COMPARATIVELY , OUR RESOURCE PARTNERS also had a positive second quarter . Compared to the same period in 2023 , 58 percent of resource partners reported an increase in second quarter revenue .
CHANGE IN RESOURCE PARTNER REVENUE
H 2023-Q2 TO 2024-Q2
Up by more than 50 % Up by 35-50 % Up by 20-34 % Up by 10-19 % Up by 1-9 % No Change
Down by 1-9 % Down by 10-19 % Down by 20-34 % Down by 35-50 %
Down by more than 50 %
0 % 3 % 3 %
0 % 0 % 0 % 0 %
17 %
21 % 24 %
31 %
A TOTAL OF 52 PERCENT of respondents reported there was no change to their workforce , and 36 percent added new positions . n
CHANGE IN RESOURCE PARTNER STAFFING
H 2024-Q2 Added new position
Filled vacant positions only Implemented or continued a hiring freeze
Laid off employees No change
Other
4 % 8 % 0 %
0 %
36 %
52 %
IN ADDITION , one in 10 resource partner respondents ( 11 percent ) reported their profits were up by 20 percent or more .
CHANGE IN RESOURCE PARTNER PROFIT
H 2024-Q2
Up by more than 50 % Up by 35-50 % Up by 20-34 % Up by 10-19 % Up by 1-9 % No Change
Down by 1-9 % Down by 10-19 % Down by 20-34 % Down by 35-50 %
Down by more than 50 %
0 % 0 %
0 % 4 % 4 %
0 %
11 %
14 %
18 % 18 %
32 %
The results indicate revenue and spa visits in the spa industry continue to increase , opening the door for new hiring opportunities .
ISPA thanks Agilysys for sponsoring the July 2024 Snapshot Survey .
The results analysis of this survey includes answers from all 277 ISPA members who completed the July Snapshot Survey from July 19 to 29 .
OCTOBER / NOVEMBER 2024 n PULSE 25