AlphaStaff, the fastest-growing PEO
FT. LAUDERDALE, Fla., – AlphaStaff Group, Inc., the fifth largest professional employer organization (PEO) nationwide, is the fastest-growing PEO in the industry, according to recent rankings. The list, compiled by Staffing Industry Analysts, Inc., ranks the 25 largest PEOs by their net revenue from PEO services in 2007.
According to the compiled statistics, in 2007, AlphaStaff’s net revenue increased 79 percent, twice the rate of any other PEO. Similarly, since 2004, AlphaStaff has grown at a compound rate of 43 percent without the aid of mergers or acquisitions. Jay Starkman, AlphaStaff CEO, says a key factor of this growth is AlphaStaff’s partnerships with insurance agents across the United States.
“AlphaStaff overcame a history of competition between agents and PEOs to build a unique distribution model where agents trust that we will protect their interests,” said Starkman. “Couple that model with the talent within our ranks and an extremely satisfied client base and we are confident that AlphaStaff will continue on this growth trajectory into the future.”
Starkman added that agents primarily partner with AlphaStaff in order to expand client retention rates, increase revenue stream, become a trusted advisor for their clients and expand the universe of prospects for the agency.
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