Temp agencies prospering from Obamacare fallout

Stephen Moore:
Here's something you don't often see in Washington: a businessman trying to repeal a law that helps his company. That's Bob Funk's latest mission in life. He's the president and founder of Express Employment Services, the fifth-largest employment agency in America, with annual sales of $2.5 billion and more than 600 franchises across the country. This year he will place nearly half a million workers in jobs.

"ObamaCare has been an absolute boon for my business," he says as we sit in his new office headquarters near downtown Oklahoma City. "I'm making a lot of money thanks to that law. We're up 8% this year. But it's just terrible for the country. I see that firsthand every day."

Why is the health-care law good for Express but bad for the country? "Firms are just very reluctant to hire full-time workers," Mr. Funk says. "So they are taking on more temporary help, which is what we do." ObamaCare imposes new mandates and penalties on companies with more than 50 full-time employees—and even those working 30 hours a week are considered full-time.

He quickly adds: "The problem isn't just ObamaCare, though. It's the entire regulatory assault on employers coming out of Washington—everything from the EEOC"—the Equal Employment Opportunity Commission hits companies hard when employees claim age, race or sex discrimination—"to the Dodd-Frank monstrosity. Employers are living in a state of fear."
...

To land and keep a job isn't hard, he says, but you have to meet three conditions: "First you need integrity; second, a strong work ethic; and, third, you have to be able to pass a drug test." If an applicant can meet those minimal qualifications, he says, "I guarantee I can find employers tomorrow who will hire you."

He thinks the notion of the "dead-end job" is poisonous because it shuts down all sense of possibility and ambition. One of his lifelong themes, Mr. Funk says, is that "a job—any job—is by far the best social program in America and the ladder to success."
...
There is more.

Temp agencies were a good source of new employees when I was in management.  You could sort of test drive them to find out if they were competent and eager to work.  But Obamacare may wind up making that transition more difficult.  Still, he is right about the opportunities if you are willing to seize them.

Comments

  1. thanks for sharing this news. really good news..

    Temp agency in oklahoma city

    ReplyDelete
  2. I never thought Obamacare would effect temp agencies in Ft. Worth, TX. This was really interesting!

    ReplyDelete
  3. Who would have guessed that temp agencies would benefit from obamacare. Great to see it helping at least a little. Also nice to see the president of a temp agency coming out against something the personally benefits him. Temp agencies have helped many people transition from temporary to permanent placement. http://www.rpc.us.com/employers-served-by-recruiting-firm-dallas-fort-worth/

    ReplyDelete

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