The staffing industry has come a long way since its inception in the 1940s, when it consisted of little more than supplying temps for a day.  Its evolution into a full-service industry has led to accelerating growth. An increasing number of companies are realizing the benefits of utilizing staffing firms as part of their recruiting strategy. By taking a consultative approach to workforce solutions to help customers develop their optimal workforce, Spherion is leading the way in this continually growing industry.

With more than 700 offices and annual revenues of $2 billion, Spherion has a strong brand name and presence that transcends the local marketplace. Named one of Entrepreneur magazine’s Franchise 500 for six years in a row, Spherion has more than 8,000 clients, including 85% of the Fortune 100 companies. Spherion franchisees are part of a company that is established, strong and equipped with all the resources needed to be successful.

Investment Required

The fee for a Spherion franchise is $25,000. Spherion offers financing for current Spherion associates and potential franchisees with at least 5 years of experience in the staffing industry in a sales or recruiting role.

Spherion provides the following range of investments required to open your initial franchise. The range assumes that all items are paid for in cash. To the extent that you choose to finance any of these expense items, your front-end investment could be substantially reduced.

On-going Expenses

Spherion franchisees pay a monthly commission split equal to 25% of temporary gross profits (the rate declines as sales grow), a monthly commission split equal to 12% of full-time placement sales, a national advertising fee equal to 0.25% of sales and a required local marketing expenditure equal to 1% of temporary and full-time sales. Additional fees include a monthly computer system support fee and a fee for payroll and billing services performed by the franchisor

What You Get—Training and Support

All new franchisees must successfully complete Spherion’s comprehensive training program, which consists of on-site, online and classroom-based training. Training topics covered include operations, risk management, sales and marketing. In addition, Spherion provides its franchisees with ongoing training and support through a dedicated Spherion representative, who gives franchisees in-office sales and marketing training.

Each franchisee is assigned an operations director familiar with all the facets of the business. The operations director will continue to help franchisees throughout their tenure with Spherion. Additionally, Spherion offers a variety of resources through its superior intranet and periodic national and regional meetings covering the subjects of sales, advertising, operating procedures, insurance and legal developments.

Territory

Spherion grants protected territories.