Pinstripe Announces Record Investments and Client Growth
Everest Group Recognizes Pinstripe Infrastructure Investments, Market Success and Delivery Capabilities; Names Pinstripe "Star Performer"
Apr 19, 2012, 12:00 ET
BROOKFIELD, Wis., April 19, 2012 /PRNewswire/ -- Pinstripe, Inc., the nation's leading pure-play recruitment process outsourcing (RPO) provider, today announced continued record client growth for the first quarter of 2012. Further validating Pinstripe's industry leadership, Everest Group has declared Pinstripe a 2012 RPO Star Performer in the Everest Group PEAK Matrix, published in the April 2012 Recruitment Process Outsourcing – Service Provider Landscape and Capability Assessment report.
Pinstripe CEO Sue Marks attributes the organization's continued success to calculated, strategic investments in talent, technology, and infrastructure. "Just as we do with our clients, we've hard-wired scalability into our strategic plans. Our experience, coupled with our constant eye on the future, helps us to determine when to invest and in whom to invest to support our greater than market growth."
Pinstripe has focused heavily on further specialization in core industry segments - Technology, Advanced Manufacturing, Financial Services and Healthcare. By hiring opportunistically in tight alignment with this operational strategy, Pinstripe has secured top talent with deep industry expertise to fuel and sustain segment growth. In the first three months of 2012, Pinstripe has signed new contracts with five organizations and executed multi-year contract extensions with an additional five, adding recognizable brands in each focus segment.
"Pinstripe's recognition as a market Star Performer illustrates how their investments in critical hires, technology, infrastructure, service scope and footprint have paid off," explained Rajesh Ranjan, vice president, and leader of Everest Group's Business Process Outsourcing research program. "Looking to the future, Pinstripe appears to have positioned themselves well with the people and the infrastructure to support still greater growth," he concluded.
Pinstripe was also recognized specifically in the Everest Group report for "strongest market success within [the] Major Contenders category" and ongoing "investments in proprietary recruitment technology."
"We continue to expand the capabilities of our exclusive technology platform, enabling our nearly 400 recruiters to focus on sourcing and hiring great talent for our clients. That's the Pinstripe secret sauce - enabling great people to do great work for great client partners," Marks shared.
Learn more about Pinstripe's solutions and engage with its talent acquisition and recruitment resources at www.pinstripetalent.com.
Everest Group Methodology
Based on its evaluation framework PEAK Matrix, Everest Group selects Star Performers based on year-on-year improvement in market success and delivery capability. Only those organizations that are top quartile performers on each parameter are identified as "Star Performers." To assess market success advancements, Everest Group evaluates the increase in the number of RPO clients, growth in recent successes, and the increase in the number of hires being managed. Delivery capability is determined by reviewing annual growth in scale, increased scope of services, expansion of delivery footprint, and investments in technology enhancements, among other factors.
About Pinstripe, Inc.
Pinstripe, Inc. is the nation's leading pure-play recruitment process outsourcing (RPO) provider. Pinstripe delivers customized solutions that help clients align talent strategies to business objectives by integrating unmatched expertise, refined processes, and proprietary, as well as best-in-class, technologies. Consistent with Pinstripe's brand promise "We Become You," dedicated recruitment teams act as an extension of the human resources function, providing a tailored candidate experience reflective of the client's brand, values and culture. Pinstripe primarily services clients in the advanced manufacturing, financial service, healthcare and technology industries at a single location or throughout the globe. For more information, please visit www.pinstripetalent.com or engage with us on LinkedIn, Facebook, Twitter, YouTube or our blogs.
SOURCE Pinstripe, Inc.
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