Why Focusing on High Revenue Employment Niches Makes Sense
INfe Human Resources, Inc. is rolling up staffing businesses in high-margin market niches.
The $70 billion staffing industry is on a tear replacing highly specialized and experienced baby boomers as they retire. Once again it is an employee’s market. By focusing on high revenue employment niches IFHR gets maximum bang for its back office buck!
- High salaries for placements means high revenues for the employment agency since they take a cut of the annual salary of their placement.
- A tight labor market means companies are turning more to employment agencies for staff!
- Rolling up staffing agencies means consolidating back office functions and reducing overhead.
- Creating a name brand in high revenue niches builds momentum for the firm!
The tight labor market applies more to high revenue niches than virtually any segment of the economy. High salaries for placements translate into high revenue for the search consultant. By focusing on high revenue niches IFHR as a search firm is able to provide a value-added service as one way of increasing loyalty. It is this specialized focus that is gaining momentum for growth.
As the market expands, so do expectations from the client and the candidate. IFHR is able to keep abreast of market trends and sectoral trends, and able to assist clients and candidates with a host of issues like compensation benchmarking, employment practices and even market analysis. IFHR recognized and acted upon the reality that recruitment is now evolving rapidly into a management consultancy function.
The relationship between the client, the candidate and the head-hunter is no longer transactional but has moved into a strategic partnership. There’s a lot of hand-holding involved
The strategic partnership between client and IFHR ensures that the niche search firm is able to form a center of excellence with an in-depth knowledge of the client’s organization and needs.
This expertise creates a win/win situation for IFHR. Their expertise in the focused high revenue niche distinguishes them from other firms!
The recent acquisition announced in April that Gilsor Technology, Inc., a privately held technology staffing company, is a perfect example of a high revenue niche placement service. Technology staffing requires a detailed knowledge of the business and its placement professionals understand the business and speak the language.
Source: INfe Human Resources, Inc.
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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