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How to Calculate Your Staffing Agency’s Burden Rate & Bill Rate

Crelate

If you’re moving into a leadership role at a staffing agency, or thinking about starting your own shop, there are three key terms you need to understand to price your services properly. Calculating the burden rate is the behind-the-looking-glass magic that makes some staffing firms more successful than others. FICA Taxes.

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How to Transition Your Staffing Agency Employee to a Permanent Position

Crelate

And when one of your staffing agency’s best temporary workers is offered a permanent position with a client, it’s 100% appropriate to celebrate with a fist-pump. Lastly, for staffing agencies, when a contract placement converts to a direct hire, you earn money from the assignment and the permanent placement! Benefits of Temp-to-Perm.

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The Slow and Steady Rise of Interim Management Becomes a Boom

NPA Worldwide

Recruiters the world over have known about temporary staffing and contractors for many years. It is often said that a recruitment business is almost impossible to sell as a going concern unless it has regular income from temporary staffing. The traditional scope of temporary staffing has been threatened in many ways in many markets.

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Three Practical Ways to Make Year-End Successful for Staffing Firms

Avionte

For all the recruiting and staffing professionals out there, it just might be thoughts of finishing up W-2s, Affordable Care Act reporting and year-end-tax filings. Do we need to e-File, or can we mail forms to the government agency? What’s the first thing you think about when you hear, “New Year”? Is it resolutions? Make a Plan.

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Unemployment Tax Hikes on the Horizon?

The Staffing Stream

What Unemployment Loans Coming Due Means for Staffing. For staffing owners in those states, this could mean potential unemployment tax hikes. To help, we’ll take you through how the unemployment tax system works, what the coming repayments mean for your state and what you can do to prepare your staffing business. .

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Legal Requirements for Recruitment Firms

NPA Worldwide

Some of these laws include: Age Discrimination in Employment Act Americans with Disabilities Act Equal Pay Act Pregnancy Discrimination Act Title VII of the Civil Rights Act These laws govern, among other things, information that you collect about job seekers, information you store about job seekers, and information you share about job seekers.

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What You Need to Know About Covid-Related Sick Leave and Disability

The Staffing Stream

Additionally, employer-sponsored disability insurance — required in most states — may cover Covid-19. Long-term disability insurance requires that an employee be unable to work for at least 90 days until he or she can begin receiving benefits. Adjust payroll for workers who are on leave or disability.

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