June 16, 2021
70% of Staffing Agencies Expect Double-Digit Growth This Year
Staffing agencies are optimistic about their growth prospects, according to our 2021 State of Staffing report released this week. More than 4 in 10 (43%) expect to grow by 21% or more this year. To achieve that growth, firms are adopting new tech and recruiting automation solutions.
In the past for this report, we’ve divided firms into fast-growth and slow-growth categories based on their previous year’s revenue. Since 2020 was an outlier because of the pandemic, this year we’ve categorized companies by their anticipated 2021 growth rate. The goal is to provide a picture of how businesses that expect to grow the most plan to get there.
More than 250 staffing professionals across all industry verticals completed the survey. Most of them have high expectations for 2020. While nearly 60% of companies reported less than 10% growth in 2020, nearly 70% expect to grow by double digits this year.