MERJE reports 65% profit increase in H1
The company – which has experienced rapid growth since its launch in October 2011 – is on track to turn over £4.6 million by the end of 2015 – a 25 per cent increase on its forecasted figures.
Investing in technology to support its candidates in their job search has been a key focus for MERJE throughout 2015, which has put its fee income on track to reach £2.3 million.
As well as a huge increase in clients, MERJE has continued pick up preferred supplier list (PSL) status with a number of new organisations throughout the year, allowing the consultancy to build its reputation across its target sectors.
Since its launch, MERJE has quickly become one of the UK’s most successful independently-owned consultancies. It has adopted an ambitious growth strategy by continuing to bolster its team of specialists, in order to provide new offerings across the financial, audit, fraud, customer contact, compliance and risk markets.
Director, Richard Abelson, said: “In the first half of the year, we’ve continued to experience significant growth – so much so, that our figures are currently on track to eclipse those forecasted at the beginning of 2015.
“As well as our ever-expanding client portfolio and increased PSL placements, this growth can be attributed to the development of our specialist team. Each member of staff has an extensive background in their target sector, enabling them to provide dedicated expertise to our network of clients and candidates.
“Due to this success, we’ve also launched our own recruitment drive in a bid to further enhance the expertise we can provide, especially in the finance sector.”
MERJE boasts a 100 per cent staff retention rate, with five employees joining its team over the last year. The total number of staff has increased to 24, with the headcount expected to reach up to 30 by the end of 2015. This rapid expansion has also seen MERJE’s London-based office relocate to a larger space at Old Bailey.