staffing companies Archives - EZ Staffing Factoring

Staffing Companies Are an Open Window

Every year, the staffing industry supplies jobs for around 14 million Americans a year. That’s a lot of people! Working with a staffing company is beneficial to all parties involved. The employers don’t have to take the time out of their day to search for candidates, they will have skilled professionals who know exactly what to look for. The potential employees don’t have to spend the time filling out multiple applications to jobs they might not even qualify for. The staffing firm will partner them with the right company based on their experience and skills. Finally, the staffing firm itself creates a larger network of clients and keeps the cycle moving. Everyone is happy. It’s a safe haven for both job seekers and employers to go where they know they will get results.

Many job seekers say that going through a temporary staffing company to get a job is a way of leading them to a permanent job that they couldn’t get on their own. Nine out of ten employees said that staffing work made then more employable on their resumes. One-third of employees are offered a permanent job by a client where they worked on an assignment, and two-thirds of those offers were accepted.

Breaking Down the Numbers

Permanent employment may be the prize for a lot of job seekers, but it’s not for everyone. One in five employees that go through a staffing agency say that they chose temporary staffing because of the scheduling flexibility. Temporary staffing is also a great way to gain experience while employees have another part time job, or are in school. On the flip side, if employees have done the temporary jobs and are ready to settle in a permanent position, they can look into permanent placement positions.

Here is the breakdown from the American Staffing Association showing industries in which employees work with staffing companies:

37% Industrial

28% Office–Clerical and Administrative

13% Professional–Managerial

13% Engineering, Information Technology, and Scientific

9% Health Care

Looking at these percentages, 37% of employees are placed in an industrial position. This means there are a lot of industrial companies that need temporary and permanent employees. There numbers are something to look at if your small staffing firm is looking to branch out into other industries. Looking at the satisfaction ratings of employees working with a staffing firm, 41% are extremely satisfied with their experience while only 3% are not satisfied at all.

How Your Staffing Company Can Expand its Horizons

As a staffing company in a large industry, it is in your best interest to keep a client returning for their future staffing needs. What should you do if your company has incoming expenses but slow incoming invoice payments? You may be thinking you should head to the bank for a loan. But that could take weeks or even months to receive. If you need money right now to keep your staffing agency growing, you should turn to a staffing factoring company. Invoice factoring is quick and easy and will give you advanced capital in hand within 24-hours of being approved. Factor Finders is your one-stop shop for payroll funding and can also provide staffing firms back office support and payroll services. What are you waiting for?

Optimizing Interviews for Staffing Companies

Interviews at staffing companies are a completely different ball game. You are the middle man that stands between a company image, and its potential employees. Relationships are being built on both ends. When you are working with busy clients who need you to do the hard work for them, you have to be on top of your game. Finding candidates who will best suit the needs of your client is vital. With that being said, you must be able to conduct the most effective interviews. Check out these interview tips for staffing companies to make the whole process run smoothly.

5 Steps to Becoming a Better Interviewer:

Be Willing to Go Off the Beaten Path:

You may have a set list of questions that you ask every potential employee, which is great to have ahead of time. Although, never be afraid to get away from that. Sometimes a candidate will answer a question of yours that will then prompt a new question that you just thought of. If it will in the end help you decide if they are good fit, absolutely ask it. Going in a different direction than what is on your agenda sometimes turns out to be a better route.

Be Welcoming:

No matter what way you look at it, interviews are nerve wracking. Creating a welcoming environment is a way to cool down the tension. If you jump right into the tough questions with a candidate, they will most likely freeze up on their answers and set the precedent for the rest of the interview. Small talk, as generic as it may seem, can help relax e a candidate into feeling more comfortable. This will then ease both you and the candidate into engaging in thoughtful conversation. This plays an important role to staffing agencies who are relying on finding the best person for the job to please their clients.

Take Notes:

Taking notes not only makes the candidate feel like you are truly listening to them, it helps you remember what they said in that interview. It is also suggested to mark something that stood out about the candidate, just so you can remember who is who. Staffing companies are constantly conducting back to back interviews, being organized is key. When it finally comes done to choosing the best candidates, having notes will make the process much easier.

Be Clear:

Once you sit down with the candidate, you need to be 100% clear on what the position is for. This marks a clear line of what will be expected of the candidate. This will save you and the interviewees a vast amount of time. Your clients will also benefit from this as there will be no confusion on their end once they meet with the potential employees. Remember you are interviewing through the eyes of the client as a staffing company.

Sell the Company you are Supporting:

As a staffing agency, you need to act as if you work at your client’s company yourself. Tell the client some things about the company they are applying with that may stand out from others. Talk about the company dynamic and culture that might strike a chord with the candidate. Showing your client’s company in a positive light will be appreciated by your client and help you find the best candidate for them in the long run. Ask your candidate what they are looking for in a company, what excites them, and what they didn’t like about their previous workplace. Their answers will also help you gauge whether they will be a good fit for your client.

Staffing is a fast moving industry. In order to conduct these perfect interviews, you need a great team. Free up some working capital for your staffing agency through invoice factoring. Factor Finders will partner you with dedicated factoring companies who will increase your capital so you can provide the best services to your clients.

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