The 50-Mile Rule: Staffing’s Best-Kept Tax Advantage
Think the IRS 50 Mile Rule guarantees tax-free stipends? Think again! Learn what really qualifies you for travel expense deductions.
July 2025 Jobs Report
Job growth slowed in July 2025 with just 73,000 jobs added—are we seeing a true labor market cooldown? Next JOLTS report drops September 3!
Why Salespeople Make Great Entrepreneurs — Especially in Staffing
Brian Leptich, CEO of Quality Labor Services said it best: “All businesses should be run by salespeople”. This statement really hit home, and I started thinking about common traits that successful business owners and salespeople share. And wow, there are some powerful ones! Every salesperson today can be the CEO of tomorrow. If you’re a […]
June 2025 Jobs Report
June 2025 Employment Situation: A Mixed but Stable Picture The June jobs report delivered a modest surprise: Nonfarm payrolls rose by 147,000, outpacing the consensus forecast of 110,000. That said, the headline number remains close to the 12 month average of 146,000, well below last year’s monthly pace of 250,000. The unemployment rate ticked down […]
Why Relationships Are the Key to Staffing Success
In staffing and business as a whole, relationships are everything. The power of relationships in staffing goes far beyond closing a deal. Yes, price plays a role, but it’s trust that drives lasting partnerships. Customers stay with companies that make them feel heard, respected, and understood. Gallup and Harvard Business Review both highlight that emotional […]
Investing for Growth: What Staffing Companies Should Prioritize
In the staffing industry, the smartest investments are those that directly drive business growth. Successful staffing company growth strategies focus on prioritizing areas like sales, recruiting, technology, branding, and marketing. While operational functions like payroll and accounts receivable are necessary, they shouldn’t dominate your budget. Instead, companies should fund the areas that deliver measurable impact […]
How the Earned Income Tax Credit Helps Staffing and Employees
At Madison Resources, we are committed to supporting both our clients and the talent that drives their success. One powerful but often underutilized financial tool that benefits employees and in turn staffing companies is the Earned Income Tax Credit for staffing companies. This federal credit can make a measurable impact on worker well being and […]
May 2025 Jobs Report
Wage Growth Average Hourly earning rose by 0.4% in May, better than expected. Elevated U-6 Unemployment Rate The U-6 rate, encompassing underemployment and discouraged workers, remained elevated at 7.8%, approximately 0.9 percentage points higher than the same period last year. Sector Employment Gains and Losses Healthcare (+62,000), Leisure & Hospitality (+48,000) led the way in […]
Why Payroll Funding is a Game Changer for IT Staffing Companies in Today’s Rapidly Evolving Tech Market
The technology landscape continues to shift at a remarkable pace. As organizations push forward with cloud migration, AI integration, automation, and digital transformation, the demand for skilled IT professionals remains at an all time high. For IT staffing companies, managing growth and cash flow is critical, and that’s where payroll funding for IT staffing companies […]
Choosing Between Payroll Funding and Bank Loans for Staffing Agencies: What’s Right for You?
When staffing firms encounter cash flow obstacles, the instinct is often to turn to bank loans. While traditional lending is familiar, it doesn’t always fit the fast moving nature of the staffing world. A more agile solution is Payroll Funding for staffing companies, a flexible and faster alternative that helps businesses maintain momentum without unnecessary […]
