There are more than 25000 staffing companies in United States of America with generating over 550 Billion annually toward US economy. US recruitment staffing business model exist since early 1940 and helping United States companies to find right talent. This business model has proved its ability to consistently generate revenue and support companies with quality talent. End clients offer on an average $6K to $15K as staffing / recruitment fees to recruitment companies. Yogesh Sharma the founder director of Freeeducation staffing come up with innovative idea to contribute the recruitment profit toward education loan of candidate they place at client site.
Freeeducation staffing utilize existing staffing business model of recruitment industry and contribute profit toward education loan of candidates it place at various client sites. Free education staffing has variety of clients in different industrial domain such as Information technology, Life Sciences, Hospitals, Administrative and retail industries. There are basically two of employment offered by variety of clients such as contractors or full time employees. For all full time employees end clients pay a one time bonus to freeeducation staffing for its recruitment / staffing services. In case of contractor employees end client pays hourly billing rate to freeeudcation staffing which is shared contractor it place at client site.
See below how the fund flow from clients to freeeducation staffing in case of contract placement or full time placements.
In summary free education staffing creatively use its revenue toward education loan of its employees and become the worlds only recruitment non profit organization. This is new , creative, innovative yet effective way of using existing business model and help reducing United States education loan debt.