NEW YORK, August 16, 2017 – Inc. magazine today ranked MassPay on its 36th annual Inc 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment— its independent small and midsized businesses. Companies such as Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees of the Inc 5000 list.
“This is MassPay’s fourth consecutive appearance on the Inc 5000 list, (ranked at 3,064), a truly extraordinary accomplishment, and a tribute to our entire team in making this happen” said Jason Maxwell, Founder and CEO of MassPay. He added “of the tens of thousands of companies that have applied over the years, only one in ten have made the list four times. We’re very proud of this achievement.”
The 2017 Inc 5000 list, unveiled online at Inc.com, is the most competitive crop in the list’s history.
The average company on the list achieved a mind-boggling three-year average growth of 481%. The Inc. 5000’s aggregate revenue is $206 billion, and the companies on the list collectively generated 619,500 jobs over the past three years.
The complete Inc 5000 list, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
“The Inc 5000 is the most persuasive evidence I know that the American Dream is still alive,” says Inc. President and Editor-In-Chief Eric Schurenberg. “The founders and CEOs of the Inc 5000 tell us they think determination, risk taking, and vision were the keys to their success, and I believe them.”
MassPay has grown rapidly since it was founded in 2004, providing superior cloud-based HR & Payroll solutions and building a reputation for personal, responsive service. In just the past few years, MassPay has been named to the Inc 5000 List four times, has been named by the Boston Business Journal (BBJ) as one of the fastest growing private companies in Massachusetts for four consecutive years, and is proud to be the 2017 Gold Stevie Award Winner for Customer Service and Client Support Team of The Year.
MassPay’s cloud-based Human Capital Management (HCM) solution, iSolved, helps businesses utilize cloud-based technology to automate their HR & Payroll processes, maintain in-depth employee data, administer benefits, provide a smooth, electronic onboarding process for new hires, capture work hours via Time & Attendance and provide performance management capabilities. The solution, combined with MassPay’s HR Services, improves the employee experience, keeps businesses in compliance with Federal/State/Local laws, and helps managers and supervisors to become better employers.