Inc.com, an online resource for entrepreneurs, has released the 2009 Inc. 5000, a list of the fastest-growing private companies in the U.S. Ranking is based on percentage growth in company net sales over a five-year period.
Here we examine a handful of companies that have shown tremendous growth and profit to capture the top five spots in the human resources category. Hundreds of HR-related companies including job boards, software suppliers, applicant tracking systems, and search firms made the list, but these five are breezing past the competition.
1. Workway
Founded in 2005, this Burbank-based company provides recruitment and staffing services at 20 locations nationwide, as well as payroll and billing, training, outplacement services, and on-site account management. The company also manages a Web portal incorporating a collection of blogs, videos of job recruiters, and industry news.
Workway has grown a whopping 2,058.1% since 2005, when it claimed $3.5 million in revenue. Now it’s reporting sales of $75.9 million and has increased its staff to 85 employees.
2. KBW Financial Staffing and Recruiting
Based out of Bedford, NH, KBW Financial Staffing & Recruiting, specializes in permanent and temporary placement in accounting, finance, and human resources. This staffing firm has grown 1,546.1% since their inception in 2005 and have seen revenue increase from $262,998 in 2005 to $4.3 million in 2008.
TAG was founded in 2000 in Phoenix as a one-stop-shop that administers payroll, insurance, and other human resources services for small businesses. The company now has 43 employees and has grown 1,396.0% in the past five years to report revenues of $19.7 million in 2008.
Atlanta-based Search Wizards provides specialized temporary staffing and recruitment services to companies seeking to improve their own recruitment process, to temporarily add a team of people on a per-project basis, or to integrate new employees into an existing team. They’ve only got six employees, but the company has grown 827.5% in the past five years and recently reported revenue of $13.8 million in 2008, up from $1.5 million in 2005.
This Maryland company places temporary and permanent staff in numerous industries and locations across the U.S. Founded in 2003, they’ve grown 806% since 2005 and are currently reporting revenues of $7.6 million.
Click here to see who else made the list.
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September 2nd, 2009 at 7:32 am
A lot of youngsters are interested in hr jobs.So this is really a great job by telling about these fast growing companies in US.