Express Employment Professionals Surpasses $2.3 Billion in 2012, Marking Third Consecutive Year of Revenue Growth
Staffing Company Expects Continued Strong Demand in Coming Year
OKLAHOMA CITY - Feb. 11, 2013 - (BUSINESS WIRE) - Express Employment Professionals, the largest privately held U.S. staffing company, today announced that temporary staffing sales by franchisees totaled more than $2.3 billion in 2012, up 10 percent from a record $2.1 billion in 2011. Since 2009, Express franchisees’ temporary staffing sales have increased 101 percent as staffing companies have become a significant driver of the nation’s job growth.
The company’s ongoing rapid growth is indicative of a fundamental shift in hiring practices as employers increasingly rely on temporary workers for flexible staffing solutions that can respond to real-time market conditions.
In 2012, Express helped more than 367,000 workers find employment, up from 341,000 the year before. Express associates worked a total of nearly 117 million hours last year, an increase of more than 10 million hours from 2011 and an indicator that employer confidence has started to recover.
“Express built on our record-breaking results last year to drive our continued success in 2012, posting the highest sales totals in our company’s 30-year history,” said Robert A. Funk, Express Employment Professionals CEO and chairman of the board. “Express has shown that we understand the business pressures facing our customers and has established itself as a credible, trusted advisor to our clients.
“We credit our continuing sales growth to our focus on providing franchisees with the training, tools and knowledge they need to succeed. It is a testament to the dedication and hard work of our employees and franchise owners that we doubled our temporary staffing sales in just three years despite ongoing economic uncertainty.”
Express anticipates growth of 10 percent in 2013 based on continued strong demand for temporary workers, a view supported by industry experts.
The January 2013 American Staffing Association Staffing Index measuring employment in the U.S. staffing industry rose 3.7 percent for the month versus a year ago. Additionally, a September 2012 report by Staffing Industry Analysts forecast six percent growth for staffing in 2013 and predicted demand for several segments – including information technology, engineering, and industrial – would hit all-time highs.
“In the coming year, we are doubling our efforts to put even more people to work. In fact, we have set a long-term goal of helping a million qualified workers find employment on an annual basis,” Funk said. “We anticipate the jobs outlook will continue to improve as the U.S. economy gains traction during the second half of 2013, resulting in increased hiring and a continued gradual decline in the unemployment rate.”
Express opened 40 franchise locations in 2012. The company plans to add 48 additional locations in 2013, targeting strategic markets in 30 states and Canada. Key areas for growth include Michigan, California and Massachusetts.
About Express Employment
Express Employment Professionals offers a full range of employment solutions including evaluation hire, temporary staffing, professional search and human resources. With more than 600 offices in the U.S., Canada and South Africa, Express is committed to the vision of helping as many people as possible find good jobs by helping as many clients as possible find good people. For information about purchasing an Express franchise, visit www.ExpressFranchising.com. For more information about Express and its services, visit www.expresspros.com.
Express Employment Professionals
Sherry Kast, APR
Corporate Communications and PR Manager
Gooden Group Public Relations