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How big is the
industry?
The staffing industry generated more than $78 billion in revenue in 2005:
$69 billion from temporary help services and $9 billion in permanent
placement services.
How many companies use staffing
services?
90 percent of companies use temporary help services.
How much has the staffing industry
grown?
Average daily employment for temporary help services has increased at an
average rate of 10 percent per year over the past seven years.
What accounts for the growth of the
industry?
America's workforce is changing as more and more people 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 temporary and contract employees range
from three to five months.
What types of assignments do staffing
companies offer?
Jobs range from ditch digger to CEO and are available in virtually all
occupations.
What are the trends in the kinds of
jobs being assigned?
The fastest growth is occurring in professional and technical occupations.
How many staffing companies are there
in the U.S.?
There are about 6,000 firms that have been in business a year or more. Those
companies operate approximately 20,000 offices.
What kind of pay and benefits do
temporary and contract employees receive?
To attract the most qualified employees, staffing services offer highly
competitive wages and benefits. The average temporary or contract employee
earns more than $10 per hour. Some earn more than their permanent
counterparts. Most staffing companies offer health insurance as well as
vacation and holiday pay, and many offer retirement plans. Virtually any
temporary or contract employee who wants benefits can find a staffing firm
that offers them.
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 PEO arrangements, in which a staffing firm assumes responsibility for
payroll, benefits, and other human resource functions.
Sources: ASA, U.S. Bureau of Labor Statistics
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