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Frequently asked questions about the staffing services industry
How big is the industry?
How many companies use staffing services?
How much has the staffing industry grown?
What accounts for the growth of the industry?
Do staffing firms charge employees a fee for temporary assignments?
How long do people hold temporary jobs?
What types of assignments do staffing companies offer?
What are the trends in the kids of jobs being assigned?
What kinds of pay do temporary employees receive?
What kinds of services do staffing companies provide?
How big is the industry?
The staffing industry generated some $72 billion in revenue in 1998; $59 billion from temporary help services and $13 billion in permanent placement services.
How many companies use staffing services?
90% of companies use temporary help services.
How much has the staffing industry grown?
Average daily employment for temporary help services has increased an average of 11% per year over the last 5 years.
What accounts for the growth of the industry?
America's workforce is changing as more and mor epeople are looking for the flexibility that temporary work provides. Companies are tapping into the flexible labor market to keep fully staffed during busy times.
Do staffing firms charge employees a fee for temporary assignments?
No.
How long do people hold temporary jobs?
While specific jobs may last from a few hours to several years, the best estimates for the average tenure of assigned employees range from 3 to 5 months.
What types of assignments do staffing companies offer?
Jobs range from ditch differ to CEO and are available in virtually all occupations.
What are the trends in the kids of jobs being assigned?
The fastest growth is occurring in professional and technical occupations.
What kinds of pay do temporary employees receive?
To attract the most qualified employees, staffing services offer highly competitive wages and benefits. The average assigned employee earns more than $10 per hour.
Some temporary employees earn more than their permanent counterparts.
What kinds of services do staffing companies provide?
Staffing services include temporary help, permanent placement, temporary-to-permanent placement, long-term and contract help, managed services (often called "outsourcing"), training, human
resources consulting, and professional employer organization (PEO) arrangements in which a staffing firm assumes responsibility for payroll, benefits, and other human resource functions.
Sources: American Staffing Association, US Bureau of Labor Statistics, The Conference Board, The OmniComp Group
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