Fort Lauderdale, Fla. – Aug. 13, 2024 – Inc. Magazine today announced that Engage PEO, a leading professional employer organization (PEO) providing HR outsourcing solutions to small and mid-sized businesses across the U.S., has once again been named as one of the 5,000 fastest- growing companies in the nation. The annual Inc. 5000 list is the most prestigious ranking of the fastest-growing private companies in the United States, representing a unique look at the most successful companies within the economy’s most dynamic segment – independent small businesses.
“We are honored to be featured on this list for the eighth time since 2016,” said Jay Starkman, founder and CEO of Engage PEO. “Engage’s growth is a tribute to its differentiated product offerings and distribution model, as well as its unwavering dedication to industry-leading customer service and satisfaction.”
Engage’s growth combines organic growth from a rapidly expanding sales force with a series of acquisitions made over the past two and a half years, expanding its footprint across the country. This growth has reinforced the company’s strengthened position within the PEO industry as a top national HR and benefits service provider.
Methodology
Companies on the 2024 Inc. 5000 are ranked according to percentage revenue growth from 2020 to 2023. To qualify, companies must have been founded and generating revenue by March 31, 2020. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2023. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2023 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places.
About Engage PEO
Engage PEO delivers comprehensive HR solutions to small and mid-sized businesses nationwide, sharpening their competitive advantage. Comprised of the industry’s most respected veteran professional employer organization executives, certified HR professionals, and attorneys, Engage PEO provides hands-on, expert HR services and counsel to help clients minimize cost and maximize efficiency for stronger business performance. The company’s superior service offering includes a full range of payroll technology and tax administration, employer compliance, health and workers’ compensation insurance products, advanced technology, and risk management services as part of an extensive suite of HR services.
Engage PEO was among the first PEOs awarded the Certified Professional Employer Organization (CPEO) designation by the Internal Revenue Service (IRS), ensuring greater benefits for small and mid-sized businesses such as tax advantages and financial protections. Engage PEO is also accredited by the Employer Services Assurance Corporation. Engage PEO was named to Inc. magazine’s list of the 5000 fastest-growing companies eight times since 2016. For more information on Engage PEO, visit www.engagepeo.com.
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