Cash Management: Staffing

Staffing: 

1. With the closure of certain local governmental offices, completion of background checks may be impossible.  Are you considering securing waivers from customers that allow the temporary placement of workers without a full background screening?

2. Many staffing companies are over the 500-employee threshold limit to obtain tax credits for the paid sick time under the recently passed, Emergency Paid Sick Leave Act. However, as a business decision to maintain it workforce, are CEOs of staffing companies considering establishing a policy providing additional sick time to employees, especially for verticals like medical staffing, which are expected to be hard hit by COVID-19?

3. Certain staffing verticals will be hit particularly hard in this environment – hospitality, clerical/administration, and certain light industrial industries.  However, other verticals are likely to experience increased demand – health care, and light industrial industries in the logistics and food distribution spaces.  Are you collaborating with peer staffing firms in order to potentially send excess labor to those industries in need of additional contract workforces?

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