PLEASANTON, California, Aug. 22, 2012 (GLOBE NEWSWIRE) -- HRAnswerLink announced that today Inc. Magazine ranked the company No. 1677 on its sixth annual Inc. 500|5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy -- America's independent entrepreneurs.
HRAnswerLink President and CEO Dennis Abraham says, "This honor brings great pride to all the hard-working employees at HRAnswerLink. Our team, comprised of experienced HR consultants, spirited sales people, and skilled technical and operations teams, have all provided a level of commitment and professionalism that is exemplified by this growth. We thank our over 375 affiliates for their business and support over the years."
In a stagnant economic environment, median growth rate of 2012 Inc. 500|5000 companies remains an impressive 97 percent. Unified Payments tops this year's list. HRAnswerLink joins Yelp, yogurt maker Chobani, Giftcards.com, KIND, and famed hatmaker Tilly's, among other prominent brands. The companies on this year's list report having created more than 400,000 jobs in the past three years, and aggregate revenue among the honorees reached $299 billion.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/5000.
"Now, more than ever, we depend on Inc. 500|5000 companies to spur innovation, provide jobs, and drive the economy forward. Growth companies, not large corporations, are where the action is," says Inc. Editor Eric Schurenberg.
Methodology
The 2012 Inc. 500|5000 is ranked according to percentage revenue
growth when comparing 2008 to 2011. To qualify, companies must have
been founded and generating revenue by March 31, 2008. They had to
be U.S.-based, privately held, for profit, and independent -- not
subsidiaries or divisions of other companies -- as of Dec. 31,
2011. (Since then, a number of companies on the list have gone
public or been acquired.) The minimum revenue required for 2008 is
$100,000; the minimum for 2011 is $2 million. As always,
Inc. reserves the right to decline applicants for
subjective reasons. Companies on the Inc. 500 are featured in
Inc.'s September issue. They represent the top tier of the
Inc. 5000, which can be found at www.inc.com/500.
About HRAnswerLink
HRAnswerLink is the premier provider of Web-based human resource
products and services. The company's comprehensive offerings allow
small and midsized business to use and resell branded services and
products once only available to Fortune 500 companies. Based in
Pleasanton, Calif., with offices in Oregon and Kentucky,
HRAnswerLink services affiliates and end users throughout the
United States.
About Inc.
Founded in 1979 and acquired in 2005 by Mansueto
Ventures, Inc. is the only major brand dedicated
exclusively to owners and managers of growing private companies,
with the aim to deliver real solutions for today's innovative
company builders. Total monthly audience reach for the brand has
grown significantly from 2,000,000 in 2010 to over 6,000,000 today.
For more information, visit www.inc.com.