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How one bad long-term contract can wipe out years of profits

from The Staffing Stream

Staffing is red-hot right now. An improving economy and tightening candidate market have created a serious sweet spot for staffing agencies that can quickly – and consistently – find great people to meet clients’ changing workforce needs. But our customers are becoming savvier by the minute. They realize that minimum and “livable” wages are increasing by the day. The writing is on the wall: employment costs are skyrocketing. As a result, we’re seeing a huge increase in the number of clients wanting to lock into multi-year staffing contracts. more


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