Staffing 360 Solutions, Inc. (NASDAQ: STAF), a company executing an
international buy-integrate-build strategy through the acquisition
of staffing organizations in the United States and the United
Kingdom, announced today that four of its staffing brands earned
recognition for providing exceptional client service.
US-based leading staffing agencies Monroe
Staffing Services (Commercial), Key Resources (Commercial) and
Lighthouse Professional Services (Professional) were once again
recognized by ClearlyRated for providing superior service to their
clients.
For the second year in a row, UK-based CBSbutler
(Professional) was awarded the 2021 Feefo® Platinum Trusted Service
award.
CBSbutler is a market-leading Professional
staffing consultancy specializing in technical and engineering for
Automation, Aviation and Aerospace, Building Management Systems,
Defense, Engineering, ICT, Cyber Security, Medical Devices,
Manufacturing and Business Support.
Best of Staffing Diamond
Award
- For five consecutive years, Monroe
Staffing Services has been awarded ClearlyRated’s Best of Staffing®
Client Diamond Award distinction for consistently earning
industry-leading satisfaction scores.
- Monroe Staffing Services received satisfaction scores of 9 or
10 out of 10 from 73.9% of its clients, significantly higher than
the industry’s average of 38%.
- Monroe Staffing Services received a Net Promoter® Score of
70.1%, a highly favorable comparison with the industry’s average of
28% in 2020.
Best of Staffing Award
- Key Resources was awarded
ClearlyRated's Best of Staffing Award for the second consecutive
year.
- Key Resources received satisfaction scores of 9 or 10 out of 10
from 75% of its clients, significantly higher than the industry’s
average of 38%.
- Lighthouse Professional Services
was also awarded ClearlyRated's Best of Staffing Award for the
second consecutive year.
- Lighthouse Professional Services received satisfaction scores
of 9 or 10 out of 10 from 84.7% of its clients, significantly
higher than the industry’s average of 38%.
Platinum Trusted Service
Award
- CBSbutler won the 2021 Feefo®
Platinum Trusted Service Award with more than half a century of
experience in servicing the recruitment needs of the industry, last
year CBSbutler was the 2020 Gold Trusted Service Award winner.
Brendan Flood, CEO and President of Staffing 360
Solutions, said, “I am phenomenally proud of our group of exemplary
and talented individuals. It is very rewarding to see that talent
and dedication recognized. With our commitment to excellence we
have garnered two of the greatest recognition awards in our
industry. It’s noteworthy that less than 2% of all staffing
agencies in the U.S. and Canada have earned ClearlyRated’s Best of
Staffing Award for service excellence, and fewer than 1% have
received its Diamond Award. Feefo’s unique accreditation and
independent seal is a highly valued badge of approval of
excellence, recognizing businesses for delivering exceptional
experiences, and the Platinum Trusted Service Award is its highest
honor.”
Flood continued, “During what has been an
unprecedented time, and one of the most challenging years in modern
history, it is a prestigious honor that ClearlyRated and Feefo have
distinguished our Monroe Staffing, Key Resources, Lighthouse
Professional Services and CBSbutler brands by recognizing their
consistent best expression of Staffing 360 Solutions’ core business
ethic -- to tirelessly strive to always provide exceptional client
service. I am proud that each team’s steadfast commitment and hard
work have earned our industry’s recognition. We look forward to
them each continuing to differentiate on service quality and
continuing to deliver expert services while expanding cross-sales
activities to offer our clients a deep and broad range of
offerings.”
About ClearlyRatedRooted in
satisfaction research for professional service firms, ClearlyRated
utilizes a Net Promoter® Score survey program to help professional
service firms measure their service experience, build online
reputation, and differentiate on service quality. Learn more at
https://www.clearlyrated.com/solutions/.
ClearlyRated'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 entirely on ratings
provided by their clients and placed talent. Award winners are
showcased by city and area of expertise on ClearlyRated.com - an
online business directory that helps buyers of professional
services find service leaders and vet prospective firms with the
help of validated ratings and testimonials.
About Feefo Trusted
ServiceCreated by Feefo, Trusted Service is awarded only
to businesses that use Feefo to collect genuine reviews and
insights. Businesses who meet the high standard, based on the
number of reviews they have collected and their average rating,
receive the award. A highly valued badge of approval, this
accreditation remains unique, as it is based purely on interactions
with real customers. As all reviews are verified as genuine, the
accreditation is a true reflection of a business’s commitment to
outstanding service. Learn more at www.feefo.com.
Feefo gives Platinum Trusted Service awards to
businesses that have achieved the Feefo Gold standard for three
consecutive years or more. In normal times, the Feefo Gold Trusted
Service award recognizes organizations that have collected at least
50 Feefo reviews in a year and have achieved a service rating of at
least 4.5. This year, to avoid penalizing businesses suffering
unduly from the effects of the coronavirus pandemic, the criteria
has been adjusted. Organizations that won a Gold Trusted Service
award last year but struggled to achieve the required number of
reviews this year have been assessed on an average rating over the
24-month period covering 2020 and 2019.
About Staffing 360 Solutions,
Inc.Staffing 360 Solutions, Inc. is engaged in the
execution of an international buy-integrate-build strategy through
the acquisition of domestic and international staffing
organizations in the United States and United Kingdom. The Company
believes that the staffing industry offers opportunities for
accretive acquisitions and as part of its targeted consolidation
model, is pursuing acquisition targets in the finance and
accounting, administrative, engineering, IT, and Light Industrial
staffing space. For more information, visit
http://www.staffing360solutions.com. Follow Staffing 360 Solutions
on Facebook, LinkedIn and Twitter.
Forward-Looking Statements This
press release contains forward-looking statements, which may be
identified by words such as "expect," "look forward to,"
"anticipate," "intend," "plan," "believe," "seek," "estimate,"
"will," "project" or words of similar meaning. Forward-looking
statements are not guarantees of future performance, are based on
certain assumptions and are subject to various known and unknown
risks and uncertainties, many of which are beyond the Company's
control, and cannot be predicted or quantified; consequently,
actual results may differ materially from those expressed or
implied by such forward-looking statements. Such risks and
uncertainties include, without limitation, market and other
conditions; the geographic, social and economic impact of COVID-19
on the Company’s ability to conduct its business and raise capital
in the future when needed; weakness in general economic conditions
and levels of capital spending by customers in the industries the
Company serves; weakness or volatility in the financial and capital
markets, which may result in the postponement or cancellation of
customer capital projects or the inability of the Company’s
customers to pay the Company’s fees; the termination of a major
customer contract or project; delays or reductions in U.S.
government spending; credit risks associated with the Company’s
customers; competitive market pressures; the availability and cost
of qualified labor; the Company’s level of success in attracting,
training and retaining qualified management personnel and other
staff employees; changes in tax laws and other government
regulations, including the impact of health care reform laws and
regulations; the possibility of incurring liability for the
Company’s business activities, including, but not limited to, the
activities of the Company’s temporary employees; the Company’s
performance on customer contracts; negative outcome of pending and
future claims and litigation; government policies, legislation or
judicial decisions adverse to the Company’s businesses; the
Company’s ability to access the capital markets by pursuing
additional debt and equity financing to fund its business plan and
expenses on terms acceptable to the Company or at all; the
Company’s ability to achieve loan forgiveness under Paycheck
Protection Program; and the Company’s ability to comply with its
contractual covenants, including in respect of its debt agreements,
as well as various additional risks, many of which are now unknown
and generally out of the Company’s control, and which are detailed
from time to time in reports filed by the Company with the SEC,
including quarterly reports on Form 10-Q, reports on Form 8-K and
annual reports on Form 10-K. Staffing 360 Solutions does not
undertake any duty to update any statements contained herein
(including any forward-looking statements), except as required by
law.
Investor Relations
Contact:Terri MacInnis, VP of IRBibicoff + MacInnis,
Inc.(818) 379-8500 x 2terri@bibimac.com
Staffing 360 Solutions (NASDAQ:STAF)
Historical Stock Chart
From Mar 2024 to Apr 2024
Staffing 360 Solutions (NASDAQ:STAF)
Historical Stock Chart
From Apr 2023 to Apr 2024