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Recruitment agency reports soaring results

Posted on : 23-09-2008 | By : Gareth | In : Recruiting News

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The news has been filled with gloom of late with little good news if you are a recruitment agency in the UK. Yet a Welsh firm is reporting record profits.

Is there a silver lining if you are a recruitment agency in what appears to be a very dark cloud?  Well Phil Hadley certainly thinks so, managing director of Intapeople in South Wales.

They have reported a 19% growth in their business with plans to expand their team of consultants from 27 to 40 in the next 12 months.  Handley explains that the generalist recruitment agency is suffering a reduced demand for the general workforce.  However, in hard times, demand for high skilled specialised staff is greater than ever.  Intapeople are reporting a 60% increase in demand for engineers this year.

I guess we are all lulled into the gloom by the depression hungry media, stopping many from looking further for the business that is certainly out their.  If this recruitment agency is anything to go by, perhaps recruitment agencies should be thriving helping firms find the right people to get through the economic crisis.

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