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Hidden under the shiny surface of many M&A transactions is the hidden exposure of misclassified independent contractors, which if not properly addressed can significantly erode the value of a deal.
Ask yourself, “what makes one recruiter more successful than another?” Maybe you attribute their success to hard work or even luck. Some recruiters believe that if only they can find the “magic dust,” it will solve all of their challenges dealing with clients and candidates, leading to more placements.
A 2020 Gartner survey of finance executives reported that nearly 75% planned to make some of their workforce remote until 2021. Now, with the alarming rise in COVID cases being reported each day, the virtualization of America’s workforce may be extended well into 2021 and beyond, or become a permanent workforce strategy for many companies. The problem is, it’s just not that easy for organizations to accurately and effectively payroll and provide benefits for their employees in a virtual world, across multi-state and international borders. Adding to the challenge, momentous and highly-complex employment legislation has been written and signed into law at lightning-speed this year—many with negative and costly consequences for employers if ignored. And, with the obstacle course of new legislation like California’s Prop 22, COVID-related employment laws and state and industry-specific employment laws, correctly maneuvering through it all presents huge and unfamiliar hurdles to employers across all states. Join TalentWave’s compliance and employment experts as they cover the very topics keeping human resource leaders across the country up at night!
Historically, temporary and contract staffing have comprised 80-90% of the total staffing market, while search and placement have enjoyed a much smaller piece of the pie.* As companies navigate their way through the COVID-19 pandemic, there will be an even greater preference for contract labor, widening the gap between the two business models for recruiters. This session will guide recruiters through the process of launching a contract staffing business and create greater financial security with recurring revenue.
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