TRS Staffing Solutions (TRS) are ranked 17th in the 2017 Staffing Industry Analysts (SIA) ‘Largest Engineering Staffing Firms List’, but how do we shape up against our competitors?
The SIA have recently published their report. They estimate that 23 firms generated at least $50 million in US engineering temporary staffing revenue in 2016. Added together, these firms generated $5.0 billion in such revenue, accounting for 65% of the market, by their estimates.
|1||Aerotek (Allegis Group)|
|9||BHI Energy|Staffing Solutions|
|12||Johnson Service Group|
|16||Volt Information Sciences|
|17||TRS Staffing Solutions|
|19||UP Professional Solutions|
|22||Acro Service Corporation|
|23||Progressive Global Energy (SThree plc)|
Market share percentages in the SIA report are calculated by dividing each company’s revenue figure by their estimate of $7.7 billion for the US engineering temporary staffing market in 2016.
What does this mean for TRS?
It is a measure showing that TRS continue to maintain a significant revenue share of the overall US market.
Our business strategy is working
TRS use SIA reports and other industry published data to help us gauge the success of our business strategy in achieving regional growth and understanding our share of the engineering market in relation to our major competitors.
The data helps us to focus our business development and to shape the supporting resources needed to achieve new growth in the US engineering sector. By understanding the market share of our competitors along with their engineering business footprints we can identify areas that are best suited for us to achieve long-term sustainable growth.
About Staffing Industry Analysts
“Founded in 1989, Staffing Industry Analysts are the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labour. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, pay rolling/ compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services.
Known for their award-winning content, data, support tools, publications, executive conferences and events, the SIA are there to help both suppliers and buyers of workforce solutions to make better-informed decisions that improve business results and minimize risk.”
17 November 2017
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