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Record figures see Russell Taylor Group double its permanent fee income

Posted by Georgie Betts on 24/04/2019

RECORD figures have been announced by Russell Taylor Group as the company reports that its fees for permanent job placements in the first third of this year have doubled.

The news co-incides with recently released data which reveals that businesses are continuing to hire staff despite the current political impasse at Westminster and that employment in the UK has hit an all-time high.

In the three-month period to January, the national employment rate hit 76.1 per cent and reached a new record of 32.7 million people in work, 473,000 more than the same period last year.

Rob Kurton, managing director at Russell Taylor Group, said income generated between January and April is currently showing an increase of more than 100 per cent over the same trading period in 2018.

He said: “These figures are pretty impressive and firmly demonstrate the general buoyancy of the permanent hire market. The latest national employment statistics also confirm that we have every reason to be positive about the future of the UK jobs market.

“Even though we have not yet reached the end of the month, all the indications are there that already we have more than doubled our fee income from permanent placements when compared with the January to April period last year.”

So far, Russell Taylor Group has placed 120 people in permanent employment this year compared to 63 between January and April 2018. Hiring has been across all the company’s white collar divisions in Construction, Engineering, Manufacturing and Scientific.

The team recruiting in construction specifically, said Rob, had seen no signs of a slow-down in this sector despite reports of a current decline in construction output.

Russell Taylor Group has also reported a growth in temporary placements in line with seasonal trends and Rob added: “Our new satellite offices in London and Manchester are currently making significant contributions to our profitability and putting us well on course for another record year.”