Spherion Secures Fourth Spot in Rankings By Franchise Business Review In 2024
ATLANTA – Spherion Staffing and Recruiting (Spherion) recently achieved a spot on Franchise Business Review’s list of the Top 200 Franchises. In the 19th annual ranking based on franchise owner satisfaction, Spherion earned the fourth spot in the category of Business Services franchises, seventh in Large franchises (160-379 units) and #23 out of the overall Top 50.
With this most recent award, Spherion is setting the tone for the new year after closing 2023, having been recognized in seven separate rankings by the market research firm. Last year, Spherion was also listed as a top franchise by Franchise Business Review for the following awards: Most Innovative Franchises, Most Profitable Franchises, Franchise Rock Star, Top Franchises for Veterans, Top Franchises for Culture, Top Recession-Proof Franchises and Top Franchises for Women.
“It’s an honor to be recognized by Franchise Business Review in several distinguished categories. None of this would be possible without the support of our amazing franchise system,” said Kathy George, Executive Vice President of Spherion. “Without the success of our franchisees, we wouldn’t be able to empower communities across the country and match our clients with the right job seekers for their needs. As we look ahead to 2024, we continue to be focused on providing the right resources and solutions to our franchisees so that they may capitalize on the momentum we’ve generated this past year.”
Franchise Business Review, a market research firm that performs independent surveys of franchisee satisfaction and employee engagement, provides the only rankings and awards for franchise companies based solely on actual franchisee satisfaction and performance. Franchise Business Review publishes its rankings of the top 200 franchises in its annual Guide to Today’s Top Franchises.
More than 375 franchise brands, representing nearly 35,000 franchise owners, participated in Franchise Business Review’s research. Spherion’s franchisees responded to 33 benchmark questions about their experience and satisfaction regarding critical areas of their franchise systems, including training and support, operations, franchisor/franchisee relations and financial opportunity.
Spherion’s survey data showed the following:
- 96% of franchisees agree that their fellow franchisees are supportive of one another
- 93% of franchisees agree that they actively participate in company programs and events
- 96% of franchisees are likely to recommend this franchise to others
“Franchisee satisfaction continues to be the leading indicator of franchise performance and system health, and we are pleased to report that our latest research shows satisfaction has remained at some of the highest levels in the past 19 years. In fact, our survey results show that three out of four franchise owners would recommend their brand to others. That’s extremely encouraging news for franchise owners and anyone considering investing in a franchise,” said Michelle Rowan, president and COO of Franchise Business Review.
“As an independent research firm, Franchise Business Review is committed to helping prospective franchisees get an objective view of the best franchise opportunities available based on actual feedback from the people who own them. Each of the award winners on this year’s list of the 200 Top Franchises received stellar ratings from their franchisees in the areas crucial to success in operating a franchise, including training & support, leadership, innovation, culture, and financial opportunity.”
Investing in a Spherion franchise ranges in price from $214,325 to $342,575. This investment comes with a full suite of support services including initial and ongoing training, sales and marketing programs, and back-office support. In addition, franchise owners are backed by a nationally known brand with more than 75 years of industry knowledge and experience.
To learn more about Spherion, visit spherion.com.
For more information about available franchise opportunities with Spherion, please visit: spherion.com/franchising.
Visit FranchiseBusinessReview.com to see the full description of the 2024 Top Franchises and view Spherion’s Top Franchise rankings from years past.