Robert Walters celebrates a 17 per cent recruitment fee surge

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  • Company sees biggest growth in Germany, Spain and the Netherlands 
  • UK economy continues to shrug off fears of a Brexit-induced hiring freeze

Joe Whitwell For Thisismoney.co.uk

Recruitment company Robert Walters enjoyed first quarter success with a 17 per cent increase in recruitment fee revenue.

Europe saw an impressive growth rate of 32 per cent with the biggest growth countries, Germany, Spain and the Netherlands each growing over 35%.

In the UK there was significant growth outside of the capital with Manchester, Milton Keynes and St Albans being hailed as standout stars.

Robert Walters enjoyed a 17 per cent increase in recruitment fee revenue

Robert Walters enjoyed a 17 per cent increase in recruitment fee revenue

Robert Walters enjoyed a 17 per cent increase in recruitment fee revenue

UK Q1 fee income was up 6 per cent at £25.2 million with the economy continuing to shrug off fears of a Brexit-induced hiring freeze.

Such results tally with data released from the Office for National Statistics showing a job surge of 168,000 in the quarter to January. 

Employment now stands at a record 32.2 million

The expensive London housing market was cited as one of the reasons for the regions playing host to such impressive job growth as recent university graduates rebel against the previously well beaten path to the big smoke, opting instead for the chance to get on the housing ladder earlier.

Further afield, fee income for Asia Pacific was up 11% at £32.6 million for the first three months of the year.

 

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