San Diego, California — October 8, 2019 — Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has announced that Staff Smart, Inc. made the 2019 List of Fastest-Growing US Staffing Firms. This year 94 companies qualified for inclusion on the annual list. The list ranks firms by compound annual growth rate (CAGR) for revenue from 2014 through 2018, excluding acquisitions. Sponsoring the list this year is Advance Partners.
“We are excited to be among the fantastic companies on the SIA list and to make it three years in a row is a huge accomplishment for us” said Staff Smart President and CEO Christine Hoffman-Hicks. “Bravo to the entire Staff Smart team for their dedication and commitment to our serving our clients and candidates. This growth is a great indicator of what lies ahead in our future.” Hoffman-Hicks has a twenty-year track record as a global top biller, business executive, and leader in the staffing industry.
To qualify for the list companies needed to have had at least $1 million in revenue in 2014 and at least 15% CAGR between 2014 and 2018. The median CAGR for the top 10 companies this year was 73.4%. For the full list, it was 27.4%.
The ten fastest-growing US staffing firms are:
|Company||2018 US Staffing Revenue ($millions)||CAGR 2014-2018|
|Peak Workforce Solutions LLC||33.9||111.9%|
|I.T. Works Recruitment Inc.||14.2||84.4%|
|First Step Staffing Inc.||43.0||77.8%|
|Phaidon International (US) Inc.||69.0||69.0%|
|22nd Century Technologies Inc.||183.4||66.4%|
|NAOS On-Site Staffing||74.3||63.3%|
Looking at the list, healthcare staffing was the most common segment with 34 firms. It was followed by IT with 28 firms. Of the top 10 staffing firms, three provide industrial staffing and three provide healthcare staffing. Two others provide IT staffing, one provides engineering staffing and one more firm provides direct hire. And for the first time, there is a nonprofit staffing firm in this year’s top 10.
“I think we do a very good job of communicating the vision; communicating to them how they can play a part, ” says Alyssa Daugherty, head of Charlotte and the South-east for Phaidon International Inc., one of the top 10 fastest-growing firms. “We believe in our clients, we believe in the candidates that we work with and how we believe in the people we employ and bring into the business.”
The October 2019 issue of Staffing Industry Review magazine features interviews with executives and business leaders from the 10 fastest-growing staffing firms on growth and strategies for success. These profiles, along with the full list of the 94 fastest-growing companies for 2019, are available on https://fastestgrowing.staffingindustry.com/ now.
The full 2019 List of Fastest-Growing Staffing Firms US report is available for SIA’s Corporate and CWS Council Members.
About Staff Smart, Inc.
Staff Smart, Inc. is a national IT recruiting and staffing agency founded in 2007 by industry veteran Christine Hoffman-Hicks. The common goal of opportunity and innovation has earned Staff Smart a reputation of a trusted partner for IT professionals and businesses. Staff Smart, Inc. offers an on-demand suite of talent solutions that range from project consulting, direct hire to executive search. The mission, “where IT professionals hire IT professionals” is practiced everyday with putting integrity, candidates and clients first. With 50 years of accumulated experience in IT hiring, the San Diego, CA headquartered company has nationally deployed workforce strategies across diverse industries including Fortune 500, startups and government agencies. Staff Smart, Inc. is a proud member of TechServe Alliance, American Staffing Association and WBENC, as a nationally certified woman-owned business.
About Staffing Industry Analysts (SIA)
SIA is the Global Advisor on Staffing and Workforce Solutions
Elevating the Workforce Solutions Ecosystem
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Our proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.
Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England.