My prior blog explained some of the anomalies of the last recession and how it severely impacted revenues in the healthcare staffing industry. If a worst-case scenario happens this year, and the US is faced with a double dip recession, the staffing industry will not be hurt as badly as
As the potential Greek exit from the Euro unfolds and other European economies find themselves on shaky ground, recent employment and GDP figures in the US increase the potential for a double dip recession.
Countless stakeholders across the country are waiting in anticipation for the result of the current challenge in the Supreme Court of the constitutionality of Obamacare. Pundits have second-guessed what the decision may be, and what impact any ruling may have on the populace in general, and the industry specifically.
As the number of unemployed workers remains high along with another new graduating class from colleges around the country, the number of applicants per job posted is reaching historic levels in all professions. In many industries, including the healthcare staffing industry, the sheer volume of applicants has resulted in a
No matter how many viable candidates are in your database, the law of supply and demand will always mandate amount of revenue you can generate. In short, the more candidates you have to place (supply), the more clients (demand) you will need to service. Obviously any successful healthcare staffing firm
The recent initial public offering of the popular social network firm FaceBook provides a cautionary tale for healthcare staffing firms around the country. How in the world does the public offering of a previously private social networking company relate to the staffing industry? Three ways. Expectations, expectations, and expectations.
As a follow-up to our last blog, “Building a Vendor Management System in Healthcare Staffing,” describing a brief history and current state of Vendor Management Systems in the healthcare staffing industry, we will take a look at some of the operational nuts and bolts in its application in the healthcare
…. Are they really legal? During the course of candidate sourcing in the healthcare staffing industry, legal signatures are required for binding documents between prospective employees and the employer. The volume of paperwork in healthcare staffing credentialing and contracting is typically much greater than in other non-healthcare related fields. The
In our last blog, we discussed the impact unemployment claims have on insurance rates for State Unemployment. Another major area of concern for healthcare staffing agencies is the worker’s compensation premium that is experience rated as well.
