A High Demand for Interim Staff
A recent article in Crain’s New York covered the increasing demand for temporary workers amid reports from the American Staffing Association (ASA). The American Staffing Association reported revenue of $22.8 billion in the temporary-help industry for the first quarter of this year, up from $19.1 billion in the same period last year and $17.6 billion in first-quarter 2009.
Companies are finding it more beneficial to hire temporary or project-based staff as it’s less risky in an uncertain economic environment. When hiring interim staff, a company must be aware of what benefits are to be offered to an interim staff member as a result of the Affordable Care Act. Under the act, companies with 50 or more W-2 workers — whose hours are managed by employers and whose pay is reported on a W-2 form — must offer health coverage starting in 2014. According to Michelle Boggs, president and CEO of McKinley Marketing Partners, “more and more companies are preparing.”
As a job seeker or employer, what are your views on the advantages of temporary or project-based work?