Recruiter continues to grow as employment freeze thaws
A Belfast recruitment firm has posted an eighth consecutive quarter of growth, it has been announced.
Brightwater's revenue rose by 83% in the third quarter of 2011, compared to like-for-like figures in 2010. It also says it is set to record a 35% increase on turnover this year compared with its £7m turnover for 2010.
The recruitment company said new contracts and a thawing of recruitment freezes contributed to the strong results.
Over the past 24 months, the Northern Ireland division has expanded, increasing staff from five to 16.
The company recently celebrated its 10th anniversary in Belfast and also has offices in Dublin and Cork.
Its clients include Citi Group, Fujitsu and Schraeder Electronics and it is also the recruitment partner for the Irish version of TV show The Apprentice.
Michelle Kearns, commercial manager of Brightwater's Belfast office, said the firm had responded proactively to market turbulence.
"We recognise that the market is still underperforming and many companies remain cautious with recruitment plans.
"This has resulted in a higher number of temporary and contract roles as employers need more staff to cope with their expanding business but are still cautious about hiring for permanent roles.
"The fact is that companies are still recruiting, but now the focus is on doing this smartly and strategically.
"We continue to stay close to our clients and have invested to expand our team of specialist consultants."