1. The personnel services franchises industry is one of the most in-demand franchise industries. Employers will always need workers, and they turn to personnel and staffing franchises to help them find the right full-time, part-time, and temporary employees to do the best job.
2. Personnel services franchises focus on areas within flexible staffing, temporary or contract staffing, career placement, and professional search. These types of franchises list employment vacancies, refer job applicants, and assist companies with employee recruitment and placement, with some franchises also providing payroll and training assistance for the new employees.
3. The American Staffing Association estimates that there are about 20,000 staffing and recruiting companies in the United States operating around 39,000 offices. These businesses providing more than 15 million employment opportunities per year.
4. The global staffing industry is estimated to be a $464 billion industry. In 2016, the staffing and recruiting industry sales in the United States amounted to $150 billion.
5. The personnel services industry is vast. All individuals looking for a job, those that are currently employed but are looking for a better job, and companies looking for new employees utilize the services of personnel franchises.
6. Growth factors for the personnel services franchise industry include government policy and worker habits. Policies like the Affordable Care Act are resulting in small and medium sized businesses partnering with employment franchises to best comply with the law. Workers have recently been moving away from long-term employment at one company and are now using staffing agencies to move jobs every few years or maintain contract positions.