Growth The U.S. staffing industry saw cautious optimism in 2024, with a modest projected growth rate of 3%, reaching an estimated market value of $207.2 billion. Economic stabilization following a period of inflation and rising interest rates contributed to this...
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11 Employer of Record (EOR) myths recruitment firms need to debunk
Employer of Record (EOR) services can be incredibly valuable for recruitment firms, especially when managing international placements or complex employment scenarios. However, several myths persist about EORs, and understanding these misconceptions is crucial for...
5 Reasons U.S. recruitment firms should partner with an Employer of Record (EOR) to access talent across states
For US-based recruitment firms, expansion often involves multi-state hiring that allows them to tap into new talent pools. However, tapping into those pools comes with regulatory, administrative, and logistical challenges. By partnering with an Employer of Record...
Entering the U.S. Market: How an EOR can reduce risk and facilitate rapid entry for recruitment firms
Many recruitment businesses turn to an Employer of Record (EOR) for support when expanding into new markets. The U.S. is particularly attractive, thanks to a thriving economy and the potential for higher placement fees. From an economic perspective, the US continues...
Q3 2024 state-level unemployment insights for recruitment firms
The third quarter of 2024 witnessed varied labor market conditions across the United States. Despite a slight rise in national unemployment rates, certain states continued to show strong employment growth while others faced challenges. July 2024: Jobless rates rose...
The Post-Election Employment Effect: How Hiring Trends Shift After Election Day
Presidential elections always impact hiring trends, especially in the months leading up to them. This is primarily due to uncertainty around factors such as economic policy, taxation, regulation, and overall business sentiment. As a result, hiring generally slows...
Ask the Expert: What phases do recruitment agencies go through to become operational in the US?
In this blog, I’ll talk you through the stages of achieving successful in the US recruitment market. With over a decade of experience in staffing, split between the UK and the US, I’ve witnessed firsthand the untapped potential that awaits UK firms willing to take the...
Terms of Business in the UK vs the US: Seven things recruitment firms need to know
The ‘Terms of Business’ in both the UK and the US serve as legally binding agreements outlining the terms under which businesses operate, but there are notable differences due to variations in legal systems, contract law, consumer protection, and regulatory...
Pay Frequency 101: Everything you need to know
One often-overlooked factor that can impact your operations is pay frequency—how often employees receive their paychecks. Pay frequency not only affects employee satisfaction but also has critical legal implications for employers, as laws regulating pay schedules vary...
How U.S. Presidential Elections Shape Hiring Trends
Presidential elections in the U.S. have always had an impact on hiring trends, particularly because businesses and investors react to the uncertainty and potential policy shifts that come with changes in government leadership. The effects of elections on hiring are...