Pinstripe Reports Record Annual Growth & Client Retention
Posted on Wed, Jan 18, 2012
Nation’s Leading Pure-Play RPO Provider Announces New Client Wins and Contract Extensions in
Technology, Advanced Manufacturing/Energy, Financial Services and Healthcare Segments
BROOKFIELD, WI – January 18, 2012 – Pinstripe, Inc., one of the nation’s leading recruitment process outsourcing (RPO) firms, today announced record growth during 2011. The unprecedented number of client wins and contract extensions underscores a growing demand for Pinstripe’s customized approach, consultative style of working with clients, and service excellence.
Aberdeen Group’s research has uncovered that recruitment process outsourcing is one of the ways top performing organizations are meeting demand. In a recent announcement of its “State of RPO 2011,” Aberdeen took the position that, “companies are looking to RPO solutions to help them innovate the hiring process.” In addition, global consulting and research firm Everest Group identified RPO as one of the fastest growing outsourcing market segments in their 2011 RPO Annual Report.
“As the analysts predicted, business challenges have only generated greater awareness of RPO’s cost and scale benefits. As a result, our industry has seen strong growth and M&A activity in 2011. While employment overall remains high, the demand for skilled technical personnel is still a challenge for employers. There is still a war for talent, and there always will be,” said Pinstripe CEO Sue Marks.
“In this market, companies need a partner to help support and challenge them to attract talent that will allow them to do more, faster and better, than their competition. This is exactly where Pinstripe excels and why we have had such a transformational impact on our clients’ businesses,” Marks added.
Recognized for the depth of client relationships and the quality of results, Pinstripe enjoyed significant growth in new client partnerships and contract extensions. Since January of 2011, Pinstripe has implemented new partnerships and extended contracts with more than a dozen clients and organizations in the technology, advanced manufacturing, energy, financial and consumer services, and healthcare segments. As the leading independent pure-play RPO provider in the U.S. market, Pinstripe has emerged as the clear choice for organizations that value a customized approach and a recruiting team that mirrors their organizational culture.
Learn more about Pinstripe’s solutions and engage with its talent management and recruiting resources at www.pinstripetalent.com.
