Mountain View, California — August 27, 2018 — Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions has announced the 2018 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 2013 through 2017, excluding acquisitions.
“Through giving our clients the competitive edge and through innovative work from our employees, we took our company one more step forward. I would like to congratulate the entire vTech family; your effort, dedication and commitment towards excellence has made this happen. We are excited to be ranked as the 18th fastest-growing staffing company in the United States.”
– Haresh Vataliya, (CEO) vTech Solution, Inc.
vTech has experienced significant growth in the last five years; the company’s revenue has witnessed a notable surge between the years 2011 and 2017. In addition, the company has expanded its service portfolio and has developed the ability to provide complete IT managed services offerings.
To qualify for the list companies needed to have had at least $1 million in revenue in 2013 and at least 15% CAGR between 2013 and 2017. The median CAGR for the top 10 companies this year was 97.8%, up from 83.5% last year. For the full list, it was 26.9%
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. SIA is headquartered in Mountain View, California, with offices in London, England.