Traditionally, Statement-of-Work (SOW) projects have been dominated by large consulting, engineering, outsourcing, and IT firms. However, in recent years, staffing agencies have begun to recognize the potential of SOWs as a higher-value, consultative solution that offers more than traditional staff augmentation. This growing trend is driven by contingent workforce (CW) programs, which are increasingly managing SOW engagements to enhance project outcomes and resource management. The Evolution of CW Management and SOWs As contingent workforce management matures, these programs are taking ownership of SOW engagements. According to research from Staffing Industry Analysts (SIA), 63% of large staffing client firms’ CW programs currently…
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The Rise of SOW’s in Staffing Firms
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Has Your Recruitment Agency Applied for the New License?
Ontario has amended the Employment Standards Act to require licensing for temporary help agencies and recruiters. This change ensures fair treatment, legal compliance, and better protection for temporary workers, effective from July 1, 2024.
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Canadian Employment June 2024 Snapshot
In June, employment in Canada remained virtually unchanged, with a slight decline of 1,400 jobs. This follows a similar trend in May, where employment saw a modest increase of 27,000 jobs. Consequently, the employment rate decreased by 0.2 percentage points to 61.1%, marking the eighth decline in the past nine months. Since the peak in January and February 2023, the employment rate has dropped by 1.3 percentage points.
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The Benefits of Contract Staffing: Why IT Teams Should Consider It
In today's dynamic business landscape, IT teams face a multitude of challenges, from rapidly evolving technologies to fluctuating project demands. To navigate these challenges effectively, many organizations are turning to contract staffing as a strategic solution. In this blog, we'll explore the myriad benefits of contract staffing for IT teams and why it's a compelling option to consider.
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The Hybrid Shift - Here for the Long Haul
The COVID-19 pandemic has catalyzed a profound shift in Canada's work dynamics, ushering in the era of hybrid work. Initially driven by health concerns, remote work quickly evolved into a sustainable solution that blends flexibility with the collaborative spirit of office life. As we move beyond crisis mode, the hybrid work model is gaining traction, offering Canadians the best of both worlds—enhanced work-life balance and the benefits of in-person collaboration. This shift reflects a growing preference among employees for adaptable work arrangements that foster productivity and well-being, while also presenting new challenges that organizations must navigate to ensure long-term success."
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Top Skills for Success in the Competitive Finance Job Market
In today's dynamic financial landscape, navigating the competitive finance job market requires more than just technical expertise. Employers seek candidates who possess a blend of essential skills that go beyond the realm of traditional finance knowledge. To thrive and excel in this highly competitive industry, individuals need to hone a diverse skill set that encompasses both technical prowess and interpersonal finesse. In this blog, we delve into the top skills essential for success in the finance job market.
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Upskill and Stand Out
In the current job market, skill upgrading is no longer a suggestion but a vital requirement. The rise of artificial intelligence (AI) and other disruptive technologies has fundamentally changed the professional landscape, emphasizing the need for professionals to constantly enhance their abilities to stay relevant. Recent layoffs in major tech companies, driven by strategic shifts towards AI, serve as a stark reminder of this urgency.
Continuous skill development and embracing new technologies not only help you stay current in the rapidly changing job market but also increase your chances of career advancement. Investing in your professional and personal development is crucial to future-proofing your career in the dynamic and competitive world of work.
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Bill 149: What Ontario Employers and Employees Need to Know
On March 21, 2024, Bill 149, known as the Working for Workers Four Act, 2024, received royal assent, marking significant changes to Ontario’s Employment Standards Act, 2000 (ESA), and other employment-related laws. Employers need to understand these changes to ensure compliance. Key provisions include new rules for digital platform workers, wage deductions, and transparent job postings. Some changes took effect immediately, while others are set for June 21, 2024, or dates decided by the Lieutenant Governor. Stay updated on how Bill 149 impacts your workplace with our comprehensive guide.
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The Q2 Update
Employment saw little change in May, with an increase of 27,000 jobs, translating to a modest 0.1% growth. Despite this, the employment rate fell by 0.1%to 61.3%. This slight change comes after a significant increase of 90,000 jobs in April.
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5 Traits Companies Look for in Accounting and Finance Professionals
Accounting and finance professionals play a crucial role in the success and growth of any business. Their expertise in managing financial records, analyzing data, and providing strategic insights are indispensable assets that companies rely on to make informed decisions. In today's competitive business landscape, the demand for skilled accounting and finance professionals is higher than ever. Companies are seeking individuals who possess not only the technical skills but also the essential traits that set them apart from the crowd. In this blog post, we will explore five key traits that companies look for in accounting and finance professionals.
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Top Reasons Why Staffing Services Are Essential for Your Business Growth
Are you a business owner looking to grow your company? Have you considered the benefits of using staffing services? In today's competitive market, hiring the right people can make or break your business. That's where Bevertec comes in. As an IT staffing and software solutions company in Mississauga, Ontario, we provide top-quality staffing services to help your business reach its full potential. In this blog, we'll explore the top reasons why staffing services are essential for your business growth.
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Why Do You Need To Choose It Staffing Services? And Different Types Of It Staffing Services
In today's fast-paced world, businesses are always looking for ways to stay ahead of the competition. One of the best ways to gain an edge is by hiring the right talent for your IT department. However, finding the right candidate can be a challenging task, and that's where IT staffing services come in. In this blog, we will discuss the importance of choosing IT staffing services and the different types of IT staffing services available.
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Why You Should Choose Bevertec to Recruit the Right IT Staffing for Your Company
As a leading provider of professional staffing and software solutions in Toronto, Bevertec is committed to helping businesses thrive in the fast-paced world of technology. When it comes to recruiting the right IT staffing for your company, making the right choice is crucial. In this blog, we'll delve into the reasons why Bevertec stands out as the ideal partner to meet your IT staffing needs and drive your business toward success.
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The Benefits of Investing in Contract IT Staffing
In the ever-evolving world of technology, businesses in Toronto need to be agile and adaptable to stay ahead of the competition. However, maintaining an in-house IT team to tackle various projects can be both expensive and challenging. That's where contract IT staffing services come in. In this blog, we'll explore the benefits of investing in contract IT staffing to enhance your company's efficiency and drive success.
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How IT Staffing Services Can Help Companies Scale and Grow
Are you a business owner in Greater Toronto and Hamilton Area (GTHA) looking to propel your company to new heights? Scaling and growing a business can be a challenging endeavor, especially when it comes to assembling a skilled IT team. Finding the right IT professionals to meet your company's needs is essential for success in today's technology-driven world. That's where IT staffing services come into play. In this blog, we'll explore how IT staffing services can be a game-changer for your company's growth and efficiency.
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Canadian Employment Trends: The October Edition
In October 2023, Canada saw an increase in employment, with a total of 20,288,000 individuals gaining employment.
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The Q3 Update: Canadian Employment Trends
In September 2023, Canada saw a surge in employment, with a total of 20,270,000 individuals gaining employment. Since the beginning of January 2023, employment has been growing at an average rate of 25,000 per month.
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The August Update
In August 2023, the Canadian workforce witnessed a continued expansion, with the total employment figure reaching 20,113,000. Over the course of the year, employment has shown a steady increase, averaging 25,000 new jobs each month since January 2023.
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The June Update: Latest Market Trends and High-Demand Skills
In May 2023, the number of people employed in Canada remained relatively stable, equaling 20,113,000. This was accompanied by a slight yet noteworthy decrease of 0.1% in the employment rate.
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May Flowers & Career Powers: Canadian Employment Trends
In April 2023, employment in Canada reached 20,130,000. This is accompanied by a slight but notable 0.2% rise in the employment rate, suggesting a steadfast pattern.
Canada's job market has shown an enduring upward trend, displaying consistent and unwavering growth since September 2022. In particular, the employment statistics for April were noteworthy, with a significant addition of 41,000 individuals employed, further solidifying the optimistic trend in the Canadian labour market.