Staffing Industry Analysts, Inc. Recognizes SALO, LLC as One of America’s Fastest-Growing Staffing Firms

MINNEAPOLIS, MN – SALO, LLC has been named to the Staffing Industry Analysts 2008 list of America’s fastest growing staffing firms. The list, which is also known as The 25% Club, honors private staffing firms in the U.S. with a compounded annual growth rate of more than 25 percent between 2003 and 2007.

A total of 61 companies made this year’s list of fastest-growing staffing firms, up from 47 companies last year. The median compound average annual growth rate for the firms was 42.6%. To make the list, companies had to be privately held, U.S.-headquartered and independently owned. In addition, each company must have recorded sales of $1 million or more in 2003.

“Being recognized on the Staffing Industry Analysts list of the fastest-growing companies in the country is a great honor. I believe that such success validates the quality of our employees, management philosophies and sound strategic business practices,” said Ken Heisler, Director of SALO Search, an affiliate of SALO.

With an annual average growth of 89% over the past five years, SALO debuted at #8 on the coveted list. The Minneapolis-based company is also the only Minnesota staffing firm to gain such recognition from Staffing Industry Analysts.

Darren Benoit, Business Development Manager with affiliate SALO Project notes, “We’re excited about the fact that in a slowing market we’ve been nimble enough to change our approach to better serve both contract associates and clients. And it’s this ability to stay agile in a tough environment that has allowed us to grow while many of our competitors are trailing off.”

SALO is a leading provider of finance and accounting staffing solutions, consulting and financial executive search services. The award-winning company provides senior-level accounting and finance professionals for interim assignments and direct hire positions. Founded in 2002, SALO is among the fastest-growing contract staffing companies in the country and the top performer in the Minneapolis-St. Paul area. SALO, LLC has two affiliate companies, Oberon, serving the human resources market, and NumberWorks, serving the staff-level finance/accounting market.

About Staffing Industry Analysts, Inc.
Staffing Industry Analysts, Inc. is the premier research and analysis firm covering the contingent workforce. Known for its independent and objective insights, the company’s proprietary research, data, support tools, publications, and executive conferences provide a competitive edge to decision-makers who supply and buy temporary staffing. In addition to temporary staffing, Staffing Industry Analysts also covers these related staffing service sectors: third-party placement, outplacement, and staff leasing (PEOs). Founded in 1989, the company is headquartered in Los Altos, California. For more information, visit www.staffingindustry.com.

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