Thinking Ahead | November 22, 2011
BOSTON, MA — November 21, 2011 — Seven Step Recruiting, a leading provider of recruitment process outsourcing (RPO) services, has announced outstanding results in the third quarter of 2011. Revenue increased by 75 percent over the same quarter in 2010, as a result of the addition of new clients, including Aetna, Cummins, and ITT, and the expansion of scope-of-work with existing clients such as Ingersoll Rand and SunTrust Bank.
"Seven Step's growth is accelerating thanks to strong demand for RPO services across major industry sectors," said Greg Karr, executive vice president of Seven Step Recruiting. "We are reaching critical mass as leading corporations in banking, insurance, and manufacturing appreciate the value of a strategic RPO partnership and leverage our results-driven approach to talent acquisition."
Seven Step helps corporations rapidly find and hire high-quality candidates by optimizing, supplementing, or outsourcing their existing recruitment processes. The company has developed an open, collaborative recruitment approach that has been proven to help clients meet their recruitment goals regardless of complexity or difficulty. With an average time-to-fill rate of only thirty-five days, which is twenty-five percent lower than the industry average, Seven Step consistently earns high satisfaction ratings from its clients.
Seven Step Hits Benchmarks with Strategic Staffing and Technology
Performance highlights in the third quarter included continuing to deliver quarter over quarter hiring manager satisfaction results in the top quartile of Saratoga Benchmarks, increasing the number of key staff members by fifteen percent, and expanding its technology partnership with Avature, the human capital management software-as-a-service provider.
Added Mr. Karr, "Our attitude toward collaboration and productivity extends to partnerships with other innovators in talent acquisition. Like Seven Step, Avature is the leading innovator in its category. Leveraging Avature's solution allows us to deliver more value even more quickly to our expanding roster of Fortune 500 clients."
About Seven Step Recruiting
Founded in 2007 in Boston, Massachusetts, Seven Step has quickly become a leading provider of outsourced recruitment services, helping companies meet recruitment challenges regardless of volume, scale, resource constraints, compliance issues, or logistical hurdles. Unlike other recruitment process outsourcing (RPO) firms, Seven Step has developed a proprietary team-based approach to recruitment management that is flexible, scalable, and metrics-based from beginning to end. Seven Step is consistently rated very highly in customer satisfaction. In 2011, Seven Step was named to the Midmarket Baker's Dozen of top RPO providers by HRO Today.
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