates directly to today's hiring climate. In order to thrive, you need to understand where your clients -- the businesses and professionals -- are coming from and what they are looking for in a recruiting and staffing service. To do that, you'll want to be up to date on the biggest staffing trends currently facing the hiring industry.
If you take a look at the way hiring works today compared to twenty years ago, the professional candidate has all the power. Companies scramble to provide the best benefits packages, and the most appealing work environment. Companies are competing against each other to find the most skilled professionals just to meet their hiring needs. It may look like today's job seekers can get any job they want without the help of traditional staffing and recruitment professionals. If you thought that though, you'd be wrong.
Available skilled talent is at an all-time low, and this is great for the staffing industry. You might think that these two facts are opposites but when the going gets tough, hiring managers turn to the staffing industry for help. The recent drop in available higher-level professionals has created serious scarcity, and not just where you've seen it in your nearby industries. The War for Talent, as it has been deemed, is happening all over the world. Companies from Amsterdam to Seattle are struggling to fill lead, engineer, and senior management positions. Even mid-level technicians are becoming increasingly harder to find. Because of this, the competition is high between businesses, and every recruit has become a hot commodity. It's no wonder the staffing industry is in high-gear to help these companies find the employees they need.
Have you ever wished that an HR department you have worked with had better policies, or was better at fitting new hires to open positions? In the course of a long career, we've all second-guessed HR more than a few times, and not just about vacation days. It's always painful to see a colleague or someone you manage who just isn't a good fit for the job they have, but we see this happen all the time. The fact of the matter is that hiring managers aren't perfect, they're human. And so are the job seekers. No doubt you've seen just as many people who apply for jobs they are not suited for as you have hiring managers who select the unsuited candidates.
Employment in America has changed. In the mid-20th century, corporate and government employees along with their employers assumed that lifetime employment was and would be the norm. The negotiating strength of unions led to higher wages for blue collar workers and the upward pressure on their wages increased wages for non-blue collar workers as well.