Affordable Care Act expected to boost temporary staffing

Posted by Bond Team | September 17, 2013 |

While many businesses and Americans across the nation are looking at the Affordable Healthcare Act warily in terms of how it will impact employment numbers, others see potential opportunities. The full implementation of the ACA is expected to present a challenge for many businesses of every size and in every industry. Starting in 2015 (note: previously 2014. However the Obama administration delayed the mandate for one year), companies with more than 50 employees will be required to offer health insurance to full-time workers, which are those who work more than 30 hours per work, or pay a penalty fee. Some organizations are worried about what this will mean in terms of maintaining staffing levels, yet there are those who are excited by the potential of this new development. With a little over a year to prepare for the federal mandate, implementing an effective recruiting and staffing software is critical for positioning your staffing firm for success.

Time Magazine recently reported that temporary staffing and recruiting professionals are expected to experience a heyday of sorts. Temporary staffing agencies will benefit heavily from the ACA because organizations will turn toward using more part-time or contingent workers to complete tasks than go through the costs and headaches associated with keeping a large full-time salaried staff.

“In general [the ACA] is viewed as something that will lead to increases in the penetration rate of temporary workers,” said Tobey Sommer, an analyst with SunTrust Robinson Humphrey, according to the news source.

To deal with the increase in the number of clients and candidates looking for assignments, staffing and recruiting professionals will need to adapt to the use of more accessible, comprehensive solutions. Staffing software can help a professional remain on top of the developing industry. As clients look for a greater number of part-time staff and more potential candidates are made available for various jobs, recruiting software will become of great importance.

Category: Management


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