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    Penbrothers Excels as a High-Growth Company in Asia-Pacific

    April 22, 2024

    We are proud to share that Penbrothers has clinched a coveted spot among the High-Growth Companies in Asia-Pacific 2024! The company ranks 64th out of the top 500 fastest-growing businesses in the region, boasting an impressive 906% absolute growth rate and 115.88% compound annual growth rate (CAGR).

    Awarded by the prestigious Financial Times and Statista, this recognition celebrates the remarkable growth of businesses across the Asia-Pacific region that achieved the highest revenue growth rates between 2019 and 2022. 

    Charting Our Phenomenal Growth

    Additionally, Penbrothers leads this year’s roster of the 21 fastest-growing Philippine-based companies, outpacing contenders from various industries. 

    On a global scale, Penbrothers secures an impressive third position within the employment services sector, solidifying our standing as a leader in providing top-tier talent solutions worldwide.

    In the words of our CEO and Co-Founder, Nicolas Bivero, “Securing a place in the Asia-Pacific High-Growth Companies 2024 ranking is a remarkable achievement for all of us at Penbrothers. We take immense pride in this recognition, especially as it coincides with our company’s 10th anniversary.”

    This honor follows our recent distinction as the top-ranked Fastest-Growing Company in the Philippines 2024 by Statista and the Philippine Daily Inquirer.

    The graph above shows Penbrothers’ exponential revenue growth from 2019 to 2022

    Addressing Global Talent Challenges

    These achievements signify not just our growth but also that of our clients’. 

    In today’s world where talent shortages abound, businesses struggle to find the skilled workforce they need. Penbrothers addresses these global talent challenges by sourcing the top 3% of Filipino talent.

    Complementing this talent acquisition strategy is the Hypercare approach—a framework for optimizing the onboarding process to make the talent deliver value faster, aligned with the tasks that the client wants them to do.

    These strategies have enabled our clients to build high-performing, culturally aligned remote teams efficiently.

    Expanding Our Global Footprint

    Penbrothers is strategically positioned to boost our presence in key markets such as the United States, the United Kingdom, Australia, and Japan. “We are positioning offshore staffing as a solution to address acute talent shortages in these regions,” emphasized Faria.

    This market expansion strives to introduce top-tier Filipino talent to these markets, benefiting both businesses in need of skilled professionals and Filipinos seeking diverse employment opportunities. We aim to create 5,000 jobs for Filipinos by 2028.

    At Penbrothers, we remain steadfast in our commitment to driving growth, nurturing talent, and reshaping the future of work. Thank you for being an integral part of our journey toward excellence!

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