Recession –Accessing the Temporary Workforce

For Hire

With gasoline at an all-time high, warehousing stockpiling and inflation rising, hiring new employees may be needed yet could be risky long term. Let’s talk about accessing the temporary workforce.

Contract workers come in all forms and segments/niches of the markets; various levels of experience will dictate the range of pricing. Finding the correct person for the job means someone who will thrive in your company culture.

As ultraHealth Agency is a staffing and recruiting company, I am asked all the time about temporary workers: their cost, commitment, and quality. Although every business need is unique there are some basics to consider in assigning a contract:

Cost: about 1.5 their hourly salary. If that person is making $100 an hour as a temporary employee, you will be paying the agency $167 per hour on the contract. There may be overtime, shift differentials, as well as other costs. Weighing these costs against hiring a full-time employee is suggested. The true benefit of cost is most agencies are taking care of their insurance and benefits. If the work starts to slow down, you will let people go, often with compensation. There is also an emotional business cost to laying people off.

Term: The average contract is 13 weeks. Contracts for less than a month can be tough. Although contractors may not be looking for long-term stability, securing contracts in general can be a tedious task. Six months is normally the maximum timeframe for a temporary contract. The idea is to have the temporary person come in and accomplish the job. You will get a chance to see how they fit within the organization. If it is mutually beneficial to extend the terms, then it’s a good match. On the other hand, If things slow down and you don’t need the worker any longer, there is nothing wrong with letting the contract expire. The cost benefit analysis can be done before the contractor comes into work.

Quality: The way to get the most qualified talent is to think about the exact person needed for the job. It also pays to determine what the contractor needs to accomplish. It would help if the client gives the personality traits they desire such as an upbeat person or a quiet worker with a serious demeanor – whatever is the best culture fit. The key to finding quality is knowing what will make this particular person successful.

After the pandemic, companies went on a hiring spree as. They faced low unemployment and fewer candidates. It is always good to have options, and none of us can predict the future.

Start Hiring for Diversity

Photo by Andrew Harnik

Recruiting for the Best Candidates

There have been a lot of praises and eyebrow raises for President Biden stating that he wants to nominate a black woman for the Supreme Court corporate America should be mimicking his diversity.

When you examine President Biden’s selection of positions, he has done a terrific job at diversifying the staff in his administration. Organizations should look to copy the same attributes when finding a range of people to work within their companies.

At times, we hire people we are comfortable with. It’s not malicious, it can be and America’s inhuman history of colonization, slavery , segregation and racism, we cannot ignore the past. In order to shape the future with the best people, executive leadership must move outside the comfort zone, and that is not always easy. We tend to pick people who are like us, come from the same background, or share some of the same qualities. It does make it easier, but you don’t always get the best people.

A diversity hire is not just defined by race; diversity hiring goes beyond race it is religion, age, sex identification, geography, schooling, and physical abilities all make people unique, and these qualities allow for a more diversified employee workforce and a richer company culture.

Now is the time to change our hiring practices and start to look at individuals who can make our business better. With hybrid and remote work environments, we can relieve social pressures and focus on the work and how well the person performs in their role.

The more we allow ourselves to get away from the norm and our comfort zones, the truly better we become equipped at hiring the best person for the job.

By,

Dane Flanigan CEO

ultraHealth Agency

Contractors & Passive Income

Photo Credit to Lizi Azizli unsplash

Contractors of every magnitude work hard, but it is especially the case in healthcare. The demands are higher and it is assumed that you know what you are doing. The workloads are greater but that’s okay because you are compensated.  It is not to say that all contracting is the Gig economy, but if we look at the basics of the position, it is temporary, sometimes has benefits, and the pay flows with market demand. However, there comes a time when you need to look at the numbers and gain some passive income.

Passive income, as defined by Wikipedia, is income that requires minimal labor to earn and maintain. It is progressive passive income when the earner expends little effort to grow it. Let’s just call it “other ways your money is making you money”. It is not guaranteed income, so you need to take precautions to avoid taking a loss or wasting time.

We all watch the stock market. It can yield good passive income. If you like looking at numbers and researching corporations, you can do it on your phone. Different platforms and apps do a good job of getting you onboard and showing you how to invest.

Real estate is also a solid source of passive income. The barrier to entry can be expensive with a lot of red tape, but it is a tangible product. There are options to own and flip properties that you can manage for the long and short-term. It is not always easy as the market will see downturns; plus, real estate comes with the burden of high customer service. But the long term rewards are fruitful.

Starting or investing in a business is a learning process, but it has multiple benefits. Of note, 70 % of all small business do not make it, according to Fundera  It is a statistic you cannot avoid and one that has to be taken into account whenever you look at opening a business as an investment.  

As we look to generate smart money, we must look at alternate streams of income. If you decide to get involved in any level of passive income – whether from the financial markets, real estate, or corporations – seek out an expert. Get a good attorney, look to your CPA and financial advisor for good advice and take the time to learn about the opportunities at hand. 

By Dane Flanigan

ultraHealth Agency is Helping in Texas

ultraHealth Agency is a medical staffing company based in California that is fighting the COVID pandemic in hospitals in Texas. The Texas rate is climbing primarily because of the Delta variant. Tasked with finding compassionate, credentialed health care providers, ultraHealth Agency looks to recruit some of the best the country has to offer both locally and those looking to travel.

The Texas Department of State Health is reporting 13,457 new confirmed cases (7-day avg) with 100 fatalities reported (7-day avg) and 12,402 current hospitalizations. With ICU rooms quickly becoming full, the healthcare community is starting to suffer from overwork. This is very reminiscent of the pandemic peak in 2020 when the colder climate dictated that more people would flow indoors and the “flu” season would be upon us.

Recent Texas Healthcare News

ultraHealth Agency is looking to place resident nurses and respiratory therapists for contract work. The skillset needed for these positions is at least two years of experience in a hospital in an intensive care unit and three years in the healthcare field.

In a statement by the CEO of ultraHealth Agency, Dane Flanigan, said, “There is a sense of urgency not only in Texas but also around the globe. We are here to help and become a part of the solution.” ultraHealth Agency is recruiting for several positions that can be found on their corporate website.

Staffing post Covid-19

Staffing post Covid-19 will be a shift in Healthcare like no other. 

The need for job fulfillment of positions such  physical therapists, occupational therapists, and even speech therapists have been put on the back burner the last few months, and the demand had shifted toward the need for respiratory therapists among ICU physicians and nurses, RNS, and so on. 

The pandemic has caused the cancellation of voluntary and non-emergency procedures, and  In California, thousands of nurses, doctors and other medical staff have been laid off or furloughed or have taken a pay cut since mid-March. 

According to Federal Labor Statistics:

“Employment declined by 2.5 million in education and health services in April. In health care, employment declined by 1.4 million, led by losses in offices of dentists (-503,000), offices of physicians (-243,000), and offices of other health care practitioners (-205,000).”

As the pandemic continues to flatten, and the shelter in place is lifted,  we’re going to see surges in COVID cases which will result in sudden urgent needs for healthcare personnel.  This is where healthcare staffing companies come in. A sense of trust and dependability has been created due to staffing agencies abilities to deliver help during this critical time.  That won’t change post Covid-19. We are still here to help. 

At ultraHealth Agency, we want to be a part of rebuilding our healthcare system by getting people back to work. We are here to provide quality healthcare professionals as well mental health and wellness resources for all. We want  to hear from you, let us know how we can help. 

ultraHealth Agency, Medical Staffing Beyond Expectations