Meet this year’s fastest-growing staffing firms

The 2015 annual list of fastest-growing staffing firms is the largest such list Staffing Industry Analysts has ever compiled, with 102 firms posting compound average growth rate for revenue of more than 15% from 2010 to 2014. Loyal Source, based in Orlando, Fla., topped the list with a CAGR of 160.4%. The median CAGR for the top 10 firms on the list was 61.0%.

Firms in the top 10 cited a focus on internal workers, keeping a close eye on metrics and relationships as reasons for their growth.

 

The top 10 fastest-growing staffing firms this year are:
1. Loyal Source
2. Brilliant
3. Phaidon International
4. ALKU
5. Holland Square Group
6. CCS Construction Staffing
7. CorTech
8. EHD Technologies LLC
9. The Select Group LLC
10. Spectraforce Technologies Inc.

Of the top 10 fastest-growing firms, seven were based in the south, three of which are based in North Carolina — two in Raleigh. The competition was close, Spectraforce edged out No. 11 Malone Workforce Solutions by hundredths of a percentage point.

The median CAGR for all 102 firms was 24.2%. And, as in past years, the most common segment served by firms on the list was IT staffing, with 36% providing personnel in the segment. Industrial staffing was next most common with 32%, followed by healthcare staffing at 22%.

To get an idea of what propels growth at these firms, we interviewed executives at each of the top 10 fastest-growing staffing firms. Here is what they do and how they fuel their growth. Their stories, and the full list of fastest-growing staffing firms, are available at http://fastestgrowing.staffingindustry.com.