Specialist
Former executive at EmployBridge Holding Co
Agenda
- Labour constraints for industrial firms
- EmployBridge's core strengths and weaknesses
- Competitive landscape
- Staffing industry outlook
Questions
1.
What are your thoughts on the staffing industry? Where is the market from a historic standpoint and what are the challenges and opportunities in the market today?
2.
What are your expectations for the minimum wage? How does that impact the staffing firms? How does it translate into better margins?
3.
There is a consensus that there is a significant labour shortage, especially in industrial markets, due to coronavirus. Have there been any similar labour market situations in the past that you would compare this to? What do you think is the key driver? Some speculate that it is increased unemployment benefits.
4.
EmployBridge has focused on industrial and transportation markets. Is there anything else that you think differentiates it or demonstrates unique competencies?
5.
How do you approach the vetting process for the best, most profitable contracts? Can you elaborate on the contract structure and how EmployBridge picks and chooses which contracts are most attractive?
6.
Can you talk about risk management trends in staffing generally and for EmployBridge specifically? Is there anything around workers’ compensation that we should be talking about?
7.
You mentioned that you don’t want to compete against internal recruiters and internal HR departments to fill roles. Has this sector moved more towards outsourcing that entire function and staffing firms owning the front-end recruiting process, or are there any trends of the recruiting function being taken in-house, especially in industrial and transportation?
8.
What are your thoughts on EmployBridge’s new PE ownership? You mentioned that as a private company, there is an established culture the company has been able to maintain. Are there any changes you would expect?
9.
How do you expect the labour market to play out over the next 1-3 years? Do you expect a strong or challenging environment for staffing firms?
