How Has COVID-19 Impacted Staffing Agencies?

Staffing Agencies

The world has been completely transformed by the spread of the novel coronavirus. While COVID-19 may have caused some major disruptions to the world of business, most organizations have found new and innovative ways to keep operations going despite the setbacks. If you run a staffing agency, you may have had to make some clever decisions in order to keep finding relevant positions for your workers to fill. You must also go above and beyond to determine what insurance plan is the right fit for your current needs.

Know the New Standards

Reports by have stated that insurance standards have changed dramatically in the last year. With medical concerns on the rise and businesses switching to digital mediums over office arrangements, there are a number of new rules dictating how companies must insure employees. If you’re not fully aware of the changes that have been made in your field, review any local or federal guidelines that will help you stay aware of what you need to cover with your insurance. Other points to consider along the way include:

  • Workers’ compensation standards
  • Coverage for remote workers
  • Continuity plan if a worker is diagnosed with COVID-19

Face the Future

Though the world has changed in a number of ways, insurance remains an area as important as ever before for businesses. Look over the new standards and get a feel for how to best protect your business and employees heading into the future.