About Us > Press

Record activity levels have been the story of Q1 for Goodman Masson

LONDON, UK – 31st MARCH, 2011. Goodman Masson, the largest Independent Financial Recruitment business in the UK, has seen record activity levels in the first Quarter of 2011. In the first three months of 2011 Goodman Masson has seen a dramatic increase in activity levels and demand from the markets in comparison to any period in 2010, yet significant Gross Margin increase hasn’t necessarily followed. Guy Hayward, CEO says of this performance ‘The first quarter has been somewhat of a conundrum. Our activity levels have seen significant increase from last year, we’ve secured a host of new client wins, our temp business has been immense although our 12% year on year growth in sales seems somewhat of an anticlimax.’ ‘Comparing weekly activity to the last 6 months of 2010 our job flow increased by 34%, we sent 33% more CV’s, we secured a 41% increase in 1st round interviews and our candidate flow increased by more than 60%. I’m delighted with the growth in sales pipeline although with greater competition and wider choices for candidates, converting this into Gross Margin has been challenging.’ ‘That said our temp business deserves a special mention. They have enjoyed a very strong start to the year and we’ve doubled our temp base from 15 months ago with well over 300 Finance temps now working for us.’ For further information please contact:
Keiley Yeates, Goodman Masson
020 7324 0503
keiley.yeates@goodmanmasson.com
Notes: 1. Based solely in London, Goodman Masson is the largest Independent Financial Recruiter in the UK and has been recruiting professionally qualified accountants and other finance professionals for over 17 years. 2. Their specialism operates within the Finance and Banking markets covering Accountancy, Tax, Treasury, Internal Audit, Actuarial, Management Consultancy, Banking Operations and Front Office. 3. With revenues in excess of £20.5m there are currently 127 employees. 4. We were awarded ‘Growth Company of the Year – 2010’ at the annual Recruitment International Awards with Gross Margin passing £10.1m in 2010 compared to £6m in 2009. 5. On February 24th 2011 we were ranked Number 2 in the ‘Sunday Times 100 Best Small Companies to Work For’, and 1st in a range of sub categories. This is the highest ever position for a first time entrant. 6. The company’s growth has been built around their knowledge and expertise within the Finance markets and in 2010 they worked on 2,464 vacancies in 1,491 separate organisations. Their client portfolio ranges from the FTSE 100 (67 out of 100) to small entrepreneurial start ups and from Global Investment Banks through to independent media houses. 7. For more information visit their website at www.goodmanmasson.com