The strong growth that PeopleScout achieved in Q2 is very encouraging, particularly given the softened hiring needs in several industry sectors.
Chicago, IL (PRWEB) August 5, 2008
PeopleScout, a leading provider of end-to-end recruitment process outsourcing (RPO) and employee retention solutions, reported strong second-quarter results, driven largely by several new multi-million dollar client engagements. Also, scope expansions within the existing client base were a key contributing factor, as nearly 80 percent of the current clients have expanded their relationship with PeopleScout in the past 12 months.
“We’re very pleased with the double-digit sequential quarterly growth that PeopleScout delivered in the second quarter,” said Patrick Beharelle, Chief Operating Officer for Chicago-based SeatonCorp, PeopleScout’s parent company. “The strong growth that PeopleScout achieved in Q2 is very encouraging, particularly given the softened hiring needs in several industry sectors.”
PeopleScout President Karen Browne added, “We remain quite bullish on the RPO industry’s growth prospects, as an increasing number of companies look to outsource all or part of their recruiting function to best-in-class providers. We’ve seen a significant uptick over the last 60 days in the number of interested RPO buyers across many industries. Looking ahead, PeopleScout fully expects to achieve significant sequential quarterly growth in the third and fourth quarters.”
PeopleScout is a division of SeatonCorp, a best-in-class staffing and recruiting company recently named by Crain’s Chicago Business as one of Chicago’s largest privately held companies. 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. PeopleScout facilitates over 175,000 hires annually via partial-cycle and end-to-end RPO engagements, and recently celebrated its one millionth full-time RPO placement. Industries served include airline, financial services, telecommunications, retail, utilities, hospitality, and transportation. PeopleScout’s clients include some of the more recognizable names in the Fortune 500 list of companies. In 2007 PeopleScout was named to HRO Today Magazine’s “Baker’s Dozen” list of industry-leading RPO providers for the second consecutive year, and was also recognized as one of the “Top 5 RPO Providers” by The Black Book of Outsourcing. For more information, please visit http://www.peoplescout.com or call 800-966-4803.
For More Information:
rcilia @ peoplescout.com
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