How big is the industry?
The staffing industry generated some $72 billion in revenue in 1990: $59 billion from temporary help services and $13 billion in permanent placement service.
How many companies use staffing services?
90% of companies use temporary help services How much has the staffing industry grown? Average daily employment for temporary help services has increased an average of 11% per year over the last 5 years.
What accounts for the growth of the industry?
America's work force 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.
What kind of pay benefits do temporary employees receive?
To attract the most qualified employees, staffing services offer highly competitive wages and benefits. The average assigned employee earns more than $10 per hour. Some temporary employees 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 assigned employee who wants benefits can find a staffing firm that offers them.
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 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 assigned employees rang from 3 to 5 months.
How many staffing companies are there in the U.S.?
There are about 7,000 firms that have been in business a year or more. Those companies operate approximately 17,500 offices. NATSS represents 1,600 companies that operate 13,000 offices.
Do staffing firms charge employees a fee for temporary assignments?
No.
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 professional employer organization (PEO) arrangements in which a staffing firm assumes a business' responsibility for payroll, benefits and other human resource functions.
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