WorkforceLogic Announces Record Revenues
for 2007
Sonoma, California - January 11, 2008
WorkforceLogic Grows for Sixth Consecutive Year
WorkforceLogic, a provider of workforce management software, risk mitigation, payroll processing and professional services, announced record revenues of $281 million for the calendar year-ended 2007. The company recorded revenue growth of 8% over the previous year’s revenue of $260 million. This is the sixth consecutive year of growth for WorkforceLogic, from revenues of $61 million in 2002.
WorkforceLogic provides talent acquisition management, risk mitigation and workforce management solutions to many of the world’s largest companies. The company’s services also include payroll capabilities. The stability and organic growth of this self-funded company in the marketplace is unique in an industry where consolidation and venture capital investment is widespread.
The company attributes this growth to the success of its dual strategy to provide market leading staffing services in Northern California while simultaneously developing global workforce management software and services for companies with large contingent workforces.
“We’re finding that our experience, particularly in workforce management, compliance and risk mitigation, is appreciated by our client base,” said Gary Nelson, Chairman and CEO, WorkforceLogic. “WorkforceLogic is now a major player in the marketplace.”
WorkforceLogic continues to extend its range of offerings and capabilities, including professional services, SAS 70 Phase II certification and the expansion of its global offering to the European Union in 2008.
About WorkforceLogic
WorkforceLogic is an innovative workforce management company focused on risk mitigation, talent acquisition management and contingent workforce planning. As a professional advisor, we help our clients strategically manage their workforce acquisition process while managing costs and mitigating risk.
We help our clients create and execute an innovative strategy for managing the acquisition of their workforce that fits their budget, specific business goals and market response requirements. Some of WorkforceLogic premier clients include Brocade, Bank of the West and Sony Computer Entertainment America.
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