The technology landscape for the staffing, recruiting, and workforce solutions industry continues to expand at a rapid rate. Consider this: The global talent acquisition and staffing technology market currently has a value of $87 billion; it’s projected to reach $154 billion by the end of 2027. Those numbers alone illustrate how vast the potential options, strategies, and adaptations might be for staffing companies of any size or sector.
Technology-related solutions can have a direct impact on a staffing company’s performance by reducing operating expenses and improving margins. Some of these solutions can provide a more cost-effective or risk-mitigated way to expand operations beyond their current confines. However, it is important to note that utilizing new technology solutions to drive down cost structures does not mean sacrificing client service or candidate satisfaction. In fact, many of the technologies discussed here can help reduce costs while simultaneously improving the experience and results for clients and candidates.
This white paper identifies actionable technology opportunities for staffing and recruiting companies. These solutions are ready to deploy and could potentially improve staffing company operations.