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Illinois HB 3773 and Its Impact on Staffing Agencies

08 / 2024 | Laws and Regulations

 

As of August 27, 2024, Illinois has passed House Bill 3773, marking a significant shift in how staffing agencies operate within the state. This legislation, aimed at curbing AI-based discrimination, has sparked a mix of reactions within the staffing industry. Here’s a comprehensive look of how Illinois HB 3773 impacts staffing agency owners:   Understanding […]

 

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The Best States to Launch Your Staffing Agency in 2024

08 / 2024 | Uncategorized

 

The staffing industry is poised for significant growth in 2024, driven by technological advancements, evolving workforce dynamics, and an increasing acceptance of flexible employment models. If you’re considering where to plant your flag in this lucrative sector, certain states stand out due to their business climate, job growth, and regulatory environment. Here’s where you might […]

 

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Connecticut Expands Paid Sick Leave: New Law Covers More Workers

05 / 2024 | Laws and Regulations

 

Changes to Connecticut Paid Family Leave   Governor Ned Lamont signed legislation expanding Connecticut’s paid sick leave law to cover more workers. The law, which previously applied to employers with 50+ employees in specific sectors, will now include nearly all occupations starting January 1, 2025. The requirements will be phased in over three years: employers […]

 

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Markup vs. Margin: A Guide for Staffing Agencies

04 / 2024 | Uncategorized

 

Welcome to our latest blog post where we’ll be diving into a fundamental aspect of financial management for staffing agencies: understanding the crucial difference between markup and margin. For many in the industry, these terms can often be confusing or used interchangeably, but mastering their distinction is essential for ensuring profitability and sustainable growth. So, […]

 

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