Recently Parallel Employment Group downsized their operations in Illinois. This decision was made due to the rising cost of workers’ compensation and unemployment with industrial positions in this state. These operations contributed a small portion of payroll while accounting for almost 90% of workers compensation losses.  For the last four years, our Company has experienced this type of disparity. We believe that even with new legislation it will not have the desired effect of offsetting the cost of this type of business in Illinois. Parallel will continue to focus on Professional and Educational recruiting in Illinois as our Worker’s Compensation losses in those fields have remained low.  Our employees have been placed with another agency and we worked with each client to provide a smooth transition. Parallel has always been and will remain a growth-oriented company; ultimately, we believe this decision will help us continue to grow in markets where we remain very profitable.

If you would like to learn more about Parallel Employment Group, please view the website, Facebook page, or Twitter feed.

Tweet