Four Tips to Prepare for Year-End at Your Staffing Agency

With the new year quickly approaching, it’s time to revisit some best practices that will maximize your staffing agency’s efficiency and minimize errors in the year-end process. Ariel Peterson, our tax manager, offers some advice for your agency to consider as your team prepares for year-end filings and W-2s. 1. Start planning for year-end early. Beginning your year-end processes and W-2 filings as early as possible will ensure you have plenty of time to fix any errors in your back office … [Read more...]

Lone Oak Payroll will be attending the American Staffing Association’s Staffing World 2019 in Las Vegas from October 15-17! There are always new trends, new tools and new people at Staffing World, and we hope to see you there! If you’re looking for changes in back office services or funding solutions this year, swing by Booth #223 to learn more about Lone Oak Payroll services. Also, don't forget to join us for our sister company’s Staffing World party on Wednesday, October 16th, at the … [Read more...]

A positive onboarding experience creates a lasting impression on applicants. The tight labor market has continued in the United States with 16 months in a row of unemployment under 4%. Given this recruiting challenge, delivering a positive hiring experience is one piece of the hiring puzzle over which your staffing agency has control. Here are four simple tips to improve the onboarding process for your applicants. 1. Make onboarding paperless. Killing trees won’t help you round up more … [Read more...]

In Part 1 of this 2-part series, we covered staffing software, account receivables, tax codes and new hire reporting as signs to reassess your current back office operations. There are many more pieces to evaluate for back office operations to ensure that it is supporting your staffing agency’s growth. Your company’s stability and continued operations depend on making sure your back office processes can sustain your front office objectives. Here are a few more signs to assess whether it’s time … [Read more...]

When staffing agencies experience fast growth, it can be difficult to step back and evaluate operational efficiencies. Especially when it comes to back office functions, understanding what is working, what needs to be improved and what needs to be changed completely is imperative for future growth and success. Your back office processes are the backbone of your company’s stability and continued operations, even if it is not the most glamorous of tasks. Without a healthy way to maintain your back … [Read more...]

In the part one of this blog, we covered the top 11 life hacks to make your payroll process more efficient. Our team of payroll processing experts at Lone Oak Payroll compiled a few more tips to help your staffing agency implement a smooth-running operation for payroll processing and reduce stress for your team. Here are eight more tips to help make your payroll process more efficient. Eight More Payroll Processing Life Hacks 1. Wild Card Searches. When you need to search for a customer or … [Read more...]

A smooth-running operation for payroll processing reduces a significant amount of stress at a staffing agency. The Lone Oak Payroll team of payroll processing experts compiled a list of top time-saving life hacks for payroll processing in TempWorks Software staffing software. Check out their tips on how to complete it each week on time and as efficiently as possible. 11 Tips from Payroll Processing Experts 1. Keyboard Shortcuts. Know your keyboard shortcuts! This is a great tool that’s … [Read more...]

Recruiting competition is fierce in today’s tight labor market. In this environment, recruiters in the staffing industry begin to place more emphasis on the value of soft skills instead of just the hard technical skills of potential candidates. Soft skills include communication, team work, problem-solving abilities and more. Hard skills on the other hand are more technical and industry specific. For example, a forklift operator license and other technical certifications that are necessary for … [Read more...]

Bad debt can be an ominous sign for an otherwise promisingly successful staffing agency. Not only can bad debt be an omen for impending trouble, it’s also incredibly easy for staffing agencies to fall into its trap. A lack of research on new clients, ineffective internal collections procedures, and too much dependence on one customer are just a few ways bad debt can easily suffocate a staffing business. Fortunately, there are a few simple safeguards that businesses can implement to guard against … [Read more...]

Lone Oak Payroll vice president of credit, Kevin Standa, provides insight into common financing solutions that staffing agencies can explore to improve cash flow. Staffing agencies have many options to choose from when it comes to financing solutions and vendors. After more than nine years in the factoring industry, I have helped hundreds of clients across many industries figure out the financing solution that best fits their business model and operational processes. For the staffing … [Read more...]