What is Penetration Rate?

Used in relation to temporary staffing, the term ‘Penetration Rate’ is the proportion of people working on a temporary basis through staffing firms compared to total people in employment. In most developed staffing markets, the penetration rate is normally between 1.5% and 3%. The Penetration Rate is often used as an indication of the relative maturity of a national staffing market.

Staffing Company Success Strategies: Leverage your Expertise and Stay in Your Lane

Staffing Company Success Strategies: Leverage your Expertise and Stay in Your Lane

There are many strategies for growing your staffing company – everything from diversifying and entering new markets to franchising and acquisitions. If your company is…
How Staffing Agencies Hire Top Talent

How Staffing Agencies Hire Top Talent

Companies hire staffing agencies for a multitude of reasons, but it boils down to two main objectives; to hire qualified candidates for specific job positions,…
Recruitment and Retention Strategies for Staffing Companies

Recruitment and Retention Strategies for Staffing Companies

The labor landscape has changed dramatically following three years of the pandemic. During the Great Resignation of 2021, 4.5 million Americans voluntarily quit their jobs…

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