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Staffing Industry Analysts Announces Fastest-Growing U.S. Staffing and Talent Engagement Firms


News provided by

Staffing Industry Analysts

Jul 17, 2014, 08:00 ET

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MOUNTAIN VIEW, Calif., July 17, 2014 /PRNewswire/ -- The 2014 list of fastest-growing U.S. staffing and talent engagement firms was released today by Staffing Industry Analysts, the global advisor on contingent work. InGenesis, ranked second in 2013, topped the list in 2014 with a 132.7% compound annual growth rate. InGenesis and EDH Corporation were the only companies to make the top 10 in both 2013 and 2014.

All 97 staffing firms on the list posted compound annual revenue growth of 15 percent or more, compared to 92 firms last year. The top 10 fastest-growing firms had a median compound annual growth rate of 56.8 percent from 2009 through 2013. Forty firms reported information technology staffing as one of their top segments while 30 reported industrial staffing as one of their top segments.

The top 10 fastest-growing U.S. staffing and talent engagement firms are:

Company

2013 U.S. Staffing & TE Revenue ($millions)

Compound Annual Growth Rate

InGenesis

111.7

132.7%

EHD Corporation

24.0

83.2%

ALKU

38.2

77.4%

Flexicrew Staffing Inc.

20.3

58.5%

Beacon Hill Staffing Group LLC

221.9

57.6%

Proven

18.1

56.1%

Magellan Search & Staffing

8.1

54.1%

Associate Staffing

11.3

52.4%

The Select Group

64.1

50.8%

A-Line Staffing Solutions LLC

18.8

50.0%

"This is the largest number of companies to qualify for the list since we began producing it in 2005," said Craig Johnson, managing editor for Staffing Industry Analysts. "The 2014 list exemplifies the changing nature of the staffing industry landscape."

To qualify for the list, staffing firms had to post at least $1 million in revenue in 2009 and have compound annual revenue growth of at least 15 percent between 2009 and 2013. Revenue included U.S. staffing and talent engagement revenue. Staffing Industry Analysts defines staffing revenue as revenue from providing temporary workers to business clients, as well as from the "place & search" services of direct hire/permanent placement and retained search. Talent engagement revenue is defined as Professional Employer Organization (PEO) net revenue, Recruitment Process Outsourcing (RPO) revenue, payrolling net revenue, online staffing revenue and Managed Service Provider (MSP) fee revenue.

About Staffing Industry Analysts
Staffing Industry Analysts is the global advisor on contingent work. Known for its independent and objective insights, the company's proprietary research, award-winning content, data, support tools, publications and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers related staffing sectors. The company provides accreditation with its Certified Contingent Workforce Professional (CCWP) program. Founded in 1989, acquired by Crain Communications Inc. in 2008, the company is headquartered in Mountain View, California, with offices in London, England. For more information: www.staffingindustry.com.

SOURCE Staffing Industry Analysts

21%

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