At Orbital Recruitment, we’re delighted to announce that we have been listed on the prestigious ‘The Recruiters FAST 50’.
After another successful year in challenging environments, we managed growth of 28.5%, despite a year of political and economic uncertainty – resulting in our official listing on the FAST 50.
What is the FAST 50?
The Recruiter FAST 50 is an annual list prepared by Clearwater International featuring the fastest-growing, privately-owned recruitment companies in the UK according to a revenue compound annual growth rate over the three most recent annual reporting periods with this year seeing improvements of 2% annual compound growth rate on the previous year.
“Constituents of this year’s Recruiter FAST 50 ranking grew by an average compound annual growth rate of 36%, up from the 34% witnessed in 2019 – a hugely positive result. The results are based on financial years ending between February 2018 and May 2019.”
Reports The Recruiter.
Consistently growing, through the application of innovative recruitment solutions
Despite the ongoing uncertainty, Orbital Recruitment has proven itself to be a robust recruitment agency. With record levels of employment, low levels of unemployment, a modest wage growth and a healthy level of supply from non-EU workers we have thrived due to our inability to ‘stand-still’.
Forces such as technology changing the recruitment ecosystem and the challenges the sector has faced over recent years with BREXIT, has meant that we are constantly embracing new ways to source and place candidates, this includes creative solutions like Orbital Progression and our Language Lab that help improve a candidates skills and suitability – we work hard to ensure our candidates are well equipped for their role. Orbital clients can be sure of a sustainable, robust workforce; alleviating the fast turnover associated with this market – great for all clients, vital in creating a happy workforce.
“Thriving in one of the largest markets in Europe, with the competition so high and compounded by the uncertainty of BREXIT is a huge success. I’m so proud of everyone who has contributed to this achievement over the past few years. Being able to dislodge more established agencies from the list shows our commitment to innovative recruitment solutions in the RPO sector.”
Comments, Mark Burton, Director.
We’re not phased by increased competition
The UK recruitment market is highly competitive with the number of recruitment agencies in the UK close to 40,000 with Companies House reporting that around 8,500 new agencies were registered in 2018.
At Orbital we use this as a driving force to be better. In order to keep our competitive edge, we must have the best recruitment solutions, the best attraction strategies, the best policies and principles and operational structures; held together by a team of committed employees who share our vision.
Recruitment challenges for 2020
Whilst the outcome of the general election has created a more positive platform for the recruitment sector, we will now turn our attention to the shape of the Brexit deal that is negotiated. Uncertainty still remains around migration policies, and this will play a significant role in determining the availability of EU labour in the UK market.
“In a bid to stay ahead of the game, we will continue to be candidate focussed, supplying a plethora of benefits to working with Orbital, we know that happy, confident candidates, result in happy clients.”
Adds Mark Burton, Director.
Want your RPO to thrive with a FAST 50 recruitment agency?
If you’re considering outsourcing your recruitment (RPO), let us convince you that we’re the right partner. Consultations are available with our team of experienced recruiters. We can streamline strategies, explore resourcing issues together and create innovative solutions that bridge the gap between candidate and employer. For more information about our services, get in touch – let’s get started on 2020 together.
Orbital Recruitment is a supplier of personnel for both temporary and permanent vacancies to companies throughout the UK. Find out more about the recruitment services we offer or get in touch to speak to a member of the team who will be happy to help.
Notes: The Recruiter FAST 50 is prepared by Clearwater International and lists the fastest-growing, privately-owned recruitment companies in the UK according to a revenue compound annual growth rate over the three most recent annual reporting periods.