Beacon Hill Ends 2021 With Record-High Revenue and Eye-Popping Growth

Beacon Hill closed out 2021 with a record-high revenue of $902M, which is a 41.5% increase from 2020!

It was a year filled with highs and lows but through all of the challenges, Beacon Hill continued to grow and flourish. “It is hard to overstate the challenges of 2021,” remarked Andrew Wang, CEO. “Our ability to respond to the demands of the market and grow, during these unprecedented times, is because of our dedicated, talented, and remarkable team … and their extraordinary efforts to deliver for our clients.”

Our Managing Directors reflected upon the year…

Beacon Hill Associates
Beacon Hill Associates, Beacon Hill’s administrative specialty division, specializes in placing support, office management, administrative professionals, and entry-level professionals, in addition to candidates in events, public relations, customer service, call-center, sales, business development, marketing, and communications, our industry-leading placement consultants partner with employers and job-seekers to create the perfect match.

“The positions we fill continued to evolve from almost entirely in the office to mostly hybrid and remote in 2021, a transformation that created incredible opportunities for our team,” remarked Charlie Cain, Managing Director of Beacon Hill Associates & Beacon Hill HR. “We were able to support clients in new ways and on a national level thanks to our agility, strong geographic footprint and loyal customer relationships. The dedication and resilience of our team has been inspiring. The results have been extraordinary.”

Beacon Hill Financial
Whether you’re staffing for your organization or seeking a new opportunity in the Corporate Accounting & Finance, Public Accounting, Investments, Financial Services & Banking, or Healthcare Revenue Cycle Management arenas, Beacon Hill Financial’s seasoned placement experts will partner with you, with the commitment and urgency required, to make the perfect match.

“2021 was like no other year we have ever seen, especially coming off one of the most challenging markets in 2020,” stated Joanna Foulk, Managing Director of Beacon Hill Financial. “Every day, every month, we encountered a new obstacle and walked in uncharted territory. However, we remained determined and committed to providing the best talent, quality and service to our clients and candidates, which ultimately proved to be successful for our team in helping us achieve unprecedented results.”

Beacon Hill HR
Beacon Hill HR, Beacon Hill’s human resources specialty division, partners with corporate human resources departments addressing the diverse staffing needs of evolving HR organizations. From benefits, compensation, and HRIS, to learning & development, recruiting, and generalist positions.

“Every good company recognized their most valuable asset was their people in 2021,” noted Charlie Cain, Managing Director of Beacon Hill Associates & Beacon Hill HR. “There has never been more investment by companies in their efforts to attract, retain and further develop strong talent.”

In fact, companies raised their compensation levels by a whopping 11.4% year-over-year, across all industries and skill categories in the US, according to advertised wages from January 2021 to December 2021 (source: Emsi BurningGlass).

 

Figure 1: Advertised Wage Trend Across Regional Compensation for People Who Are Employed in One of 96 Occupations in the United States per Emsi Q4 2021 Data Set

“Our team has been at the center of this revolution, helping world-class companies improve, expand and modernize their HR function,” Mr. Cain continued. “Beacon Hill HR had back-to-back record years in the middle of a global pandemic and is now an industry leader with a front row seat to a truly historic job market.”

Beacon Hill Legal
Beacon Hill Legal, Beacon Hill’s legal specialty division, partners with law firms and corporations offering the very best legal contract staffing solutions, document review services, and direct-hire and executive search resources, placing the legal market’s top attorneys, paralegals, and legal support professionals.

“The ability to not only grow but thrive in a market like we saw in 2021 is remarkable,” remarked John Tarbox, Managing Director of Beacon Hill Legal. “The professionals we have at Beacon Hill are extraordinary and their ability to navigate the challenges put in front of us in the staffing industry is what differentiates us. Not only did this help us grow last year, but our teams hard work has positioned us for even more growth in 2022.”

Beacon Hill Life Sciences
Beacon Hill Life Sciences operates across the broad Biotech, Gene Therapy, Pharmaceutical, Medical Device, Diagnostics, Clinical Research Outsourcing, Food, Beverage, Consumer Products, Healthcare, and Health and Insurance sectors delivering professional talent through integrated staffing solutions and Statement of Work (SOW) services.

“2021 was a very challenging year both personally and professionally for so many people in the world,” noted Ryan Pirnat, Managing Director of Beacon Hill Life Sciences. “That said, I have been inspired by the dedication, hard work and resilience of the people at Beacon Hill. The success the company had is a direct result of every person on this team trying to make a positive impact with both our candidates and clients. Thank you to our clients, our candidates and each and every member of this company.”

OneBeacon
OneBeacon delivers enterprise-wide talent solutions and workforce management services. With a completely customizable approach, our programs address the unique needs of our clients, while delivering a consultative partnership that brings together a dedicated, accountable contact, seamless supplier coordination, and true visibility built on a backbone of scalability.

“We kept our dedicated client delivery teams and strong supplier network intact throughout these challenging times,” remarked Kathleen Keliher, Managing Director OneBeacon™. “This allowed us to continue providing our industry-leading dedicated support levels and address the unique needs of our partners during unprecedented changes in the delivery of non-employee resources. This continued dedication to our current client partners in addition to the implementation of several new MSP clients allowed our Solutions group to see strong growth this year. I am proud to be part of a company that values its employees, understands their value and focuses on delivering what we promise to our customers every day.”

Beacon Hill Technologies
Beacon Hill Technologies, Beacon Hill’s technology specialty division, is a world-class technology services and human capital enterprise, comprised of distinct and specialized engagement organizations, that partners with customers across the country to deliver the very best technology consulting services, staffing solutions and onshore resources in the market today.

“2021 presented many unique challenges and opportunities,” commented Jeff McLaren, Managing Director of Beacon Hill Technologies. “Our team responded with ingenuity and determined effort and was rewarded with record growth.”

About Beacon Hill   

Beacon Hill is a leading nationwide provider of staffing and consulting solutions delivered by our collective of 1,400+ of the industry’s foremost specialty practitioners. Job seekers and companies seeking to augment their staff receive white-glove service from our industry-focused divisions: Beacon Hill Associates, Beacon Hill Digital & Creative, Beacon Hill Financial, Beacon Hill Government Services, Beacon Hill HR, Beacon Hill Legal, Beacon Hill Life Sciences, Beacon Hill National Security,  Beacon Hill Technologies and OneBeacon.

Click here to learn more about our specialty divisions and market sectors.  

If you are interested in pursuing career opportunities, click here to view all current openings.  

Beacon Hill’s niche brands provide direct hire, executive search, contract staffing, contract consulting, contract-to-hire, and MSP/VMS and RPO solutions to emerging growth companies and the Fortune 500 across multiple market sectors and all industries. In 2023, Beacon Hill outpaced the market’s growth with revenues over $1 billion.