Engineering Staffing Report: Dec. 28, 2017

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What’s working in engineering staffing?

In Staffing Industry Analysts’ 2017 Fastest-Growing US Staffing Firms report, only five of the 110 fastest-growing US staffing companies listed in the report noted engineering as a primary segment. Among those five companies, the median organic compound annual growth rate (CAGR, excluding acquisitions) was 28.5% from 2012 to 2016, compared to a 0.6% CAGR for the engineering staffing industry overall during the same time, by our estimates. While the 0.6% overall industry CAGR is weak (and is low compared to other staffing segments), the median CAGR over the same period of the sample of five engineering staffing companies previously noted (28.5%) is particularly impressive.

This begs the question: What are these firms doing differently that has allowed them to outperform the broader market for a sustained time?

In a recently released report, What’s Working in Engineering Staffing?, Staffing Industry Analysts interviewed the executives of three of the firms on the fastest-growing list to understand their strategies; competitive differentiators; and perspectives on the opportunities, trends, and challenges in the engineering staffing market. While all of these firms performed strongly over the period, that performance was achieved through a variety of operating models and areas of focus.  

We acknowledge that the companies in this report represent only a sample of successful staffing firms in the market, and that there are many successful engineering staffing companies not included in the report.

Corporate members interested in learning about the strategies and executive perspectives of these firms can download the full report online.