SOURCE: Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc.

February 18, 2016 08:00 ET

Staffing 360 Solutions Division, Monroe Staffing, Wins Inavero's 2016 Best of Staffing Client Award

Monroe Staffing has Been Declared a Best of Staffing Client Award Winner for Five of the Last Seven Years

NEW YORK, NY--(Marketwired - February 18, 2016) -  Staffing 360 Solutions, Inc. (NASDAQ: STAF), a public company executing a global buy-and-build strategy through the acquisition of staffing organizations with operations in the US and UK, announced today that its Monroe Staffing division has won Inavero's Best of Staffing® Client Award for providing superior service to their clients.

Presented in partnership with CareerBuilder, Inavero's Best of Staffing Client winners have proven to be industry leaders in service quality based completely on the ratings given to them by their clients. On average, clients of winning agencies are nearly three times as likely to be completely satisfied with the services provided compared to those working with non-winning agencies. 

"Monroe Staffing has now received this award for five of the last seven years, which is an outstanding achievement," said Matt Briand, Monroe Staffing's President and CEO as well as the President and CEO of Staffing 360 Solutions. "Maintaining this high level of client satisfaction speaks volumes about the dedication and support our team provides to companies around the United States. I would like to thank those who participated in this year's survey, recognizing Monroe Staffing's efforts. Only a very small fraction of staffing firms in the US and Canada have been named a Best of Staffing Client winner, giving us reason to be proud of what we've accomplished."

Focused on helping companies ranging from startups to Fortune 100 enterprises find the right people for their job openings, Monroe Staffing received satisfaction scores of 9 or 10 out of 10 from 63.8% of their clients, significantly higher than the industry's average of 27%. Award winners make up less than 2% of all staffing agencies in the US and Canada who earned the Best of Staffing Award for service excellence.

"Leaders of growing companies are more committed than ever to staying flexible in this stable yet volatile market, making staffing firms the most viable employment partnership," said Inavero's CEO Eric Gregg. "Finding the best staffing partner with a proven commitment to service excellence can be really tough. BestofStaffing.com is the place to find the winning agencies that place talent with the skills you need in your city or state. We are very proud of the 2016 award winners."

About Inavero

Inavero administers more staffing agency client and talent satisfaction surveys than any other firm in the world. Inavero's team reports on over 1.2 million satisfaction surveys from staffing agency clients and talent each year, and the company serves as the American Staffing Association's exclusive service quality partner. For more information, please visit: www.inavero.com

About Inavero's Best of Staffing

Inavero's Best of Staffing® Award is the only award in the U.S. and Canada that recognizes staffing agencies that have proven superior service quality based completely on the ratings given to them by their clients and job candidates. Award winners are showcased by city and area of expertise on BestofStaffing.com -- an online resource for hiring professionals and job seekers to find the best staffing agencies to call when they are in need.

About Monroe Staffing

Monroe Staffing was established in 1969 and is a full-service consulting and staffing agency serving companies ranging from Fortune 100 to new startup organizations. Monroe has over 15 offices throughout Connecticut, Massachusetts, Rhode Island, New Hampshire and North Carolina. Its parent company, Staffing 360 Solutions, Inc., is a publicly listed company engaged in the development of a comprehensive program to create a robust pipeline of prospective acquisitions and complement its existing operations. For more information, please visit: www.monroestaffing.com

About Staffing 360 Solutions, Inc.

Staffing 360 Solutions, Inc. (NASDAQ: STAF) is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations with operations in the US and UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space. For more information, please visit: www.staffing360solutions.com.

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Forward-Looking Statements

Certain matters discussed within this press release are forward-looking statements including, but not limited to the timing and ability to enter into any additional acquisitions, as well as the size of future revenue. Although Staffing 360 Solutions, Inc. believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can give no assurance that its expectations will be attained. Specifically, in order for the Company to achieve annualized revenues of $300 million, the Company will need to successfully raise sufficient capital, to consummate additional target acquisitions, successfully integrate any newly acquired companies, organically grow its business, successfully defend current and any potential future litigation, as well as various additional contingencies, many of which are unknown at this time and generally out of the Company's control. The Company can give no assurance that it will be able to achieve these objectives. Staffing 360 Solutions does not undertake any duty to update any statements contained herein (including any forward-looking statements), except as required by law. Factors that could cause actual results to differ materially from expectations include general industry considerations, regulatory changes, changes in local or national economic conditions and other risks detailed from time to time in Staffing 360 Solutions' reports filed with the SEC, including quarterly reports on Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.

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Contact Information

  • Investor Relations Firm:
    PCG Advisory Group
    Stephanie Prince
    Managing Director
    646.762.4518
    Email contact


    Corporate Investor Contact:

    Staffing 360 Solutions, Inc.
    Darren Minton
    Executive Vice President
    212.634.6413
    Email contact


    Financial Contact:

    Staffing 360 Solutions, Inc.
    Wade Pearson
    Senior Vice President of Finance
    212.634.6423
    Email contact