FAST 50 2014: Fastest-growing oil & gas, technical and engineering recruiters listed

Oil & gas, technical and engineering recruiters performed strongly in this year’s FAST 50, the 50 fastest-growing private recruitment companies, prepared by Boxington Corporate Finance and sponsored by ICS.
Mon, 13 Jan 2014Oil & gas, technical and engineering recruiters performed strongly in this year’s FAST 50, the 50 fastest-growing private recruitment companies, prepared by Boxington Corporate Finance and sponsored by ICS.

As recruiter.co.uk reveals today, these companies make up 18% of the FAST 50 list.

In the second of our series of sector breakouts ranking the growth performance of FAST 50 companies, Mark Kingston, assistant director at Boxington, tells Recruiter this group of staffing companies is benefitting from “continuous skill shortages”.

Oil & gas, technical and engineering recruitment companies in the FAST 50 2014:

1. Serocor Holdings
2. First Point Group
3. First Recruitment Group
4. Fircroft Engineering Services
5. Omega Resource Group
6. Air Energi
7. Strategic Resources
8. Orion
9. Mentor IMC

“There are continuous skill shortages worldwide in the oil & gas energy sectors,” says Kingston.

“Many FAST 50 firms [in these sectors] are experiencing growth in rapidly expanding new markets, such as in South America and pockets of Asia.” Kingston adds that their strong growth performance comes despite “some signs of softening in parts of the Australian commodity markets”.

Kingston adds that despite client pressure against the sort of 20%-30% margins enjoyed by recruiters in these sectors that is pushing clients towards using RPOs, “they are still achieving impressive growth rates”.

Recruitment industry can be part of welfare reform discussion

The Department of Work and Pensions has this week unveiled a consultation on proposals to move away from fixed cash benefit system towards tailored support.

Legislation 30 April 2024

IBM survey finds UK business leaders expect 25% of workforce need to retrain

An IBM survey has found that a large number of UK respondents expect roughly 25% of the workforce would need retraining as a result of artificial intelligence (AI).

30 April 2024

APSCo launches manifesto to beat the skills crisis

The Association of Professional Staffing Companies (APSCo) has launched its manifesto, calling on political parties to boost the UK’s economic growth by strengthening the labour market.

New to Market 30 April 2024

UK fraud prevention service reveals rise in dishonest conduct by new recruits

Data sent to Cifas has revealed an increase in new recruits committing dishonest conduct against employers.

30 April 2024
Top