Thinking Ahead | April 11, 2013
Boston, MA - Seven Step RPO, a leading provider of recruitment process outsourcing (RPO) services, announced unparalleled growth in the first quarter of 2013, increasing its revenue by 101 percent over Q1 of 2012. Additionally, 70 percent of Seven Step’s clients chose to expand scope within the last two quarters, most notably within the financial, insurance, retail and manufacturing sectors.
“The increases we’ve seen to our client contracts validates that our unique recruitment model is helping clients get ahead of their hiring challenges,” said Paul Harty, President of Seven Step RPO. “Our recruiters are able to tackle challenging business verticals quickly, while delivering deep analytics that empower our clients.”
Highlights from the Quarter
Customer Growth –In the first quarter of 2013, Seven Step increased its hiring scope by 173 percent over Q1 of 2012. Additionally, a major financial institution expanded its recruiting services program with Seven Step from 600 annual hires in 2012 to 7,000 annual hires in 2013. Seven Step also tapped into the transportation and logistics sector for the first time in Q1 with a Fortune 100 company win.
International Expansion – Seven Step became a global organization in Q1, hiring for a major electronics brand across 44 countries spanning six continents, including Asia, Australia, North America, and Africa.
Employee Growth – Seven Step has increased its employee headcount by 92 percent over Q1 of 2012. Adding to the strength of the executive team, Doug Lubin joined Seven Step in February as Director of Business Development. In this role, Doug contributes to Seven Step's growth by building a business development strategy rooted in marketplace and competitive analysis, thought leadership, and intuitive buyer engagement.
Current client Armstrong World Industries, the global leader in the design and manufacture of floors and ceilings, recognized Seven Step’s record performance in the beginning of 2013. Vice President of Organization Vitality Stephen E. Becker said, “Seven Step’s team produced the highest numbers of accepted offers we have seen since our partnership was formed in August. We appreciate Seven Step’s outstanding performance and look forward to a very successful year.”
About Seven Step RPO
Founded in 2007 in Boston, Massachusetts, Seven Step helps companies get ahead of talent acquisition by meeting their most pressing hiring challenges, and by providing access to recruitment innovation that helps prevent hiring crises down the road. Seven Step's approach to RPO is highly customizable, applicable to a wide range of recruitment contexts, and is generally able to be deployed quite rapidly. Seven Step was ranked first among 2012 mid-market providers by HRO Today, and is an RPO industry leader in customer satisfaction. Visit www.sevensteprpo.com, or follow Seven Step on Twitter @SevenStepRPO.