Expect 22% top-line revenue increase, 9% increase in workforce over next 12 months PricewaterhouseCoopers' Trendsetter Barometer interviewed CEOs of 312 privately-held product and service companies identified in the media as the fastest-growing U.S. businesses over the last five years. The surveyed companies range in size from approximately $5 million to $150 million in revenue/sales. Interviewing was completed in May, 2006.
NEW YORK, Sept. 12, 2006 (PRIMEZONE) -- CEOs of the nation's fastest-growing private companies are spending almost 50 percent of their company's total budget on their workforce, yet less than a third have formal programs in place to retain key employees. Moreover, less than a third regularly discuss retention issues during management meetings, or understand why key employees are leaving the company.
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