How Jurassic Park Inspired LaborMax to Evolve and Turn around Flat Profit

When Shane Glavin joined Kearney-based LaborMax Staffing as CFO and chief innovation officer in 2018, he faced a challenge: Despite double-digit revenue growth, net operating income remained flat.

One of the biggest factors was a "significant increase in our people costs," which make up 75 percent of expenses, thanks to a tight labor market and the fact that the company went from issuing about 25,000 W-2s in 2014 to nearly 45,000 in 2018, he said."

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