The staffing industry is facing unprecedented challenges amid the COVID-19 pandemic. Like most businesses across the globe, many agencies are scaling back operations and wondering what they can do to weather out the crisis and come out poised for success on the other side. Innovation and effective communication are critical traits for success in such a turbulent economy. These three tactics can help your agency achieve them: 1. Find a Niche Differentiating your agency can help you become an … [Read more...]
Professionalism and Remote Communication
In one of our recent blogs, we spoke about how to use remote communication more efficiently in your workday. In this article, we’ll expand on that topic and talk about how to maintain professionalism when our only modes of contact are through tech. Honor Office Hours and Respect Boundaries Widespread remote working has blurred the boundaries between work and home. Many of us have limited private office space and are unable to manage traditional office hours. It’s important to respect these new … [Read more...]
How to Differentiate Your Staffing Agency
Tactics like cashflow preservation and efficient remote communication can help businesses weather the storm of the current crisis. But in addition to survival, companies are also focused on approaches that will build them a foundation for future success in a changed world. Investing now in your company’s brand and identity will not only help your business succeed during times of strife, but also allow it to thrive in a good economy. For staffing agencies, investment in brand and identity often … [Read more...]
Managing Client Relationships During COVID-19
Maintaining good client relationships is critical no matter what state our economy is in, but times of crisis offer opportunities to place special focus on building client loyalty. Many companies are scaling back business operations, resulting in more time to spend on improving client relationships, which can provide companies a higher chance of recovery when the economy picks up again. Here are some approaches for utilizing the current slowdown to focus on how your business interacts and … [Read more...]
Five Strategies to Preserve and Improve Cashflow
Lone Oak Payroll’s Vice President Kevin Standa offers advice and insight on approaches staffing agencies can take to maintain and improve cashflow during the pandemic. In times of economic crisis, preserving good cashflow can make the difference between a company weathering the storm and going out of business. Below are five strategies that staffing agencies can implement to improve cashflow in our current economy and poise themselves for recovery. 1. Funding/Factoring Leverage your … [Read more...]
Crisis Management
Managing a crisis is rarely a smooth process, even when businesses have concrete plans in place for extraordinary circumstances. It’s difficult to make business decisions when the future is uncertain, especially during our current pandemic. Information changes on a daily—sometimes hourly—basis, the resulting economic fallout is unprecedented, and the lack of available data makes it nearly impossible to predict any sort of outcome. But despite the unpredictability the pandemic brings to the … [Read more...]
New Report: COVID-19 Reveals the Importance of Texting During Global Crises
Written by Natalie Schwab with Zipwhip The coronavirus pandemic has limited face-to-face communication in a way most of us have never experienced in our lifetimes, with more local governments announcing shelter-in-place orders weekly. But social distancing hasn’t quashed our ability to connect with one another. Consumers are quickly adapting; whether it’s Zoom happy hours with friends or text threads with healthcare providers, we’re finding new and innovative uses for technology to keep us … [Read more...]
5 Secrets for Thriving as a Remote Team
PeopleG2, a partner of TempWorks Software, has developed several recommendations and advice on how to keep your remote team thriving in their work-from-home setups. Work Separately, Grow Together Written by Chris Dyer with PeopleG2 Tel: 800-630-2880 | sales@peopleg2.com Working remotely has never been more important or relevant. Back in 2009, PeopleG2 decided to move 100% of its employees to work from home, under the leadership of its CEO, Chris Dyer. Originally, this move was purely a … [Read more...]
Understanding Tax Incentives in the Coronavirus Stimulus Packages
Corporate Tax Incentives (CTI), a partner of TempWorks Software, has developed an article to help staffing agencies navigate the COVID-19 crisis. Below is their guidance, as of 4/9/20, to help you capture tax incentives available from the new coronavirus stimulus packages. Tax Incentives Play a Key Role in Assisting Businesses in the Coronavirus Stimulus Packages Written by Darren Labrie with CTI LLC 10860 Gold Center Drive, Suite 225, Rancho Cordove, CA 95670 | Tel: 720-990-0123 | … [Read more...]
