Search vs. Temp Staffing: Which Model Wins on Profit?Both models can be highly profitable for a staffing agency—but the drivers are different. Direct hire produces large, one-time fees and lumpy cash flow. Contract staffing compounds margin hours into recurring revenue and enterprise value. Use this guide to compare unit economics, cash conversion, risk, and scale.Quick […]
What Is Workers’ Compensation Insurance? (Definition, Codes, Rates & Eligibility) Workers’ Compensation Insurance provides medical and wage benefits to employees who are injured or become ill due to work. With limited exceptions, U.S. states require businesses with W-2 employees to maintain active coverage. Failing to carry workers’ comp can lead to out-of-pocket medical claims, fines, […]
Temp-to-Perm Conversion Fees with an EOR: How to Price (and Win) More Deals Just as no two clients are alike, there’s no single way to price a temp-to-perm conversion fee. The goal is to align incentives, protect margin, and keep compliance tight with an Employer of Record (EOR) handling payroll, taxes, benefits, and filings. 1) […]
Contractor Insurance for Staffing Agencies: COIs, Required Policies & EOR Coverage Properly insuring your contractors is not only the law—it’s a badge of credibility with clients. By definition, Employers of Record (EORs) must carry appropriate insurances and licenses. Clients will often request a Certificate of Insurance (COI) before placements. You can obtain a COI directly […]
Why Staffing Firms Add Payrolling: Faster Starts, Lower Risk, Stickier ClientsOffering payrolling turns a staffing agency from “talent finder” into a full solution. You place the worker, then a purpose-built Employer of Record (EOR) becomes the legal employer to run payroll, taxes, benefits, and day-to-day compliance. The result is faster starts, predictable margin, and long-term […]
Many staffing agencies that need administrative support may give consideration to a PEO — a professional employer organization. To help with this decision, we’ve compiled a list of key areas where a partner like BOSS and a PEO have important difference. PEO BOSS funds all payroll expenses. BOSS invoices payments on your behalf. Clients remit […]
“Try Before You Buy” Hiring: A Contract-to-Hire Strategy to Prevent Mis-Hires Many clients have urgent hiring needs—right now. But moving too fast can lead to mis-hires, which are costly and time-consuming to unwind. The solution? Pitch a Try Before You Buy approach (contract-to-hire) that lets clients evaluate candidates on the job before committing to full-time. […]
Employer of Record (EOR) for Staffing Agencies: What It Is & How It Works An Employer of Record (EOR) is the legal employer for your placed temporary workers and contractors—while youdirect their day-to-day work. Staffing agencies partner with EORs like BOSS to stay focused on revenue and recruiting, while the EOR handles payroll, taxes, […]
