A couple of days ago I got an e-mail from the American Staffing Association urging me to contact my Representative and Senators and “Tell them to vote ‘no’ when the bill comes up for a final vote.”

Now, let me be clear, I do not think this blog is an appropriate place to discuss the merits of health care reform.  One, it is too much of a hot button issue for discussion here and two, I am not educated enough on the matter to post a blog that would comprehensively cover the topic.  I do understand the fear that must be present in this industry surrounding health care legislation.  Regardless of how you come out on this issue I am sure that you would agree that for a temporary staffing firm the thought of adding an additional annual cost of $2000 per employee (that you do not know if you can recover) would be a daunting position.

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It is an interesting time here at Wall Street Services – most of our current clients are bulge bracket investment banks who worry about getting the best quality and employ significant technology to manage and get the most out of their vendors.  Exhaustive Supply Chain Management Systems blast temporary staffing requisitions out to their vendors and automatically resend to 2nd tier vendors after 48 hours if the first fails to yield a satisfactory response.  Intricate quarterly performance reports are delivered to vendors in somber meetings where resume submission ratios are detailed.

Yet despite these expensive tools, our clients struggle to get the best people.  With all the technology, they seem to forget the one thing that yields the most results: relationships.

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