by David Schek | Jun 2, 2014 | Consulting Services, Staffing Company, Workers Comp, Workers' Compensation Insurance
I send out a lot of emails about workers compensation programs for staffing companies and often forget to ask the simple question:
“How else can I help your staffing company?”
Having owned a 60 office staffing company for over 15 years, I know every day in staffing can be a new challenge, with new tests for you as an owner. From cash flow concerns, to continual margin pressure, I appreciate that owning a staffing company can be somewhat of a lonely business and as an owner you can feel somewhat isolated.
That being said, given my extensive staffing experience of over a quarter century, I may be able to suggest some new ideas and strategies that will improve your business model.
Please feel free to contact me to chat about your challenges. You can reach me at david@StaffingCompSolutions.com or 202-302-1212.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
ASA Exhibitor for Annual 2014 Conference
California Staffing Association Member
StaffingCompSolutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
by David Schek | Mar 17, 2014 | Consulting Services, Staffing Company, Workers Comp, Workers' Compensation Insurance
After 16 years as a staffing owner, I found that many clients believed that if a temporary employee got hurt at their site, they had no legal responsibility to the employee. Not only is that incorrect under State law, but as the passage below indicates, the Federal government/OSHA believes that the “Host” employer incurs partial responsibility for the safety of its’ temporary employees.
“Host employers need to treat temporary workers as they treat existing employees. Temporary staffing agencies and host employers share control over the employee, and are therefore jointly responsible for temp employee’s safety and health. It is essential that both employers comply with all relevant OSHA requirements.”
David Michaels, PhD, MPH, Assistant Secretary of Labor for Occupational Safety and Health
While this may be a sensitive subject to address with each client, if your clients have this understanding up front, hopefully you will experience fewer workers compensation accidents
At Work Comp Staffing Solutions we are experiencing a record number of staffing companies contacting us about workers compensation quotes. Many are simply finding that State Fund rates are literally putting them out of business.
They want to work with a seasoned and knowledgeable team of staffing work comp-professionals.
Please contact us at davidstaffing@gmail.com and visit us at www.StaffingCompSolutions.com. We look forward to discussing your workers compensation challenges, and finding a solution that LOWERS YOUR RATES.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
StaffingCompSolutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
by David Schek | Feb 5, 2014 | Consulting Services, Staffing Company, Workers Comp, Workers' Compensation Insurance
Work Comp Staffing Solutions is excited to announce a partnership with
Staffing E- Trainer
Beginning February 1, Work Comp Staffing Solutions is offering all its workers compensation solution clients FREE staffing / safety courses offered through Staffing E Trainer.
Here is their web site link http://www.staffingetrainer.com/
Staffing E Trainer has been working with staffing companies for many years, assisting them with a variety of E training courses. Both Staffing E Training and Work Comp Staffing Solutions feel that it is critical to keep temporary employees and your staff’s up to date with the latest staffing procedures and information in order to operate a “best in class” staffing agency. These E courses could help you keep claims low, and maintain the lowest possible workers compensation rates.
Please feel free to contact me about getting a workers compensation quote, and to discuss how you can take advantage of this special offer.
You can reach me at davidstaffing@gmail.com and visit our web site at www.StaffingCompSolutions.com
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
StaffingCompSolutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
by David Schek | Jan 22, 2014 | Affordable Care Act, Consulting Services, News, Professional Employer Organization (PEO), Staffing Company
Many staffing companies that are in the assigned risk or state workers compensation pools are finding that their 2014 premiums are making business much less profitable. They are searching for solutions and new business models so they can still eek out a profit this year, or even stay in business. Especially, since the governmental regulations for the new health care law (ACA) may significantly add to staffing companies administration costs.
I speak to dozens of frustrated staffing company owners each month about these issues. An increasing popular solution to decrease workers compensation costs and address the ACA liabilities, is using a Professional Employer Organization (PEO.)
Please feel free to contact me at davidstaffing@gmail.com or www.StaffingCompSolutions.com to obtain a quote to determine if partnering with a Professional Employer Organization can save you money in your workers compensation and administrative areas.
I used a PEO in my staffing company for many years and it saved thousands of dollars each year.
I look forward to saving you money in 2014.
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
Work Comp Staffing Solutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
by David Schek | Aug 12, 2013 | Consulting Services, News, Staffing Company, Tips, Workers Comp, Workers' Compensation Insurance
Social Media can be a key tool to communicate the high priority that your staffing company places on operating a safe staffing firm. In variably, as your employees and clients receive your information about work place safety issues, you will experience fewer workers compensation claims which will translate into lower workers compensation rates.
All of Work Comp Staffing Solutions consulting clients promote their safety practices and safety philosophy through weekly or monthly blogs via social media outlets like Linked In and E mail blog lists. As their employees and clients read this material, they understand that safety is an important value to their company.
Here are some immediate benefits of integrating safety issues into your social media marketing program.:
1. Clients and prospective clients will know that you are a professional staffing firm that is serious about safety issues.
2. Applicants and employees who have a history of filing fraudulent comp claims will see that your staffing company is involved in all aspects of safety and claims management- putting your firm at less risk of being a target for workers compensation insurance fraud.
3. Social media can help inform applicants, employees and clients of new or updated safety procedures.
4. These safety messages can be E-communicated along with other marketing and sales information about your firm creating a brand that reflects very positive staffing values.
Work Comp Staffing Solutions is ready to help develop your safety social media campaign. Please give me contact us at davidstaffing@gmail or visit us at www.StaffingCompSolutions.com for a FREE workers compensation quote.
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
Visit Work Comp Staffing Solutions at Booth 104 at the A. S. A. Orlando Conference
StaffingCompSolutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
by David Schek | Aug 7, 2013 | Consulting Services, Professional Employer Organization (PEO), Staffing Company, Workers Comp, Workers' Compensation Insurance
I receive many comments from staffing owners asking how to maintain their businesses gross profit when they receive significant workers compensation rate increases. Of course they can shop for a new policy with a Professional Employer Organization (PEO,) but for some, getting lower rates through a new policy just is not possible; especially if their experience mods are too high.
Here are my suggestions for maintaining your gross profit that worked well with my national staffing company, as well as with my current staffing consulting clients.
1. Explain and provide back up support to your clients about the hardened workers compensation market using some of the articles from Work Comp Staffing Solutionss previous blogs. https://StaffingCompSolutions.com/blog/
2. Negotiate increases with clients so they go into affect over a few months. For example on a code 9410, where your comp rate was 5 %, and is now 8 %, ask the client to accept a 3 point increase over 3-4 months instead of at one time.
3. Try not to make sudden rate increases with a client. Study which codes are most affecting your Gross Profit and negotiate with your client for those rates only. They will appreciate that you are willing not to raise rates across the board.
4. Communicate rate increases in person to your larger clients (or all your clients.) Buy your client lunch or coffee when chatting about this sensitive issue. Sending out template notices of rate increases can seem cold and usually alienates the client. Poor for relationship building!
5. As a last resort, be more creative with your temporaries pay in order to maintain margins, yet still get the same productivity. For example have a “starter” rate for new temporaries that may be .50 less than the “experience ” rate. This may help soften the impact to your total Gross Profit– depending on your turnover.
Remember to always be prospecting for new clients who may be more open to your new higher rates- especially if you can deliver superior service and value. Many of my staffing consulting clients use social media tools for this.
As we all know, the staffing industry is just getting its sea legs back after the rough economic storm called the Great Recession.
I have many more suggestions that I regularly share with my consulting clients to help their gross profits.
Please feel free to contact me at davidstaffing@gmail.com or visit our web site consulting page at https://StaffingCompSolutions.com/Work Comp Staffing Solutions-staffing-consulting-services/
All the best
David Schek
President
StaffingCompSolutions.com
American Staffing Association Member
California Staffing Association Member
Exclusive PEO Broker for the United States Staffing Association
Visit Work Comp Staffing Solutions at Booth 104 at the A. S. A. Orlando Conference
StaffingCompSolutions.com—- Workers Compensation Specialists and Staffing Business Consultants For Over 20 Years.
