TL;DR
Spherion Staffing and Recruiting has over 200 locations and provides staffing and recruiting services across various industries. The franchise offers two business models, with average franchise owners achieving $7.4 million in annual revenue.
Company overview
Spherion Staffing and Recruiting is one of the world’s largest human resources and recruitment service companies. The franchise provides staffing and recruiting services, and specializes in connecting job seekers with temporary, temp-to-hire and direct-hire positions across various industries.
Spherion was founded in 1946 and began franchising for more than six decades. The brand is operated under its parent company Randstad, which is a $29 billion international workforce solutions leader.
As a result of its services, Spherion has been named a “World-Class Franchise” by the Franchise Research Institute.
As of August 2023, there are more than 200 Spherion Staffing and Recruiting locations across the country.
The brand is offering franchise opportunities throughout the country. However, it’s actively looking to grow in Atlanta, Georgia; Chicago, Illinois; Las Vegas, Nevada; Orlando, Florida; San Antonio, Texas; Charlotte, North Carolina; Grand Rapids, Michigan; Milwaukee, Wisconsin; Philadelphia, Pennsylvania; and San Diego, California.
Franchise models
Spherion offers two franchise business models that allow owners to take advantage of the brand’s steady growth. These business models consist of:
The Spherion Professional model is available in select metro markets and densely populated urban areas. Professional franchise owners concentrate their staffing and recruiting activity on accounting, finance and technology-centric positions. Spherion says its professional franchisees enjoy higher pricing margins than its general staffing model because positions in technology and professional settings offer higher compensation rates. Examples of jobs filled in the professional model include:
Software developer
Data analyst
Programmer
Software engineer
IT project manager
Staff accountant
Senior accountant
Payroll specialist
Controller
Financial analyst
The Spherion Commercial model is available in many mid-sized cities and towns, as well as rural areas. Commercial franchise owners primarily support light industrial and administrative positions in smaller markets. Examples of jobs filled in the commercial model include:
Assemblers
Forklift operators
Pickers and packers
Plant managers
Warehouse staff
Administrative assistants
Data entry
Executive assistants
Office managers
Financial performance
- Receptionists
According to Spherion’s consumer-facing franchising website, in 2022, the average franchise owner achieved $7.4 million in annual revenue and $1.6 in annual gross profits.
The initial investment required to open a Spherion Staffing and Recruiting franchise varies depending on the franchise model you choose.
A Spherion Technology franchise investment ranges from $340,795 to $471,975.
A Spherion Commercial and General Staffing franchise investment ranges from $214,325 to $342,575.
Interested candidates must also have a minimum net worth of $250K and at least $150K in liquid capital.
The franchise fee required to open a Spherion Staffing and Recruiting franchise is $40K.
Spherion also offers a 25% discount on its franchise fee to military veterans and members of SBA-recognized ethnic minority groups.
Rebecca Rogers Tijerino — President and Executive Committee Member
Kathy George — Executive Vice President, Franchise Development and Growth
Jamie Cirrito — Executive Vice President, Franchise Business Enablement
Lynn Billing — Senior Vice President
Mike Boyle — Senior Vice President
Debbie Fogarty — Senior Vice President
Melinda Randolph — SVP, Human Resources
Erika Stovall — Finance Director of Franchise Operations
Nanci Schulman — Senior Director of Owner Relations
Ross Goldstein — General Counsel
Bill Tasillo — Vice President of Franchise Sales and Market Development
Dan Brunell — Regional Vice President of Franchise Development
Doug DeLor — Vice President of Marketing
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In this story
This story was originally published in 1851 Franchise on September 27, 2023. Burnaze summarizes and links to the original reporting.
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