- Temporary work has increased during the economic recovery, with companies keeping temps longer and using them to fill professional roles. The average number of temporary workers in early 2012 was over 2.5 million, up from a low of 2.1 million in early 2009.
- While temporary positions were once seen as indicators of improved job prospects, companies in this recovery are less likely to hire temps permanently. However, temp work is becoming a more important part of companies' workforce strategies and some workers' careers.
- Temping is one way for people like 23-year-old TaShea Mosley to get a foot in the door during tough economic times, though she feels temporary workers are seen as "disposable."
1. TBey & Associates HR
Consulting & Staffing, Inc.
July 2012 Edition
For Temp Workers, "Temp"
Looking More Permanent
While the job market remains sluggish, For Temp Workers,
temporary work is one area that's done very well "Temp" Looking More
in the economic recovery. Companies are Permanent
keeping their temps longer and are even using
them to fill professional and high-ranking Mobile, AL - Staffing
positions. Project
The average daily number of temporary workers Employee Recognition
employed during the first quarter of 2012 was
more than 2.5 million. That's up from a low 2.1 Alabama Career Center:
million in early 2009, according to the Thank You
American Staffing Association.
TBey Recommended
Temporary work was once considered a leading Reading
indicator for the job market - a harbinger of
improved prospects for people seeking TBey Business Tip
permanent positions. But in this recovery,
staffing agencies say fewer employers are taking TBey Food For Thought
temps onboard as permanent workers.
Recent News
More Opportunities, At Higher Ranks
"It is clear that companies are using temp and Job Openings
contract workers - and unfortunately not
making those permanent hires - at this point," TBey Calendar
says Joanie Ruge, senior vice president and
chief employment officer for the temp agency Testimonials
Randstand Holding.
Contact Us
"Because there's still some uncertainty
and [companies are] wondering if the
economic conditions are sustainable, this offers
them some good flexibility," Ruge says.
Historically, temp positions have also been
associated with clerical and manufacturing jobs.
But that's also shifting in the current economy.
One of the biggest growth areas in temping, Mobile, AL Staffing Project
Ruge says, is high-skilled work: engineering,
July 11-19, 2012 two of our very
information technology, pharmaceuticals, own Andrea Vallery & Shenita
accounting and finance. Cleveland traveled to Mobile, AL
to staff for 60 Barcoding
And employers are even hiring temps for jobs in
Warehouse Clerks. This project
higher ranks. Ruge says professional positions
was a success. Thanks for your
make up about half of Randstad's business.
hard work ladies!!!!
Ed Schultz has been acting comptroller or chief
financial officer for various companies on a
2. temporary basis for more than a decade - by
choice.
Schultz says companies thinned out their chief
officer ranks - or their "C-suites" - During the
recession. Now that the economy is recovering,
there's more demand for mergers and
acquisition work, he says, but not quite enough
to justify a full-time hire.
A 'Sea Change'
And, Schultz says, it may be that many
businesses will never fully hire back their Garland Workforce: Job
executive bench. Fair
July 24, 2012 TBey hosted
"My feeling is that's it's a permanent change," another successful Job Fair with
Schultz says. "It's a sea change that we're seeing the Garland Workforce Center.
more activity in that interim C-suite area." QualinDemery, Recruiter met
with 31 candidates for a variety of
Normally, the pattern with temp work is that it positions. Keep up the good work
is cynical: It goes up when the economy is good, Qualin!
and down when it's bad.
But during leaner times, companies experiment
with their workforce and sometimes make
permanent changes, according to Nik Theodore,
director of the Center for Urban Economic
Development and a professor at the University
of Illinois, Chicago.
"There's something more happening here,"
Theodore says. "I think temping is becoming a
more important feature of employers' workforce
strategies, and a bigger part of the careers of
workers."
Companies use temps because they can pay
fewer benefits, take on fewer legal
responsibilities and fire them easily, Theodore
says. Election Night clerks
(Back Ups)
But those perks for the employer usually come
at a cost to a worker. Payroll Administrator
"Those temp jobs are often disconnected from Cafeteria Workers
the career pathways and job ladders that exist
within a company," making it harder for IT Senior Auditor
workers to move up, Theodore says.
Electricians
'You're Disposable'
Still, for people like TaShea Mosley, 23, working Barcode Clerks
as a temp is one of the few ways to get her foot (Location: Dublin, CA)
in the door in a down economy. She wasn't able
to find a full-time job, so she started temping as If interested, send your resume to:
an administrative assistant through Manpower resume @tbeyaassoc.com
earlier this year.
"The only thing that differentiates me from
anyone is that my badge is different," Mosley
says. "They treat me as though I am a full-time
employee, actually. I just don't have all the TBey Calendar
benefits of being one."
Mosley says she loves her current posting and August 6-17, 2012
hopes to be hired on permanently. The company Staffing for Barcode
has a hiring freeze, but she's hoping her job Clerks in Dublin, CA
performance will earn her the security of a
permanent position.
"When you're a temp, it's more like you're
September 27, 2012
disposable," the Atlanta resident says. "One day Defining Successful Leadership For
you can have a job, and the next day you can't. Women
So it's always kind of like a little bit of Russian
roulette; you never know if it's going to be you **MC for this event is our very own,
time to go or not." Tawanna A. Lofton, CEO**
Article from npr.org
Mobile, AL Staffing Project
Thank you. We couldn't have done this project
without the dedication of your wonderful staff and
the resources you hired for this project.
3. The workers were great. They were punctual,
hardworking, and mindful of quality control. They
also made a great impression on the customer.
The project went very smooth. Andrea and Shenita
did an amazing job sourcing and managing the
workers for this project.
For more information regarding:
Purchasing Tickets
Exhibitor Booth
Placing an Ad in Program Booklet
Registering for Breakout
Workshops, or just to
Find out more about 200
Business Women in Black
Kind Regards Visitwww.gswbcc.org/bwib
Antje Miller, Senior Account Manager
TBey is a first class operation I am honored to
contract any opportunity to your organization.
Your team reaches beyond the call of duty when
needed therefore I must give praise where
deserved.
Venita Benitez
Diversity Program Director
Prism Electric
Just wanted to say thank you for thinking of me
and thank you for the graduation gifts.
God bless and keep you all. Please say a prayer
for me as I go forward with my career on the
army.
Angelica Gordon
Mobile, AL Barcode Warehouse
Clerks
We recognize and appreciate your dedicated efforts in assisting
with the Barcoding Project.
Thank you for your hard work!
4. To the Faculty and Staff at the Alabama Career
Center for your assistance in making our staffing
endeavor a great success. Your "Sweet Home
Alabama" Hospitality is greatly appreciated.
---Tawanna Lofton, Cecil Lofton, Andrea Vallery,
and Shenita Cleveland
TBey Recommended Reading:
Anyone who has a position of leadership in your organization should read "Meaningful
Workplaces. From the CEO from the front line manager, this book will change The way people
think about work. It is truly a must read for people creating the workplace of the future
--Paul Butler
This is a practical guidebook to the issue of staffing (also called workforce
planning). It shows how to identify staffing needs and opportunities by using
very precise qualitative and quantitative measures.
TBey Business Tip
Every company that is striving to grow and provide quality service to their clients' must have a financial
partner to assist in meeting their goals.
Tawanna A. Lofton, CEO
Invoice factoring has become a popular way for small-business to meet their financing
needs. As small businesses feel the credit crunch, they are opting for alternative ways to
fund their growth and sometimes, simply to pay their bills. Since the recession, banks are
less apt to loan out money especially to those that aren't a great credit risk. This often means
that even companies with good and decent credit will find it hard to raise the capital they
need through debt. Invoice factoring, also known as invoice financing, is quickly becoming
the go-to method in some industries. This is especially true for small businesses.
Small businesses were amongst the hardest hit in recession, not only did sales drop but they had (and continue
to have) the worse chance of being eligible for a bank loan. It was difficult prior to the recession and now it is
almost impossible to get a loan. Invoice factoring allows small businesses to receive cash based on work they
had already completed and not rely on banks.
"The last couple of years have provided a difficult environment for small to medium size companies looking for financing', notes
Michael Rossi, President of Paragon Financial Group. "Banks have tightened up credit and are turning away those entrepreneurs
with the ability to grow. Our invoice factoring and purchase order financing programs can provide young companies with the cash
they need to grow their business. Factoring is something that can be set up in a matter of days and we come through even when the
banks say no".
A company that bills their customers will complete jobs and then get paid afterwards. It may take up to 90 days
to see any money from a job that has been finished and paid for. This means that these companies have come up
with operating capital to pay workers and also for any materials that were necessary to do the work, form their
own resources. For a small-business this can be very draining. In fact, it can even be difficult for larger
businesses.
However, typically big companies often have so many clients that they may have more cash on hand. Also, even
if they find that they need money, they can apply for loan and have a better chance of securing one because they
likely have more assets and have been in business longer. A small-business does not have any of these
advantages, at least not in many cases.
Invoice factoring allows small businesses to sell their invoices to a factoring company. This is a way for them to
make money from jobs already completed much sooner than they would otherwise. In fact, the factoring process
from beginning to end can happen as fast as three days but may take a little longer if this a company is involved
in the process for the first time. This is because they will have to set up an account and hand over either their
customer's credit applications or information. This is because if a company's customers have bad credit, it may
be difficult to attract a factor. While it is not necessary for the company itself to have good credit, the people that
owe them money must have.
The factor will pay for the invoices at a discounted rate, somewhere between 80%-95%. They will then collect
these monies, return them to the original owner of the invoices and then subtract their fee. The process can be
very easy and can be straightforward.
5. For over 18 years, Paragon Financial Group has provided working capital solutions for growing companies
throughout the U.S. They serve small to large-size companies across a wide variety of industries through
accounts receivable, invoice factoring, and purchase order financing up to $3 million per month in volume.
Paragon is a leading source for receivables financing, government contract financing, payroll funding and
purchase order financing. For more information visit www.paragonfinancial.net.
Provided by Paragon Financial
Action is the foundational key to all success.
--
--Pablo Picasso
TBey & Associates HR Consulting & Staffing, Inc.
www.tbeyassociates.com.com
Email: info@tbeyaassoc.com
203 South Hampton Road
DeSoto, TX 75115
Phone : (972) 223-8239
Fax: (972) 223-8247
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