FAST 50 2015: Industrial recruiters under pressure as FAST 50 representation drops

Industrial sector recruiters have seen their representation in Recruiter’s FAST 50 2015 list of the UK’s fastest-growing private staffing companies, compiled by Boxington Corporate Finance, fall from seven in 2014 to five this year.
Fri, 23 Jan 2015 | By Colin CottellIndustrial sector recruiters have seen their representation in Recruiter’s FAST 50 2015 list of the UK’s fastest-growing private staffing companies, compiled by Boxington Corporate Finance, fall from seven in 2014 to five this year.

The full FAST 50 list, sponsored by Hitachi Capital Invoice Finance, is published in the February issue of Recruiter magazine, out now.

“The market continues to consolidate,” says Tim Evans, managing director of Boxington Corporate Finance. “Legislative pressure looms large over some of the salary sacrifice schemes,” adds Evans, explaining that this is relevant to many recruiters in the sector, whose business models operate on thin margins.

For the first time a specialist agricultural recruiter, Pro-Force, appears in the FAST 50. “This is proof that recruiters can get growth out of any sector as long as they are a specialist and they do it well,” says Evans.

Industrial companies in the Recruiter FAST 50 2015
       
Company                    Sector
  1. Transline                   Industrial, technical
  2. 24/7 Recruitment     Logistics
  3. Pro-Force                  Agricultural
  4. Gap Personnel        Industrial
  5. PPF                            Industrial, driving

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