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All Press Releases for January 19, 2003 Subscribe to this News Feed    
 

2002 Staffing Industry Poll By Subcontract.com -Results Published

Over 1,000 authenticated staffing firms participated in an industry poll sponsored by the Subcontract.com Staffing Exchange & VMS

Subcontract.com has published results from the 2002 Staffing Industry Poll. Over one thousand staffing vendors participated in the poll after undergoing Subcontract.coms online vendor authentication process. Authentication includes corporate identity and website validation to ensure a higher quality of data than open industry polls.

Some surprising results include:

-51% of participants indicated that they expect the staffing market to rebound in the first half of 2003. 6.5% believe the market has already started to rebound and 12.2% do not expect a rebound in 2003 at all.

-57% of participants use Monster.com, 35.9% use Hotjobs.com and 24.2% user CareerBuilder.com

-The best quarter for participants in 2002 was the second quarter and the worst was the fourth quarter.

-Participants stated that on average, 41% of their placements were subcontract placements, in which they either supplied to or sourced from another staffing vendor on a contract position.


The complete report is available online at:
http://www.subcontract.com/pollindex.cfm

About Subcontract.com
Subcontract.com (www.subcontract.com) is the leading business to business staffing exchange, which provides a B2B counterpart to popular jobsites and resume banks such as Monster.com and Hotjobs.com Registered and authenticated companies enjoy a secure and intuitive marketplace to conduct subcontract, split, offshore and government subcontract placements. A private label version of the company's solution is available for internal candidate pooling, staffing vendor management and vendor on premise solutions, each of which is designed to add additional functionality to Applicant Tracking Systems and Professional Services Automation software systems, many of which come pre-integrated with Subcontract.com The company recently reported that in excess of 24,000 candidates had been contracted through its services since 2001 representing over $600 Million in business to business transactions.

*All tradenames and trademarks are the property of their respective owners. Stated poll results are the opinions of the participating firms and are in no way the statements or opinions of Subcontract.com or any of its employees.


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CONTACT INFORMATION
Mary Poradyla
Subcontract.com
(888) 754-1847
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