As the world of work continues to evolve at lightning speed, the workforce solutions industry stands poised and ready to meet businesses’ rapidly expanding staffing needs. The growth of the industry is reflected in the growth of companies like those on SIA’s 2023 Fastest-Growing US Staffing Firms list, all of which have solid track records of annual expansion in revenue and influence.
“The staffing industry has weathered a pandemic and is now managing a completely different landscape that continues to shift, with this year providing a more challenging business environment than last year,” said SIA President Barry Asin. “Through all this fast-paced change, the 2023 Fastest-Growing Staffing Firms in the US have not slowed down their business development and growth. Congratulations to this year’s qualifying firms for their resilience and persistence in the ever-evolving world of work.”
This year’s list is SIA’s largest ever, comprising 158 staffing firms — 36 more than in 2022. The top 10 fastest-growing firms are:
To be considered for the Fastest-Growing US Staffing Firms list, companies must have achieved a minimum revenue threshold of $1 million in 2018 and experienced a CAGR of at least 15% between 2018 and 2022. Qualifying data for the ranking is collected and evaluated in SIA’s annual staffing firm survey.
The median 2023 CAGR for all firms listed is 33.8%. California was the state with the most headquarters of firms on the list followed by a tie of Florida and New Jersey. Information technology was the most prevalent segment on the list at 59 firms, followed by the travel nursing segment at 47 firms. Additionally, 43 listed firms exceeded $300 million in revenue and 12 had revenue of more than $1 billion.
The full list and accompanying profiles of the 10 fastest-growing companies are online.
