Our latest Pulse Survey showed that staffing revenue decreased by a median 6% year-on-year in June, illustrating the recent trend of larger companies reporting more negative growth than smaller companies. Small companies reported a median 1% year-on-year decrease in revenue, medium companies reported a 5% decrease, and large companies reported a 15% decrease. Locum tenens and allied healthcare staffing experienced median revenue growth of 11% and 4% respectively, while IT staffing grew by 1% year-on-year. Conversely, the biggest declines were seen in the travel nurse staffing (-21%), per diem nursing (-14%), and industrial (-5%) skill segments.
On the other hand, average sales difficulty increased from 3.34 to 3.40 in June, while average recruiting difficulty increased from 3.07 to 3.11 – suggesting that recruitment and sales are becoming increasingly harder. Moreover, a net 47% of participants expect an increase in orders over the next six months.
When asked about the services/programs their firm provides, or will provide, to associates on assignment/clients’ employees, 34% of respondents currently provide access to third-party educational content, and another 20% expect to do so within two years.