How to Thrive in the New Economy

August 2010, jobs are starting to come back, but they aren’t the same jobs we were used to. As we struggle to come out of the “Great Recession”, many of the jobs worried employers are adding back are temporary or project related rather than traditional permanent jobs. Also with unemployment remaining near 10%, more workers are willing to accept temporary or shorter term positions than in the past.

In 2005, the government estimated that 31% of U.S. workers were already so-called contingent workers. Experts say that number could increase to 40% or more in the next 10 years. Permanent employees could become the minority of the nation’s workforce within 20 to 30 years.

Our clients are reluctant to bring on permanent employees too quickly. The confidence landscape is very different now. In many cases, client’s have too many employees when they don’t need them and too few employees when they do need extra help. State Unemployment Tax rates (SUTA) have risen to historic highs and will only go higher in the next several years. Everyone is fearful of what new and yet to be seen federal government regulations will mean to business’s ability to survive and to local government budgets.

The good news is we are able to limit our client’s pain, costs, liability, and future risk by functioning as their "human resources shock absorber". A bad hire can cost your company thousands of dollars. Wal-Staf offers relief by providing our clients with the people they need when they need them and we take them back when they don’t. Our clients are able to stop worrying about advertising for job openings, interviewing, background checks, I-9s, E-Verify, references, skill assessments, drug tests, their (SUTA) rate or how to keep their labor cost under control. We do it all so they don’t have to.

As a result, our clients can focus on growth rather than just survival having a much more flexible rather than fixed labor cost structure, quick access to talented, experienced employees when needed, and are poised to take advantage of opportunities that present themselves.

See how Wal-Staf can be of help to you and your organization, give us a call today. “Powered by experience since 1977, simply put, we find people our competitors can’t!”