CHICAGO, IL – July 16, 2010 – SeatonCorp, a Chicago-based staffing and recruiting firm that operates under the Staff Management, PeopleScout, and StudentScout brands, reported second quarter 2010 revenue increased organically 45% year-over-year. The top line growth was largely due to several new multi-million dollar client signings and scope/volume expansions. Also impacting top line growth was a 100% client renewal rate over the past 12 months for all three divisions. Earnings were up significantly year over year as well.
PeopleScout, a leading recruitment process outsourcing (RPO) provider has seen its revenue increase 53% since the beginning of 2010. During Q2, PeopleScout signed four (4) new RPO engagements with Fortune 500 firms, as well as a several smaller RPO engagements.
Staff Management, a leader in Vendor on Premise staffing and Managed Service Provider (MSP) solutions, successfully added more than $95 million to its revenue run rate in the past year via new client engagements and scope/volume expansions. Staff Management also expanded its international footprint by implementing several new MSP/Staffing engagements in Asia, Europe, and South America.
“Significant scope expansions and a 100% renewal rate over the past year were key to SeatonCorp’s continued strong performance,” said Patrick Beharelle, SeatonCorp’s Chief Executive Officer. “We will continue to base our growth strategy on delivering world class service that results in long term, large scale client partnerships.”
About Staff Management
Staff Management is a division of SeatonCorp, a leading provider of consultative managed staffing and recruiting programs for Fortune 500, Global 2000 and high growth companies. Founded in 1988, Staff Management was an industry pioneer of Vendor on Premise (VOP) staffing.
Today, Staff Management has evolved its revolutionary VOP platform to provide sustainable contingent workforce solutions across a growing global footprint and has become the leading Managed Service Provider (MSP) with deep domain expertise supporting clients in the manufacturing and distribution segment. Staff Management solutions deliver best talent, drive compliance, yield tangible savings and provide a unique client aligned technology platform for high-volume workforce management.
Staff Management ranks #1 MSP provider in breadth of services delivered and #1 MSP provider in size of deal on HRO Today’s 2010 Baker’s Dozen list of leading MSP providers.
Staff Management is a charter member of the U.S. Immigration and Customs Enforcement IMAGE Program.
For more information, please visit us at staffmanagement.com or call 800-746-9462.
About PeopleScout
PeopleScout is a leading provider of recruitment process outsourcing (RPO) services aimed at helping companies with their exempt and non-exempt hiring needs. The firm’s suite of services includes RPO, employment branding, on-boarding, and employee retention. Annually, PeopleScout places over 180,000 hires via RPO engagements. Industries served include airline, financial services, telecommunications, retail, utilities, pharmaceutical, and transportation. PeopleScout’s clients include some of the more recognizable names in the Fortune 500 list of companies. PeopleScout was recently ranked as a Top RPO Provider in HRO Today Magazine’s Baker’s Dozen – its fourth consecutive appearance on the closely watched list of industry-leading RPO providers – as well as being named #1 in deal size. The firm also has been recognized as the #1 RPO Provider by The Black Book of Outsourcing on their “Top Ten HRO: Recruitment Process Outsourcing/RPO” list. For more information, please visit us at www.peoplescout.com or call 800-966-4803.
About StudentScout
StudentScout provides best-in-class contact management, warm call transfer, and appointment setting support to the post secondary education industry. Major organizations across America rely on StudentScout’s proprietary model to help optimizes their admission processes – from lead generation to enrollment StudentScout clients experience improved speed to lead, increased contact rates, overall lift in the number of enrollments, and a more variable admissions cost structure. For more information, please visit www.studentscout.com or call 877-902-3522.
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For More Information:
Caroline Storey-Sabetti
Executive Director of Business Solutions & Marketing
Staff Management
(413) 256-6959
cstorey@staffmanagement.com
