Los Angeles Times (06/06/12) Marc Lifsher
A new report by the National Employment Law Project says wages and benefits for U.S. warehouse workers are on the decline as a result of aggressive cost cutting by Wal-Mart Stores Inc., which has outsourced its supply chain and relies on third-party companies for warehouse operations and transport, which depend on low-wage temporary workers. The report indicates that Wal-Mart’s competitors are now demanding similarly low prices from logistics companies, reducing the quality of warehouse jobs nationwide. According to the report, “Outsourcing and other contingent work models like ‘permatemping’ have become increasingly standard in the industry.”
Exclusive Guide From Gibraltar—Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.