August 10, 2016
IMPAQ International is proud to be recognized by the Baltimore Business Journal (BBJ) as a fastest-growing woman-owned business in the Baltimore area.
The BBJ’s 2016 Fastest-Growing Woman-Owned Businesses list includes 25 companies ranked by 2014-2015 revenue growth. IMPAQ's revenue grew almost 30 percent between 2014-2015 and IMPAQ has the highest yearly revenue on the list. In 2015, IMPAQ was also recognized on the Baltimore Business Journal’s Woman-Owned businesses list as the fourth largest woman-owned business in the Baltimore area, based on the number of local employees.
IMPAQ's CEO Sharon Benus was featured as one of the article’s “Quotable Women.” In the article, she explains that IMPAQ has grown so quickly because of the company’s emphasis on “hiring and retaining the highest quality researchers who do the best work in the industry.” Ms. Benus goes on to says that “policy research is about sound methodology and numbers, but we have always made it about people.”
An example of this is the company’s June 2015 decision to voluntarily raise salaries for all staff and adopt the Maryland Living Wage Standard. The living wage differs from the minimum wage, which may fail to meet requirements to have a basic quality of life and leave a family to rely on government programs for additional income.
According to the 2016 State of Women-Owned Businesses Executive Report, the number of U.S. women-owned firms grew at a rate five times the national average between 2007 and 2016. IMPAQ is proud to be one of the 11.3 million woman-owned businesses in the U.S. and we will continue to focus on the quality of our people and of our work.
About IMPAQ International
IMPAQ evaluates and enhances public programs and policy. With research studies, program evaluations, implementation assistance, surveys and data collection, technical solutions, and communications strategies, IMPAQ helps governments, businesses, foundations, non-profits, and universities evaluate and enhance their programs and policy.