2013 HOT 100: HOT 10 public sector recruiters revealed
7 November 2013
The November issue of Recruiter will feature the 2013 Recruiter HOT 100, the eighth edition of the benchmark league table of the UK recruitment sector’s most efficient companies, as measured by gross profit per head, or net fee income.
Thu, 7 Nov 2013TheMor November issue of Recruiter will feature the 2013 Recruiter HOT 100, the eighth edition of the benchmark league table of the UK recruitment sector’s most efficient companies, as measured by gross profit per head, or net fee income.
Conducted on Recruiter’s behalf by Agile Intelligence, the 2013 HOT 100 is sponsored by Flo Software Solutions and supported by RBS.
Today we reveal the first of our HOT 10 breakouts, the HOT 10 Public Sector Recruiters from this year’s HOT 100 list. Over the next week, watch out for the breakouts of HOT 10 for IT & telecoms, technical and professional recruiters, to be published on recruiter.co.uk’s.
Recruitment firms making the HOT 100 will already have been notified of their position and received a certificate and invite to our 14 November celebration event. Please RSVP to [email protected].
HOT 10 Public Sector Recruiters
This category again has at least 13 constituents in the 2013 HOT 100.
Many other companies report substantial public sector business but would not specialise in this area. Equally, many of the large national and multi-national players have substantial public sector business embedded within their group figures – this cannot be easily measured.
However, dealing with these fairly small specialists, who account for a relatively low proportion of UK public sector business, a substantial turnaround is in evidence.
After a difficult previous year, together these HOT 10 companies report sales, gross profit, productivity and even margin all ahead.
Reports suggest that public sector business is now in recovery but for the period covered by these accounts that would have been in its infancy. The absence of locum doctor recruiters is no accident – some of those recruiters have been stationed in A&E themselves as both volumes and fee rates were reduced quite drastically.
Healthcare Locums (HCL), therefore, drops out of the HOT 10 and the HOT 100 altogether as do several other health or social care specialists. Education sees two pure specialists in the HOT 100 as the market picks up again – Randstad Education and a returning (ITN) Mark Education, but New Directions drops out. Social care has four representatives despite persistent local authority budget pressure.
In the HOT 10, three are frontline health and social care specialists, with just the one education company. A further three are in executive level recruitment including, once again leader, Morgan Law.
Three more offer a mix of social care, housing and technical services – all these from the Hamilton Bradshaw/Human Capital Investment Group stable.
Turning to gross margin trends
Conducted on Recruiter’s behalf by Agile Intelligence, the 2013 HOT 100 is sponsored by Flo Software Solutions and supported by RBS.
Today we reveal the first of our HOT 10 breakouts, the HOT 10 Public Sector Recruiters from this year’s HOT 100 list. Over the next week, watch out for the breakouts of HOT 10 for IT & telecoms, technical and professional recruiters, to be published on recruiter.co.uk’s.
Recruitment firms making the HOT 100 will already have been notified of their position and received a certificate and invite to our 14 November celebration event. Please RSVP to [email protected].
HOT 10 Public Sector Recruiters
This category again has at least 13 constituents in the 2013 HOT 100.
Many other companies report substantial public sector business but would not specialise in this area. Equally, many of the large national and multi-national players have substantial public sector business embedded within their group figures – this cannot be easily measured.
However, dealing with these fairly small specialists, who account for a relatively low proportion of UK public sector business, a substantial turnaround is in evidence.
After a difficult previous year, together these HOT 10 companies report sales, gross profit, productivity and even margin all ahead.
Reports suggest that public sector business is now in recovery but for the period covered by these accounts that would have been in its infancy. The absence of locum doctor recruiters is no accident – some of those recruiters have been stationed in A&E themselves as both volumes and fee rates were reduced quite drastically.
Healthcare Locums (HCL), therefore, drops out of the HOT 10 and the HOT 100 altogether as do several other health or social care specialists. Education sees two pure specialists in the HOT 100 as the market picks up again – Randstad Education and a returning (ITN) Mark Education, but New Directions drops out. Social care has four representatives despite persistent local authority budget pressure.
In the HOT 10, three are frontline health and social care specialists, with just the one education company. A further three are in executive level recruitment including, once again leader, Morgan Law.
Three more offer a mix of social care, housing and technical services – all these from the Hamilton Bradshaw/Human Capital Investment Group stable.
- Leader Morgan Law together with GatenbySanderson and Finegreen all provide executive and senior management to their public sector clients – a mix of permanent and interim/temporary. It is interesting that these are companies are growing, whether through market share gain or underlying market expansion, at a time of continuing public sector cutbacks especially in administrative functions.
- Mayday Healthcare, Caritas and RIG Medical Recruit all feature in the Hot 10. Social care specialist Caritas retains its presence while two of its sister companies, Synergy and Eden Brown also have some market presence alongside their housing, revenues and technical operations. Frontline healthcare staffing trends are reflected in the high ranking of nursing and allied health professional agencies yet the absence of locum doctor suppliers here.
- Randstad Education has jumped back up the ratings to fourth in the HOT 10 after a difficult couple of years in its market with rising pupil numbers now well anticipated. Gross margin remains strong in education, despite the rapidly changing environment with large numbers of schools exiting local authority control.
- The HOT 10 represent £299m in turnover generating £71m in net fees.
- Net fees total from the HOT 10 rose 11.8%, far better than the declines of the past two years while employee numbers grew by 2.6%.
- Average gross profit/head also rose, by 9%. Seven out of the Hot 10 report an increase.
- Eight out of the 10 also expanded their workforce and five achieved higher GP/head and employee numbers.
The HOT 10 public sector recruiters are:
- Morgan Law Partners
- Mayday Healthcare
- GatenbySanderson
- Randstad Education
- Resourcing Group
- Finegreen Associates
- Caritas Recruitment
- RIG Medical Recruit
- HBHC Synergy
- Eden Brown
Turning to gross margin trends
- Most are predominantly temporary staff suppliers; GatenbySanderson has the largest permanent mix.
- Average gross margin at 23.8%, a rise of 30 basis points
- Six companies report an increase in gross margin
- Check out more HOT 100 coverage online and in print next week from Recruiter.
