Staffing, outsourcing firms dominate Inc. 5000 2024 list
NEW YORK, UNITED STATES — Inc. Business Media recently unveiled its 2024 Inc. 5000 list, highlighting the fastest-growing private companies in America.
Staffing firms and outsourcing companies have made a significant impact this year, showcasing their resilience and adaptability in a challenging economic landscape.
Top staffing firms achieve remarkable growth
Among the top performers in the staffing sector, DQS Solutions & Staffing leads the charge, securing the 22nd spot on the list. Close behind are Gordian Staffing and Segment HR, ranked 29th and 32nd, respectively. These companies have demonstrated remarkable growth, navigating inflationary pressures and hiring challenges with agility and innovation.
Blu Omega, StaffDNA, and Hiring4Less also made impressive appearances, ranking 53rd, 83rd, and 96th. UPSTACK, meanwhile, came in at 101st.
Outsource Accelerator’s Source Partners make their mark
Outsource Accelerator’s Source Partners, including Virtual Latinos, The Call Gurus, Innowise, Connext, Enshored, and 20four7VA, have also been recognized for their outstanding growth.
Virtual Latinos expressed pride in their second consecutive year on the list, stating, “Being in the top 500 out of thousands of companies is a testament to our team’s dedication and our clients’ trust.”
Connext, celebrating its third consecutive year on the list, attributes its success to the hard work of its team and the loyalty of its clients. “Our focus remains on delivering customized staffing solutions that drive growth and success for the businesses we serve,” said Tim Mobley, President of Connext.
Enshored, a six-time honoree, highlighted its 255% growth over the past three years. The company continues to expand its solution set to meet the evolving needs of innovative companies worldwide.
Meanwhile, 20four7VA, in its third year on the list, looks forward to future opportunities, with President and CEO Catherine vanVonno expressing excitement for what’s to come.
Outsource Accelerator’s Source Partner program is designed to support Business Process Outsourcing (BPO) firms with marketing, sales, and business intelligence. By leveraging Outsource Accelerator’s extensive marketplace, which includes over 3,000 BPO companies, the program helps firms engage with potential clients and expand their reach in the outsourcing industry.
Impact on the American economy
The inclusion of these companies in the Inc. 5000 underscores the dynamic nature of the staffing and outsourcing sectors. Despite economic disruptions, these firms have thrived, embodying the entrepreneurial spirit that drives America’s economy forward.
Companies on the 2024 Inc. 5000 generated a total of 874,940 jobs and $317 billion in revenue.
“One of the greatest joys of my job is going through the Inc. 5000 list,” said Mike Hofman, the newly appointed editor-in-chief of Inc. “To see all of the intriguing and surprising ways that companies are transforming sectors, from health care and AI to apparel and pet food, is fascinating for me as a journalist and storyteller.”
Inc. 5000 2024 methodology
The Inc. 5000 2024 list ranks companies based on their revenue growth from 2020 to 2023. To make the cut, a company must have been established and earning by March 31, 2020. It also needs to be based in the United States, privately owned, for-profit, and independent as of December 31, 2023.
In 2020, companies needed a minimum revenue of $100,000, jumping to $2 million by 2023. Inc. has the discretion to exclude applicants for subjective reasons. Rankings are precise, with growth rates calculated to four decimal places.
For a complete list of the Inc. 5000 honorees and insights into their growth strategies, visit Inc.com.
