Permanent Recruitment Solutions treble
Over the last few years, Practicus has been witnessing a remarkable and sustained increase in its permanent recruitment solutions. Focussing on senior and specialist positions, the team have delivered growth of more than threefold over the last four years.
It’s no secret that talent has been proving scarce for many employers for some time now, particularly in the post-pandemic years where demand for labour has far exceeded supply1. In fact, it’s getting harder and harder for organisations to find top talent from mid-management to c-suite level, which is exactly where the Practicus permanent team focusses.
Despite this, Practicus is delivering record levels of hires, have just had its best quarter ever. Last year it grew by 36% and over the years from 2018 to 2023 the permanent business is now 3.5 times the size it was.
Michael Gater, who heads up our permanent recruitment solutions is immensely proud of the strides his team has made over the past four years, “Their dedication, professionalism and unwavering focus have been essential to the success we’ve achieved over a sustained period.”
He also believes there is a clear reason, “The growth clearly underscores the market’s appetite for a unique recruitment proposition that combines the urgency and laser focus of Practicus’s interim management heritage with an unparalleled ability to attract and hire senior-level talent on a permanent basis. Our clients recognise the value we bring to the table and it’s gratifying to see the fruits of the team’s hard work reflected in this substantial growth.”
“The growth clearly underscores the market’s appetite for a unique recruitment proposition that combines the urgency and laser focus of Practicus’s interim management heritage with an unparalleled ability to attract and hire senior-level talent on a permanent basis.”Michael Gater, Permanent Team Leader at Practicus
Growing permanent recruitment solutions
Several components have helped Practicus align its services with the market’s evolving needs.
Central to this is the company’s ability to understand both clients and job seekers and dig beneath the headline requirements to really understand the particular business challenges the candidate needs to be able to solve. The old recruitment mindset of simply being conversant with these topics is simply not good enough. Today’s recruiter really needs to be able to grasp these challenges and translate them into a compelling story for shrinking pools of talent.
Additionally, the firm’s wide-ranging industry experience and extensive candidate networks have played significant roles in aligning its services with market demands. With these resources, Practicus can quickly identify suitable senior-level candidates, reducing the recruitment timeline for client companies.
Moreover, Practicus’s commitment to maintaining long-term relationships post-placement has been a key element of their service approach. This helps ensure both candidates and client companies feel supported throughout the transition and ensures sustainable success with roles.
The growth of Practicus’s permanent recruitment solutions suggests a promising trajectory. But this is a critical time for the recruitment industry, with the continued scarcity of talent now combined with reducing levels of vacancies across sectors2. The firm’s ability to respond to market trends and maintain its service quality indicates potential for continued success.
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- Skills and labour shortages, House of Commons Library, Jan 10, 2023, commonslibrary.parliament.uk
- Labour market overview, UK: May 2023, Office for National Statistics, May 16, 2023, ons.gov.uk to Work, April 26, 2023, greatplacetowork.co.uk