Building Future Revenue Stream with Today’s Placements
INfe Human Resources is capitalizing on its Staffing Subsidiaries by targeting high revenue niches in the staffing industry.
The staffing industry has doubled in the last five years, from about a $60 billion a year industry to an over $120 billion a year industry, and analysts project it will become a $200 billion industry by 2010.
The growth is predicted to come from two areas: the use of standard temp workers and the use of highly skilled professionals on a contractual basis.
In the next 10 years there will be a shift to the use of a contingent workforce recruited through the staffing industry. This shift has already begun in IT-heavy organizations. Some companies are moving in IT to to a 60-40 mix–60% being full-time employees, 40% being contract consultants and offshoring that come principally through the staffing industry.
INFe is building a strong pool of workers to supply the ever changing workforce landscape. Workers placed today are potentials for recruitment again three and four years down the line. Whether they want a permanent position or are interested in filling the IT consultant demand, INfe is building a labor pool that will refresh its revenue stream potentially again, and again, and again.
Source: INfe Human Resources, Inc. and Business Week Online
For investor relations, contact:
Rich Kaiser – Yes International
Phone: (757) 306-6090
Website: www.ifhrinfo.com
Forward Looking Statement: All statements in this news release that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which Sections were adopted as part of the Private Securities Litigation Reform Act of 1995). While management has based forward-looking statements contained herein on current expectations, information on such expectations may change. Forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, which could cause actual results to materially differ from such statements.
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