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Goodman Masson records significant growth

LONDON, UK – 15th JULY, 2009 – Goodman Masson, the largest Independent Financial Recruitment business in the UK, records record quarter on quarter growth for first half of 2009. With a set of results that signals serious intent and confidence at the beginning of their growth agenda, Goodman Masson achieved 26% increase in Gross Margin performance in Q2 compared to Q1 2009. What adds to this achievement of growth in Gross Margin is combining this with a growth in fee earner headcount, productivity and Net Profit together with an increase in client base, job flow and candidates placed. Guy Hayward, CEO says of this performance ‘What strikes me is that not only has our performance this year been impressive, our pipeline of activity for continued progression is stronger than at any point this year. July will be our highest Gross Margin performance for 9 months and our strongest profit performance for a year’ What lies at the heart of this success is Hayward’s objective of making the agenda simple; outstanding employee engagement, strong execution of a sales strategy and being uncompromising on who he hires. Hayward comments ’We have made significant commitment to hiring the best talent that our market has to offer, with experience and a proven track record lying at the center of our selection agenda. We’re executing a sales strategy that brings intimacy to our clients. We’ve increased our client base by over 2,000 decision makers this year which has created the increase in job flow we have enjoyed. Hayward also comments on his approach to employee engagement ‘I’m convinced that what has contributed to our growth this year is the fact we have employee engagement that is second to none. We have increased our fee earner headcount by 20% since the turn of the year and have maintained a culture of a mature, serious and fun environment. The business has a voice, every month the employees tell me what they want and we ensure they get it. We’re all excited by what is happening here and are motivated by creating a very special business.’ For images and further information please contact:
Melissa Meadows, Marketing Communications Manager
020 7324 0530
melissa.meadows@goodmanmasson.com
Notes: 1. Goodman Masson was established in 1993, our main area of specialism is Finance which includes separate teams operating within Accountancy, Tax, Internal Audit and Treasury disciplines. In addition we have specialist business areas concentrating on Actuarial, Management Consultancy and Legal. 2. With revenues in excess of £15m there are currently 87 employees. 3. For more information visit our website at www.goodmanmasson.com