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The sharing economy is changing staffing
Staffing Talk
It's no secret to the staffing industry that trust is the cornerstone of all good business. Our clients trust us to send them good people. Our employees trust us to find them better jobs. So what happens when someone else finds a more efficient way to create that trust? Or what if they compete with legit staffing companies unlawfully and without our cost structure?
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State Labor Department releases May 2015 area unemployment rates
New York State Department of Labor
The state’s private sector job count increased by 139,300 from May 2014 to May 2015. In May 2015, the number of private sector jobs in the state was 7,783,800, an all-time high. In addition, the state’s seasonally adjusted unemployment rate was unchanged at 5.7 percent in May 2015, remaining at its lowest level since August 2008.
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Staffing firms save with commuter benefits
The Staffing Stream
Temporary staffing companies continually face the challenge of balancing the need to provide employee benefits to attract high quality candidates for placement with the need to maximize profit margins. This has become even more challenging in light of the looming effects on the industry of compliance with the Affordable Care Act. That’s a lot to balance. Few employee benefits can achieve the lofty goal of being a meaningful benefit to employees while actually saving money for the employer offering the benefit. Increasingly, the staffing industry is taking advantage of commuter benefits as a way to cut payroll taxes and increase the effective pay rate of both its full time and temporary employees on assignment. It seems counterintuitive that an employee benefit program can actually save a staffing firm money, but an increasing number of companies are finding it possible to do just that.
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ACA impact on part-time employment is negligible, ADP finds
Staffing Industry Analysts
The number of part-time jobs and number of hours worked remained fairly stable following the implementation of the employer shared responsibility provisions of the Affordable Care Act, according to the ADP Research Institute’s new study, “The Affordable Care Act and Economics of the Part-Time Workforce: Measuring the Impact of the Affordable Care Act.” Despite predictions by some industry observers that employers would move many employees working 30 to 34 hours per week into higher or lower hourly categories to manage healthcare benefits costs, the study indicates little to no change in the number of workers within each of three hourly ranges studied since implementation of ACA provisions began.
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ASA Staffing Index remains stable
American Staffing Association
Staffing employment for the week of June 8–14 was 95.66, according to the ASA Staffing Index. Temporary and contract staffing employment decreased 0.45 percent from the prior week, and was 2.11 percent lower than the same week last year.
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Can an algorithm hire better than a human?
The New York Times
Hiring and recruiting might seem like some of the least likely jobs to be automated. The whole process seems to need human skills that computers lack, like making conversation and reading social cues. But people have biases and predilections. They make hiring decisions, often unconsciously, based on similarities that have nothing to do with the job requirements — like whether an applicant has a friend in common, went to the same school or likes the same sports. That is one reason researchers say traditional job searches are broken. The question is how to make them better.
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The 5 hot trends that are reshaping recruiting
Business Management Daily
With the economy clicking again, employers are getting back into the recruiting game. Here are some of the biggest trends in corporate recruiting, according to a report by the Deloitte consulting firm.
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Lack of career path is top reason employees leave, Randstad survey finds
Staffing Industry Analysts
A lack of career path, not salary, is the top reason employees leave their jobs, according to Randstad’s 2015 Employer Branding Survey. The survey found 26 percent of employees who left their jobs in the past 12 months cited lack of career growth opportunities as the primary reason for leaving a company, followed by low compensation at 23 percent and poor leadership at 19 percent.
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Employee turnover is top workforce challenge facing HR leaders
Globoforce
Employee retention/turnover is the number one workplace challenge facing HR leaders today, according to the 2015 SHRM/Globoforce Employee Recognition Survey. In the survey, 40 percent of HR professionals cite employee retention/turnover as their top organizational challenge, followed by employee engagement.
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Reduced-load work arrangements
Human Resource Executive Online
Can companies actually benefit by giving their workers less to do? Ellen E. Kossek says yes. Kossek, a professor of management in the Krannert School of Management at Purdue University, has been studying the “reduced-load work” concept for a number of years. She defines it as "an emerging talent management practice" that has four components which allows professionals to: reduce the number of hours they work; reduce their actual workloads (i.e., not being expected to perform the same amount of work as before, but in less time); take a pay cut and also actively remain on their career paths. "Unlike flextime and telework,” she says, “RLW addresses professionals' core problems of rising work hours and workloads." So how does RLW differ from traditional part-time work?
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TRENDING ARTICLES
Missed last week's issue? See which articles your colleagues read most.

    10 hardest skilled labor jobs to fill in 2015 (Business Pundit)
Measuring top performing staffing specialists (Staffing Talk)
How to sharpen your competitive edge with video technology (The Staffing Stream)

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Colby Horton, Vice President of Publishing, 469.420.2601
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