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

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

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 hasnt 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, weve 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 CVs, we secured a 41% increase in 1st round interviews and our candidate flow increased by more than 60%. Im delighted with the growth in sales pipeline although with greater competition and wider choices for candidates, converting this into Gross Margin has become more challenging.

That said our temp business deserves a special mention. They have enjoyed a very strong start to the year and weve doubled our temp base from 15 months ago with well over 300 Finance temps now working for us.

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