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Tag: Business Operations

Illinois’ New Pay Transparency Requirements: What Staffing Agency Owners Need to Know

09 / 2024 | Laws and Regulations

 

As of January 1, 2025, Illinois employers, including staffing agencies, are set to face a significant shift in employment practices with the introduction of new pay transparency requirements under the amended Illinois Equal Pay Act (IEPA). This legislative change mandates that job postings must include the wage or salary range and a general description of […]

 

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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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