The staffing industry is changing, and as a result, direct placement recruiters are turning to contract staffing companies. Contract staffing could prove beneficial for companies looking for improved cash flow and better relationships with clients. For organizations that are uninitiated with contract staffing, there’s nothing to fret. In contract staffing, there is only one additional step for the recruiter when compared to direct placement. This includes determining who is responsible for the basic tasks and functions such as employee on boarding paperwork, payroll funding and processing, taxes, insurance, collections, and ACA compliance issues. Organizations can either choose to handle these tasks themselves or outsource all of the burden to contract staffing companies.
SpendEdge’s latest procurement intelligence report on the global contract staffing market reveals actionable insights into the factors impacting contract staffing, the growth patterns in this sector, and the key supplier selection criteria:
Top contract staffing companies
The company is based in Zurich, Switzerland. Adecco is a Fortune Global 500 company and is one of the largest contract staffing companies in the world. Adecco, founded in 1957, was formerly known as Adia. In the year 1990, it merged with Ecco, one of the leading contract staffing companies to form Adecco. In 2015, the company acquired Knightsbridge Human Capital solutions, a Canada-based market leader in career transition, leadership, and talent.