Businesses Hiring More Temporary Staffing Workers

According to a recent survey conducted by the American Staffing Association (ASA), on any given day during the first three months of 2013, there were 2.86 million temporary or contract workers on average in the U.S. In the report was data collected from numerous staffing sectors, including healthcare, legal, and administrative workers.

“Temporary and contract employment is a good indicator of where the economy is today,” said Richard Wahlquist, ASA President and CEO in a statement.

Temporary staffing jobs dropped by 148,000 workers from the fourth quarter of 2012 to the first quarter of this year–a seasonal employment trend that ASA says is normal.

Most staffing agencies can expect to see slow but stable growth in the employment of temps in the coming months, according to ASA.

Because of increased consumer demand, a need for flexibility, and the upcoming obligatory changes to health care plans, companies all over the U.S. have looked to staffing agencies for workers. Corporations who wish to avoid providing employer-sponsored medical insurance for their workers and who are on the verge of having 50 employees, the tipping point into having to offer affordable healthcare to fulltime workers, may look to temps and staffing agencies in order to evade being forced to obey the law.

Temporary staffing on the rise

Roughly 913,200 temps have been added in the U.S. since the end of the recession in June 2009, which accounts for around 19 percent of all new jobs. Their number rose to 2.66 million in April, about 11,300 less of the April 2000 record, according to toU.S. Bureau of Labor Statistics data released last month.

Certain fields and industries are also more likely to hire temps than others. Healthcare organizations struggle with the issue of employee burnout because of the hospital environment and long hours involved in their trade. Because of this, hospitals and other health and wellbeing organizations sometimes look to temporary staffing agencies to “fill-in” for other permanent professionals so they can take a break and relax from their stressful occupation. 

 A study recently conducted by CareerBuilder showed that 40% of employers have plans to hire temporary workers this year.

Your staffing company should always plan ahead for unexpected growth. Factor Finders works with a huge network of staffing factoring companies for payroll funding and working capital needs. If rapid growth leaves you struggling to fund payroll, we will match you with a staffing factor who will purchase your unpaid invoices and advance you instant cash.

Contact us to learn more about staffing invoice factoring.