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.
Premier staffing franchise opens first location in Pacific Northwest. BEAVERTON, Ore., May 17, 2019 /PRNewswire/ -- NEXTAFF, an industry leader in identifying quality talent for businesses, announced today it is opening a staffing agency location Beaverton, Oregon, which will be its first location in the state.
When professionals start to dream of being an entrepreneur, we tend to dream big. Take for example, starting a little garage-business and growing that business into an international giant like Microsoft. Or starting an online business and taking over national retail, like Amazon. But that's not actually why most people start their own business.
You start a business because you want to be your own boss, and because you know you can do better than business owners in the past. You start a business because you have the resources to put a small startup business together. And what you're aiming for in the first ten years probably doesn't look anything like Microsoft or Amazon, because what you bring to the table is good practical knowledge of the business world and the ability to lead a well-organized team.
The Allure of Franchises
The US staffing industry will grow 4% this year, reaching a record $153.5 billion in revenue, according to the “US Staffing Industry Forecast” from Staffing Industry Analysts. Growth is expected to decelerate to 3% in 2020 amid slowing GDP growth.
Building a career is a slow and careful process. It is also one of the most rewarding experiences of any professional life. We all start out fresh from school and look for those first few years of industry experience. There is a certain excitement and joy in finding a job that is a good fit and gives you opportunities for professional development. And each time you leave a job for a better opportunity, the parting may be bittersweet but the new position becomes an essential piece of a rising and rewarding career. Eventually, you find yourself in the perfect upper-level position, at the peak of your capabilities and achievements, and make a reputation for yourself that lasts well into retirement.
Most professionals get to experience the joy of building a career only once, or perhaps twice, before it's time to retire. But there is one professional choice you can make that could allow you to see this incredible transformation countless times: Opening a staffing franchise.
Becoming a Career Builder
Have you always wanted to start a staffing agency but just need some information on how you can get started? Have you been working hard for someone else and your drive and determination are telling you that this is the right time to make great things happen for yourself? Have you started taking a thorough inventory of your financial situation; including listing all of your assets, debts and how much funding you'll be able to provide? Do you have some savings but know that you will still need some additional capital in order to start your staffing business? These are the top 5 places where you can find funding so that your staffing agency startup dreams can come true.
Have you always wanted to start a staffing agency but just need some information on how you can get started? Have you been working hard for someone else and your drive and determination are telling you that this is the right time to make great things happen for yourself? Have you started taking a thorough inventory of your financial situation; including listing all of your assets, debts and how much funding you'll be able to provide? Do you have some savings but know that you will still need some additional capital in order to start your staffing business? These are the top 4 places where you can find funding so that your staffing agency startup dreams can come true.
The staffing industry is growing at a rapid pace, with $147 billion in industry sales only two 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 open a staffing agency, there is a good chance that starting your own will be more overwhelming than you would expect. Take a look at these six reasons to buy a staffing franchise instead.
1. The Up-Front Investment may be less