The Role of Staffing Agencies in Job Search Markets
Staffing agencies match qualified workers with employers. When companies need workers, they provide staffing agencies with job descriptions. Agencies will place job ads, obtain resumes, do skills testing, do interviews and check references in an effort to identify candidates who are a fit for companies’ needs. These candidates are then presented to the companies, and the companies hire the candidates if all goes well.
Agencies usually focus on specific sectors within the job market. For instance, some agencies focus on providing healthcare professionals such as nurses or doctors. Other agencies focus on providing information technology professionals. Some agencies focus on providing executives for companies that need new leadership. There are many other types of agencies as well. In fact, for any type of job that one can imagine, there is a staffing agency that specializes in providing workers to do that job.
In addition, agencies can choose to specialize in either providing permanent workers or providing temporary workers. Some companies do not need permanent workers; rather, they only need workers for a one- to six-month time period. For those companies that do not need permanent workers, there are agencies that specialize in providing temporary workers. For companies that need permanent workers, there are agencies that can provide workers who are available to work on a permanent basis.
These agencies save companies a lot of time. For example, agencies typically already have lists of qualified workers; this means that they are able to find workers much faster than companies can. Also, particularly in cases where temporary workers are hired, the companies do not have to go through a formal hiring process. Also, the companies do not have to have tax forms or go through the formality of withholding taxes from workers’ paychecks.
In addition to being helpful for companies, agencies are also very helpful for workers. For example, if workers are not assisted by a staffing agency, workers must find their own jobs. The process of searching for a job can be difficult and time-consuming if the worker searches for the job without assistance from a staffing agency. By contrast, if a worker is assisted by an agency, the agency provides the job; this removes a huge burden for the worker and frees the worker to concentrate on working and making money.
Overall, agencies provide a necessary service. They make life easier for both employers and employees because they enable employers and employees to find each other more easily. In doing this, agencies contribute to the growth and success of the economy. Also, it just so happens that finding workers for companies can be very lucrative for agencies since they are paid based on a percentage of the salary of each worker that they provide for companies.