Business strategies that “did the most to support employees” fuel industry-leading success; only firm among top 8 to grow revenue.
HADDONFIELD, N.J., May 13, 2021 -- True, the fast-growing global platform of innovative talent management products and services, has been recognized by numerous publications for exceptional employee experience and company growth.
For the second time, True earned the distinction as one of Inc. Magazine’s Best Workplaces 2021. The firm was also named a winner in the medium-large company category. Companies were selected based on employee surveys and a review of management effectiveness, company benefits, and programs for employee growth.
According to Inc.: “This is no small feat, as this year’s field of entries was the most competitive we’ve ever seen. In 2021, thousands of companies applied to be recognized as one of the best workplaces in America. From the many remarkable companies vying for the award, only a fraction are being honored as Inc.’s 2021 Best Workplaces. Clearly, True has gone through extraordinary lengths to attract, develop, and maintain its workforce.”
“This is truly an honor worth celebrating,” said Joe Riggione, founder and co-CEO of True. “Core to our culture at True is viewing success as a by-product of treating people well. It’s been incredible to see that ethos come to life in how our teams support each other in the most difficult of circumstances. We are especially thankful for the recognition this year,” Riggione added.
In addition to True’s recognition for workplace culture, the firm was also acknowledged for its exceptional growth and increasing prominence. Industry analysts Hunt Scanlon ranked True the 7th largest executive search firm by revenue in their annual ranking of the Top 50 Recruiters this April.
In spite of the challenging environment created by the pandemic, True grew 9% by revenue in 2020 and was the only executive search firm to grow among the top eight firms. That growth continued the trend for True, which has maintained a monumental 35% CAGR over the last three years vs. the executive search industry’s 3% CAGR during the same time period. That pace is only accelerating in 2021—with search volume rocketing 43% from Q4 of 2020 to Q1 of 2021.
“True’s tech-driven approach has set the new standard for talent management,” said Brad Stadler, founder and co-CEO of True. “It’s rewarding to see this propel our firm, and the entire industry, to the next level. We're grateful to our incredible clients that allow us to partner with them to create next-generation companies,” Stadler added.
Finally, True was recognized on the Forbes list of America’s Best Executive Recruiting Firms 2021 published this May. The list acknowledges the top 200 executive search firms with rankings determined from surveys and nominations from external recruiters, HR managers, and role candidates.