Family-owned firm is UK’s fastest-growing private recruitment company
Russell Taylor Holdings says it has maintained its position as the UK’s fastest-growing privately-owned recruitment company.
For the second year running, the Wirral-based business – which last year achieved revenues of £133m and is predicting a figure of £150m for this year – has topped the 2020 Recruiter FAST 50 list compiled from detailed analysis by global finance house Clearwater International.
The research reveals that Russell Taylor Holdings, originally set up as a father and son operation and now with national headquarters at Burton Manor, achieved a compound annual revenue growth rate of 130.9% over the three financial years ending December 2018.
Its outstanding success in driving this growth was attributed to two vital factors – its family values and workplace culture.
Chief executive Ben Russell said: “The past few years have undoubtedly been the most challenging in our history.
“As well as moving our entire HQ to new premises and opening new offices across the country, we have constantly stuck to our ideals centred on everything we believe in as a family-run business.
“The vision that I, my father Peter and wife Claire had of running a reputable recruitment company staffed by a happy and fulfilled workforce, giving incomparable service and committed to the local community, has never wavered.
“In fact, this has become more apparent since our office move and the business has never been more community-focused.”
He added: “We are immensely proud that our small recruitment business, set up in 2005, is now turning over figures we could only dream of and is topping the FAST 50 list two years on the run.”
Russell Taylor Holdings has subsidiary companies of Russell Taylor Group, Recruit Right and NMS Recruit, spanning a range of sectors covering engineering, construction, industrial, manufacturing, scientific, commercial, telecoms, transport, logistics and distribution.
The group employs more than 400 staff and currently has its lowest staffing turnover rate to date.
Ben said: “Staff retention rates are high simply because of the way we treat our people. We pay well, we bonus well, develop and train our workforce and support them.
“Work-based learning is an important part of developing careers and our policy of creating ‘home-grown’ talent has resulted in many staff now becoming key members of the Russell Taylor team.”
Throughout its business journey Russell Taylor Holdings has supported more than 50 apprentices within all its subsidiaries, most of them now firmly positioned at the core of operations.
Apprenticeship programmes throughout the group have expanded in recent years to include recruitment sales, business administration, customer service, finance, IT and leadership development, all facilitated by sector-specific industry experts.