Contingent Staffing Facts
Do you know the top five companies? Employees' average earnings?
November 1, 1999
Some facts from the American Staffing Association in McLean, Virginia:
- A report released by The Conference Board shows that a majority of companies cite labor-force flexibility as the main reason for using temporary help. Other reasons include the need for special expertise, head-count control, filling in for absent employees, protecting core employees against job loss and screening candidates for full-time jobs.
- About 90 percent of temporary-staffing companies provide free skills training to temporary workers. Expenditures for skills training increased to $720 million in 1997, more than double the $260 million spent in 1995.
- In 1998, the technical and professional sectors comprised nearly one-fourth of temporary help payroll.
- More than one-third of temporary employees now prefer the alternative arrangement over traditional employment, according to the Bureau of Labor Statistics.
- The average temporary employee earns more than $10 an hour.
- The average tenure of assigned temporary employees range from 3 to 5 months.
- 72 percent of temporary workers move on to permanent jobs.
- Staffing firms currently have made recruiting their primary focus, and many are using Web-intensive strategies.
- According to the Staffing Industry Report, the top 10 largest staffing companies captured 29 percent of the total $72 billion U.S. staffing market in 1998.
- 56 percent of temporary workers report that they learned new skills while working as a temporary employee. In addition to learning new skills, 29 percent report they found full-time, regular work as a direct result of their temporary assignment.
Workforce, November 1999, Vol. 78, No. 11, p. 59.