empresaria

The Future of Work: How AI is Reshaping the Workplace

Wed, 07 Aug 2024 10:21:16 GMT

Jun 10, 2024 by Magaly Sandiford

As AI continues to evolve, its impact on various sectors becomes more evident. From reshaping job roles to integrating into business processes, AI presents both challenges and opportunities. This article explores these transformations, drawing insights from our recent webinar "The Future of Work: The AI Debate", industry experts shed light on the complex relationship between AI and the future of work.

AI's Impact on Job Roles: Reskilling for the New Landscape

Shankar Nagalingam, VP of Human Resources at Lumileds, presents a thought-provoking statistic from the World Economic Forum. Their study predicts that AI will displace 85 million jobs globally by 2025. However, the outlook isn't entirely bleak. The same study suggests the emergence of 97 million new roles in the AI era. For example, emerging roles such as AI and machine learning specialists, data scientists, data analysts, robotic engineers, and digital transformation specialists. These roles will be in high demand across various fields, including HR, finance, and IT.

This underscores a critical point: AI isn't simply a job-killer; it's a catalyst for job creation, albeit in different fields. To thrive in this evolving landscape, workers will need to develop new skill sets.

Jobs most susceptible to automation involve repetitive tasks, data entry, and specific analytical functions. Sectors like HR, finance, and manufacturing are prime examples. However, the human element remains irreplaceable as Nagalingam points out, essential soft skills like critical thinking, emotional intelligence, and creativity, will become even more crucial.

Equipping the Workforce for the Future: Upskilling and Reskilling

“The future belongs to those who can adapt." This statement was mentioned by Elle Green, Head of Partnerships & Growth at Become Recruitment Australia, who further emphasizes the critical need for upskilling and reskilling the workforce. "The demand for digital and technological skills will soar," she says, alongside the continued importance of soft skills. This necessitates a two-pronged approach: individuals must take ownership of their professional development, and organizations must invest in training programs that equip employees with the skills needed to thrive in the AI landscape.

A Strategic Approach to AI Integration: Businesses Must Start Smart

The potential benefits of AI for businesses are vast, from increased efficiency and productivity to improved customer service and product development. However, Green warns against a ‘boil the ocean’ approach. Businesses must be strategic. Here, Green offers valuable advice, "Start small. Identify time-consuming tasks that AI can replace or augment. Look at current workflows to find areas ripe for efficiency gains through AI."

Green also highlights the importance of data quality, "Ensuring data quality is crucial, especially with multiple HR systems often not communicating effectively. Before integrating AI, evaluate and improve your data quality. Additionally, fostering a culture of AI adoption within the organization is key. This requires clear communication to address employee fears and varying levels of capability, along with adequate training.”

Incremental implementation, clear communication, and proper training are Green's key takeaways. Identifying early adopters within the organization and ensuring they're well-equipped to use AI is crucial. HR and marketing are likely to be the fastest adopters and could greatly benefit from AI.

Beyond the Technology: Fostering a Culture of AI Adoption

While technology is crucial, Sudhanshu Duggal, CIO of Digital and Business Transformation at Forbes Technology Council, reminds us that AI is ultimately a tool. Duggal offers valuable advice for businesses new to AI: "Clearly define the business problem you want to solve. Align with your leadership on the biggest problems AI can impact. Remember, technology is a means to an end, so get the fundamentals right. Establish a clear data strategy and experiment with proof-of-concepts."

Duggal advocates for the "10-20-70 rule": start with experiments (10%), scale successful ones (20%), and then maximize and realize value (70%). This involves reimagining your business, creating new processes, and ultimately transforming your organization. Fostering a learning culture and partnering with HR and other functions can significantly accelerate adoption and business impact for digital transformation initiatives.

Conclusion

AI is poised to transform industries, presenting both challenges and opportunities. While there are concerns about job displacement, the emergence of new roles highlights the potential for growth and transformation. For organizations, the key lies in incremental implementation, ensuring data quality, and fostering a culture of AI adoption. By aligning with leadership and focusing on clear business problems, businesses can harness the full potential of AI, transforming operations and driving future growth.

To delve deeper into the specific strategies and practical considerations for navigating AI at work, watch the full webinar here: The Future of Work: The AI-Debate

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The top 3 factors job seekers prioritise when deciding to join a new organisation

sandifordm@empresaria.com (Magaly Sandiford) — Mon, 10 Jun 2024 12:12:59 GMT

Apr 08, 2024 by Magaly Sandiford

The top 3 factors job seekers prioritise when deciding to join a new organisation

Empresaria Group recently conducted a survey of nearly 6,000 employees from different generations and industries around the world. The aim was to understand the top factors influencing employees to stay in or leave their current roles.

The survey explored the key factors that motivate employees to join a new organisation as well as the main drivers behind their decision to leave their employers.

The top reasons for seeking change included salary, poor management style, and lack of promotional opportunities. When evaluating new job offers, respondents highlighted salary, work-life balance, and the option for hybrid working as the most important factors.

Exploring the expectations of today's job seekers, we dig deeper into the data and analyse the key factors job seekers prioritise when deciding to join a new company.

1. The Power of Pay: Salary and Compensation

When asked to select the three most important factors in deciding whether to join a new organisation, 73% of respondents chose 'Salary.'

While less than half of the respondents expressed satisfaction with their current pay (47%), a majority (61%) received a salary increase within the last year, either in their current roles or upon changing jobs.

Among those who received a raise, 60% saw their salaries rise by less than 6%, with 3-6% being the most common increase. Additionally, 40% received even larger raises, with just over a fifth enjoying an increase of more than 10%.

This trend underscores the importance of competitive compensation packages in attracting and retaining talent. A whopping 82% of job seekers expect a salary increase within the next 12 months, with the majority (60%) hoping for an increase of more than 6%. While slightly below last year's levels, these figures indicate that salary remains a critical factor for employees considering a job change.

2. The Quest for Greater Work-Life Balance

More than ever, people are striving for a healthy work-life balance, so it's no surprise that this was a top factor among respondents when deciding to join a company.

When asked about the much-discussed '4-day week,' almost two-thirds (65%) of respondents reported that their current organisation do not offer this arrangement. However, among those that do, 23% continue to pay their employees the same salary for a day's less work.

But coming back to the term work-life balance, what exactly does this term mean to workers today? The definition of work-life balance has evolved dramatically over the past few years, with the decline of strict 9-to-5 hours and the increase in remote work.

Flexible schedules are a major part of how workers define work-life balance, but the concept has broadened. Instead of simply clocking out at 5 pm, work-life balance now encompasses a more individualised approach. It is no longer a one-size-fits-all equation.

In this new era, workers view work-life balance as the ability to tailor work around their own priorities. Employees themselves now define what constitutes 'balance,' rather than companies. The personal freedom to work when, where, and how best suits individual needs has become a new imperative for the workforce.

3. Hybrid Working and Work-from-Anywhere Models

This leads to the next top factor: hybrid work or the ability to work from anywhere. With this approach, employees are not restricted to a traditional office or fully remote setup. Instead, they operate in a space that combines the best of both worlds, promoting a better work-life balance, opportunities to collaborate, socialise, and network, and reduced commuting costs.

However, the evidence presents a mixed picture. When respondents were asked if they would be willing to work in an office five days a week, 68% answered yes, 18% said no, and 14% were unsure. And yet, when asked about the main driver for seeking a new job, 'a lack of flexibility’ ranked high on the list. This indicates that while the majority may be open to traditional work arrangements, companies that require a full-time office presence may find it challenging to attract top talent.

On the other hand, it’s important to recognise that the feasibility of hybrid work varies across industries and roles. Certain sectors, such as healthcare and construction, may not allow for remote work due to the nature of the job. Implementing hybrid work arrangements is trickier in these industries and may depend on the roles.

There are benefits for employers too. A hybrid setup can offer the opportunity to downsize and reduce the costs associated with maintaining a traditional office. However, implementing a hybrid work schedule requires a thought-through approach to managing workflow across teams, locations, and time zones.

The Bottom Line: Is Your Company Offering What Employees Really Want?

It is essential for employers to effectively promote their employee value proposition (EVP) to attract top talent. Empresaria Group's research shows that while salary is important, it is not the sole factor. Compensation is closely tied to opportunities for growth, development, and recognition. In addition to pay, poor management and limited chances for advancement are top reasons why employees leave their jobs.

Addressing the main priorities of job seekers when they are considering a new role is important to attract and retain talent. Apart from competitive pay, job seekers are increasingly interested in organisations that offer better work-life balance, hybrid work models, and focus on employee well-being and flexibility.

Aligning your EVP with these important factors can help create a strong proposition that not only draws in top talent but also boosts employee engagement, satisfaction, and long-term retention. These are essential strategies for organisations aiming to succeed in today's competitive talent market.

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Future of Work trends for 2024: Jobseeker insights to help propel business growth

Mon, 08 Apr 2024 16:38:41 GMT

Apr 08, 2024 by Magaly Sandiford

Future of Work trends for 2024: Jobseeker insights to help propel business growth

Uncertain times call for strategic moves. While recent economic fluctuations might cause concern, 2024 presents a bright spot for talent acquisition. Rising incomes, fuelled by the fight against inflation and a high demand for skilled workers, create a competitive hiring landscape. To thrive in this environment, employers need to sharpen their talent attraction and retention strategies.

Created in collaboration with our brands LMA Recruitment UK and Asia , Become Recruitment UK and Australia , and Monroe Consulting Group , our annual talent report provides a global overview of the factors shaping employees' workplace experiences and emerging trends.

Our latest annual talent report results reveal a dynamic job market, with over half (57%) of respondents actively seeking new roles and another third (34%) open to considering new opportunities.

What Drives Employee Movement?

We delve deeper to understand employee sentiment and the factors influencing their decisions to stay or leave. Key themes explored in the report include:

Return to Work vs. Hybrid: Do employees truly want to return to the office full-time? How do generational differences play a role?
The 4-Day Workweek: With successful trials gaining traction, will this become the new normal?
AI in the Workplace: While game-changing tools like ChatGPT and Bard are embraced, are companies adequately upskilling their workforce to adapt?
The Rise of ESG: Environmental, Social, and Governance practices are gaining momentum, driven by new regulations and motivated jobseekers who prioritize purpose and alignment with companies' sustainability efforts.

Interestingly, when asked about AI's impact, a majority (55%) believe it will enhance human capabilities and create new opportunities. Only 34% fear job displacement and potential career shifts due to AI. Don't miss out on these crucial insights!

Download the full report today!

The full report delves deeper into these critical areas, providing valuable insights into:

Employee Sentiment: Explore employees’ perspectives on the future of work.
The Future of Work Models: Understand employees' genuine preferences for work arrangements.
The Ongoing AI Debate: Will the benefits of AI outweigh concerns about job displacement?
Upskilling for the Future: Discover the pressing need to build an AI-ready workforce.
The Power of Purpose: Unpack the significance of ethical practices for employee attraction and retention.

About Empresaria

Empresaria Group plc, founded in 1996, is a leading global staffing provider with a presence in 16 countries across 6 diverse sectors. Fuelled by our passion for the staffing industry, we connect exceptional talent with top companies worldwide. Our annual report reflects the combined strength of our diverse brands. We meticulously collect data across our global network to ensure the highest quality and most up-to-date insights for our clients and candidates.

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Results for the six months ended 30 June 2023

Tue, 22 Aug 2023 06:14:32 GMT

Aug 22, 2023 by

europe, Recruitment, Staffing, Leaders, Empresaria

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Empresaria Group plc (AIM: EMR), the global specialist staffing group, is pleased to announce its unaudited interim results for the six months ended 30 June 2023.

Click here to download the full Interim Statement 2023.

For further information contact:

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Empresaria Group plc

Rhona Driggs, Chief Executive Officer
Tim Anderson, Chief Financial Officer

via Alma PR

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson/James Moat

020 7496 3000

Cenkos Securities plc (Joint Broker)

Katy Birkin / Charlie Combe (Corporate Finance)
Michael Johnson / Jasper Berry (Sales)

020 7397 8900

Alma PR (Financial PR)

Sam Modlin
Rebecca Sanders-Hewett
Hilary Buchanan

020 3405 0205 empresaria@almapr.com

Launch of LMA Recruitment in the US

Tue, 15 Aug 2023 06:38:09 GMT

Aug 15, 2023 by This is a placeholder and won't appear on the live site.

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Empresaria launches its Professional service offering, LMA Recruitment, in the US

Empresaria, the global specialist staffing group, is pleased to announce the launch of its Professional service offering, LMA Recruitment, in the United States.

LMA Recruitment in the US will initially target HR, business support, sales, marketing and operational skillsets. The launch follows a global rebrand of LMA Recruitment, Empresaria's lead Professional brand with offices in the UK and Singapore. This creates a new compelling opportunity to expand into new markets leveraging our existing expertise in this area.

The US was chosen as the first market for LMA's expansion due to demand for Professional staffing from existing clients of the Group's well-established IT and Healthcare operations within the US.

The launch is part of Empresaria's medium-term growth plans focussed around three key pillars: accelerating growth in high potential sectors, diversifying its service offering and growing Offshore Services.

Rhona Driggs said: "This exciting launch in our Professional sector will enable us to build scale in our US market. We have strong relationships within the US and are seeing early success in bringing more value to our existing clients."

- Ends -

Enquiries

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Empresaria Group plc

Rhona Driggs, Chief Executive Officer
Tim Anderson, Chief Financial Officer

Singer Capital Markets (Nominated Adviser and Joint Broker)

Shaun Dobson / James Moat

Cenkos Securities plc (Joint Broker)

Katy Birkin / Charlie Combe (Corporate Finance)
Michael Johnson / Jasper Berry (Sales)

Alma (Financial PR)

Rebecca Sanders-Hewett / Sam Modlin / Hilary Buchanan / Pippa Crabtree

via Alma PR

020 7496 3000

020 7397 8900

020 3405 0205
empresaria@almapr.co.uk

Notes for editors:

Empresaria Group plc is a global specialist staffing group. We are driven by our purpose to positively impact the lives of people, while delivering exceptional talent to our clients globally. We offer temporary and contract recruitment, permanent recruitment and offshore services across six sectors: Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Services.
Empresaria is structured in four regions (UK & Europe, APAC, Americas and Offshore Services) and operates from locations across the world including the four largest staffing markets of the US, Japan, UK and Germany along with a strong presence elsewhere in Asia PacificandLatin America.
Empresaria is listed on AIM under ticker EMR. For more information visit empresaria.com.

Results for the year ended 31 December 2022

Mon, 27 Mar 2023 06:58:49 GMT

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Empresaria, the global specialist staffing group, reports its final results for the year ended 31 December 2022.

*1 Adjusted to exclude amortisation of intangible assets identified in business combinations, impairment of goodwill and other intangible assets, exceptional items, fair value charges on acquisition of non-controlling shares and, in the case of earnings, any related tax.

*2 The constant currency movement is calculated by translating the 2021 results at the 2022 exchange rates.

Solid growth in net fee income
Up 10% year-on-year to £65.4m
Year-on-year growth in every quarter, but softening as the second half progressed
Offshore Services up 75% year-on-year
Strong growth in Professional across theUKand APAC
Partially offset by the expected reduction in Healthcare after a record 2021
Adjusted operating profit up 10% to £10.2m
Adjusted profit before tax up 5% to £9.0m
Adjusted, diluted earnings per share up 2% against prior year reflecting weighting of performance towards operations with a higher proportion of non-controlling interests
Adjusted net debt of £7.9m, reduced by £6.1m from 31 December 2021
Proposed dividend of 1.4p per share, an increase of 17% reflecting the Board's confidence in the Group's prospects and its strong cash generation
Targeted investment in headcount - Offshore Services up 27%, the rest of the Group up 8% compared to 31 December 2021
Increase in staff productivity - up 6% year-on-year
Two new Non-Executive Directors, Steve Bellamy and Ranjit de Sousa, appointed in January 2023 and February 2023 respectively
Penny Freer appointed as Chair of the Board, having been Interim Chair since June 2022

Chief Executive Officer, Rhona Driggs, commented:

"We are pleased to have delivered solid growth in both net fee income and profits against a rapidly changing economic backdrop which saw demand soften in the second half of the year. We continue to see the benefits of our diversification and are starting to see the positive results from the targeted investments we have made in people, technology and process as evidenced by our strong growth in Offshore Services, our early success in delivering Recruitment Process Outsourcing in APAC, and an increase of 6% in staff productivity.

We look forward to the year ahead with some caution given the ongoing global economic uncertainty. We will continue to focus on executing on ourRoadmap to £20m to deliver on our medium-term ambition to double adjusted operating profit."

Investor presentation

In line with Empresaria's commitment to ensuring appropriate communication structures are in place for all sections of its shareholder base, management will deliver an online results presentation open to all existing and potential investors via the Investor Meet Company platform on Tuesday 28 March 2022 at 3:00pm UK time.

Investors can sign up for free via: https://www.investormeetcompany.com/empresaria-group-plc/register-investor .

The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under theUKversion of the EU Market Abuse Regulation (2014/596) which is part of UK law by virtue of the European Union (Withdrawal) Act 2018, as amended and supplemented from time to time.

Notes for editors:

Empresaria Group plc is a global specialist staffing group. We are driven by our purpose to positively impact the lives of people, while delivering exceptional talent to our clients globally. We offer temporary and contract recruitment, permanent recruitment and offshore services across six sectors: Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Services.
Empresaria is structured in four regions (UK & Europe, APAC, Americas and Offshore Services) and operates from locations across the world including the four largest staffing markets of the US, Japan, UK and Germany along with a strong presence elsewhere in Asia Pacific and Latin America.
Empresaria is listed on AIM under ticker EMR. For more information visit empresaria.com.

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Embracing Equity at Empresaria

Tue, 07 Mar 2023 07:43:21 GMT

Mar 07, 2023 by

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This year's theme for International Women’s Day is #EmbraceEquity . The aim of the campaign theme is to understand the difference between equity and equality and get the world talking about why equal opportunities aren't enough. People start from different places, so true inclusion and belonging require equitable action.

By challenging gender stereotypes, calling out discrimination, drawing attention to bias, and seeking out inclusion we can create a fair and equal world for all.

“Equity goes beyond having a mix of gender, generation and people from different cultural backgrounds. It is about embracing and celebrating all differences as well as creating a work environment where everyone is and feels seen, heard and valued. This creates a sense of safety and trust, promoting belonging which we embrace at LMA.”

Nikolai Balzer, LMA Recruitment UK

“We are a global business currently working with clients across 5 continents and candidates from 6 continents! Though we see women at all levels of aviation, representation is out of balance. We are fortunate to have some trailblazing women in aviation joining us next week for a webinar to discuss the important topic of gender diversity in our industry and how we can empower girls and young women to choose a future in the so-far typically male dominated environments of the cockpit or engineering. Our speakers from Africa and Europe will bring a wealth of knowledge and experience of the different levels of encouragement, support and opportunities needed across continents to work towards gender equity.”

Lisa Evans, Rishworth Aviation

“Equality is one of the core values at Medikumppani and therefore it’s embraced every day in many ways. In our team each thought, and idea is heard, valued and appreciated. We understand that the best ideas are evolved together and therefore every role is equally important. Everyone is supported and offered the same fair opportunities to grow and every victory, big or small, deserves celebration. We understand that the way we treat, and respect others is always benefiting our candidates and clients too.”

Teija Koskinen, Medikumppani

“At Monroe, each job grade is paid the same, no matter age, gender, sexual orientation, or anything else. Every one of us have the same opportunity for promotion based on ability, facts and figures, not preferential treatment. In 18 years of this career, this is the only place I have known to operate like this.”

Kitty Noble, Monroe Consulting Thailand

“Here at Become, we always employ the best person for the job regardless of their gender, heritage, sexuality, or background. Over the years we’ve employed people from many different walks of life, and what I’ve learnt is that every individual is unique, so one size doesn’t fit all. We have an open office that celebrates equality and doesn’t tolerate discrimination of any kind. We try and make the workplace an inclusive, safe space where everyone can express their true authentic selves. 60% of our current team is female and we’ve always naturally had a higher ratio of women to men. We offer flexibility when it comes to things like childcare as juggling full-time careers with family can sometimes be tricky and unpredictable!”

Justin Moore, Become Recruitment

“We, at IMS, believe and strive to live, practice, and experience our values. I will take an example of one of our values, care. Respecting everyone and their perspectives, getting into their world, and nurturing relationships. Equality and diversity are at the heart of everything we do. Every individual may face unique personal and professional situations in their life. We understand their world by offering committed listening and providing support to the individuals. We manage such situations with the utmost care, and support them as much as we can, so that they can flourish.”

Swati Pandit, IMS Group

"As an employer, Become support and embrace working parents/working mums with the daily juggle with work, life balance! They offer hybrid working and flexible working arrangements. There is a strong “family comes first” approach which is supported by the management team, and the rest of the Become team!"

Kim Leavy, Become Recruitment

"At Grupo Solimano, we value and respect women in their different roles (mother, wife, daughter, grandmother, worker, etc.), all of which are accomplished with energy, courage, enthusiasm, creativity, and ingenuity. On this very special Women's Day, we want to tell you that we admire you for the fundamental and relevant role you play in the lives of all your families."

Luz Maria Huayllani Soria, Grupo Solimano

"At Become, I feel valued in not just being given equal opportunities to my peers with regards to promotion and progression, but my opinions and ideas are listened to, understood and encouraged. I always feel confident in my role to contribute input which makes me feel respected and appreciated."

Amelie De Candolle, Become Recruitment

To find out more about this year’s theme, visit the website: https://www.internationalwomensday.com/Theme

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Appointment of Independent Non-Executive Director

Mon, 20 Feb 2023 05:50:18 GMT

Feb 20, 2023 by Erin Smyth

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Empresaria is pleased to announce the appointment of Ranjit De Sousa to the Board as an Independent Non-Executive Director, with immediate effect. Ranjit will join the Audit, Remuneration and Nomination Committees upon appointment.

Ranjit has a particular expertise in strategic and digital transformation and is currently the Managing Director of The Coalyard, an advisory business he founded in 2021 to advise on strategic focus, growth acceleration and funding of ventures including in the work-tech sector. In his 16-year career with The Adecco Group, Ranjit held a number of senior executive roles, most recently as Global President of Lee Hecht Harrison where he delivered market leading growth rates and two consecutive years of record performance. Ranjit was also a former Board Member of the World Employment Confederation.

Penny Freer, Interim Chair, commented:

"It is a great pleasure to welcome Ranjit to the Empresaria Board. His deep sector expertise, coupled with his experience of scaling organisations through digital innovation, brings a unique skillset to Empresaria. Having led large operations across multiple geographies, Ranjit brings with him a wealth of experience which will complement and strengthen our existing Board and support our growth ambitions."

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Tackling the Great Talent Paradox: A roadmap for hiring and retention success in 2023

Wed, 25 Jan 2023 09:09:45 GMT

Jan 25, 2023 by Erin Smyth

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Despite looming economic uncertainty and the likelihood of recession in many economies, global job vacancies remain high with unemployment levels at historic lows. Employers are battling with not only finding the right talent for their organisation but retaining existing employees as attrition rates sore in many sectors.

We recently surveyed over 3,000 employees working across all sectors, and with a global geographical spread, to find out what is important to employees as we enter 2023. We wanted to uncover how employees are feeling about their world of work and what makes them stay or leave their employers.

A key theme of our findings was employee dissatisfaction. Our research revealed:

Almost half of respondents (48%) had changed jobs in 2022
The majority (51%) are already actively looking for their next role
Over a third (37%) are open to new opportunities
A staggering 88% aren’t happy in their current roles

From salary and benefits to flexible and remote working, from career development and upskilling to DEI and ESG, in our latest report we address the key themes and questions that will occupy the minds of HR and business leaders in 2023, including:

How much truth is there in the phenomenon of ‘quiet quitting’?
How much time do employees want to spend in the office vs. at home?
What are the secrets to success when it comes to talent attraction and retention?
What should employers do to counter the scourge of stress and burnout?
How can companies improve DEI outcomes and create more inclusive environments?

By dissecting our survey findings and unearthing what candidates want and the areas employers must focus on in 2023, we help our clients to remain competitive.

To read the full report, click here.

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Appointment of Independent Non-Executive Director

Sun, 15 Jan 2023 09:16:00 GMT

Jan 15, 2023 by Erin Smyth

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Empresaria is pleased to announce the appointment of Steve Bellamy to the Board as an Independent Non-Executive Director, with immediate effect. Steve will join the Audit, Remuneration and Nomination Committees immediately on appointment and Penny Freer will stand down from the Audit Committee.

Steve is a Chartered Accountant with extensive experience as a chair and non-executive director with a wide range of both public and private companies. He is currently the Senior Independent Director at Caffyns PLC and prior recent appointments include Non-Executive Director of Advanced Medical Solutions Group plc and Michelmersh Brick Holdings plc, and Chairman of Becrypt Limited and Concirrus Limited. Steve was also formerly Chief Operating Officer and Finance Director of Sherwood International plc.

Further to the Company's announcement on 6 June 2022, the process is ongoing to appoint an additional independent Non-Executive Director and a further announcement will be made in due course.

Penny Freer, Interim Chair, commented:

"I am delighted to welcome Steve to the Empresaria Board. He has extensive experience of working with ambitious growth companies, as well as a strong focus on strategic planning and execution. His skill set will both complement and further strengthen our Board as we continue to execute our strategy."

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Empresaria Group plc named on SIA’s 2022 list of Fastest-Growing US Staffing Firms

Sat, 24 Sep 2022 06:53:02 GMT

Sep 24, 2022 by Erin Smyth

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SIA’s annual list recognizes US Staffing Firms that achieved significant organic growth over five years.

Empresaria has been named on the 2022 list of Fastest-Growing Staffing Firms in the US. Published annually by Staffing Industry Analysts (SIA) – the global advisor on staffing and workforce solutions – the list ranks US firms by compound annual growth rate (CAGR) for staffing revenue over five years.

Empresaria’s brands located in the United States are Medical Recruitment Strategies and ConSol Partners which operate in the Healthcare and IT sectors respectively. The recognition by SIA reflects the excellent service our teams have provided to our clients over the past five years, including during 2020 and 2021 when COVID was a significant impact.

Garrick Cooper, President, North America Empresaria, spoke on the recognition:

“We are proud of being named as part of the 2022 list of Fastest-Growing US Staffing Firms. This is a testament to the discipline, dedication and perseverance of our sales, recruiting, and operations teams across the Empresaria brands in the US. Our Healthcare operation, Medical Recruitment Strategies, delivered to explosive demand, when our clients and communities needed support the most. Our specialty IT operation, ConSol Partners, saw continued growth across the rapidly evolving technology sector. Together, Empresaria is committed to positively impacting the lives of people, while delivering exceptional talent to our clients”

To be considered one of the Fastest-Growing Staffing Firms, companies must meet a minimum revenue threshold of $1 million in 2017 and have had a CAGR of at least 15% between 2017 and 2021. Each staffing firm is profiled online at fastestgrowing.staffingindustry.com .

About Empresaria

Empresaria Group plc, a global specialist staffing group, operates in 19 countries, but supplies to numerous others. The 6 diverse sectors Empresaria supplies global recruitment solutions for are Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Services. Founded in 1996, we are motivated by our passion for the staffing industry and are dedicated to making a positive difference in people's lives while providing exceptional talent to our clients. Empresaria Group plc is publicly listed on the London Stock Exchange.

About ConSol Partners

With offices in Austin and London, ConSol Partners provides permanent and contract recruitment solutions to FTSE & Fortune 500 companies, global brands and start-ups in the core technology domains of Artificial Intelligence & Emerging Technologies, Information Technology, Enterprise & Cloud, Software & Web Development, FinTech & Banking and Broadcast & Video Technology. Since 2008, ConSol Partners has established themselves as one of the world’s leading technology recruitment brands.

Find out more, or contact ConSol Partners, here.

About Medical Recruitment Strategies

Medical Recruitment Strategies have been providing recruitment services to the healthcare industry since 2004. Headquartered in Stoneham, Massachusetts, Medical Recruitment Strategies specializes in the placement of professionals in pharmacies, hospitals, healthcare organizations and life science industries optimizing the job search and placement process across the United States and Puerto Rico.

Find out more, or contact Medical Recruitment Strategies, here.

About Staffing Industry Analysts (SIA)

Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labor. SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services. We also provide training and accreditation with our unique Certified Contingent Workforce Professional (CCWP) program.

Known for our award-winning content, data, support tools, publications, executive conferences and events, we help both suppliers and buyers of workforce solutions make better-informed decisions that improve business results and minimize risk. As a division of the international business media company, Crain Communications Inc., SIA is headquartered in Mountain View, California, with offices in London, England. Learn more at staffingindustry.com .

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Results for the six months ended 30 June 2022

Wed, 10 Aug 2022 07:01:29 GMT

Aug 10, 2022 by Erin Smyth

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Empresaria Group plc (AIM: EMR), the global specialist staffing group, is pleased to announce its unaudited interim results for the six months ended 30 June 2022.

Click here to download the full Interim Statement 2022.

For further information contact:

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Empresaria Group plc

Rhona Driggs, Chief Executive Officer
Tim Anderson, Chief Financial Officer

via Alma PR

Singer Capital Markets (Nominated Adviser and Broker)

Shaun Dobson/James Moat

020 7496 3000

Alma PR (Financial PR)

Sam Modlin
Hilary Buchanan

020 3405 0205 empresaria@almapr.com

Empresaria announces retirement of Chair Tony Martin CBE

Sun, 05 Jun 2022 07:19:36 GMT

Jun 05, 2022 by Erin Smyth

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Empresaria, the global specialist staffing group, announces that Tony Martin CBE, Non-Executive Chair, has taken the decision to retire from his position on the Board of Directors with effect from today. Tony joined the Empresaria Board in 2004 as Chair, following an extensive career in the staffing sector, leading some of the world's largest international staffing companies. Tony is also the founder of a charitable foundation and last week was made a Commander of the British Empire (CBE) for his charitable services .

Penny Freer, a Non-Executive Director since 2005, will be appointed as interim Chair with effect from today. The Board's Nomination Committee is leading the process to appoint two new independent Non-Executive Directors to strengthen the Board and Committees and ensure that Empresaria continues to be best positioned to deliver on its strategy and growth ambitions. Further announcements will be made in due course.

Zach Miles, Non- Executive Director of Empresaria said: "Having worked with Tony for over three decades, I have greatly valued his insights throughout my career. His deep knowledge of the staffing sector has helped to guide Empresaria over the past 18 years. I thank Tony for his service to Empresaria and wish him all the very best following his retirement."

Rhona Driggs, CEO of Empresaria said: "For nearly 20 years Tony has played an instrumental role on the Empresaria Board. His strategic insights and track record of execution have made Tony a valuable advisor to the business. I am very grateful for all the significant contributions he has made not only to Empresaria, but to the industry as a whole."

On his retirement, Tony Martin said: "It has been an honour to serve Empresaria for the past 18 years in the role of Chair. Empresaria is in an excellent position with a strong leadership team, and it therefore feels the right time to transition to full retirement and concentrate on my Charitable Foundation. A successful staffing company needs vision, innovation, business ingenuity, efficient implementation and a competitive spirit and I am proud of what we have built together. I am confident that Empresaria has a bright future ahead. I would also like to take this opportunity to thank Staffing Industry Analysts for their Hall of Fame and leadership awards."

Enquiries:

Notes for editors:

Empresaria Group plc is a global specialist staffing group offering temporary and contract recruitment, permanent recruitment and offshore recruitment services across 6 sectors: Professional, IT, Healthcare, Property, Construction & Engineering, Commercial and Offshore Recruitment Services.
Empresaria operates from locations across the world including the 5 largest staffing markets of the US, Japan, UK, Germany andAustralia along with a strong presence elsewhere in Asia Pacific and Latin America.
Empresaria is listed on AIM under ticker EMR. For more information visit empresaria.com.

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Empresaria Chair receives CBE in Queen’s Birthday Honours list 2022

Wed, 01 Jun 2022 07:27:44 GMT

Jun 01, 2022 by

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Empresaria Chair, Tony Martin, has today been made a Commander of the British Empire (CBE) for his charitable services. The CBE is the highest-ranking Order of the British Empire award, given to those who have made a positive impact through their work. Tony founded the Anthony V Martin Charitable foundation in 2001. The Foundation seeks to improve the lives of animals in many ways and without restriction as to geography. The Foundation enables significant collaboration with domestic and international charities and is committed to providing life-saving veterinary care, food, and sanctuary to promote the physical, psychological, and emotional wellbeing of animals.

Tony, who lives in Buckinghamshire, has been a prominent figure in the staffing sector for the past 30 years, developing and managing some of the world’s largest international staffing companies. Tony is looking to replicate this success in his bid to support animal welfare around the world.

On receiving this recognition, Tony Martin CBE, said “This recognition is a great honour. My charitable foundation, which was established over 20 years ago, is mainly involved in improving animal welfare, for example the eradication of trophy hunting and the eating of dogs and cats in other countries. So far over a million dogs have been saved, and this continues to increase rapidly.”

Rhona Driggs, Empresaria CEO said: “We are delighted to see Tony recognised for his work through the Foundation. His dedication to animal welfare is truly remarkable and we are so happy to see this acknowledged.”

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Results for the year ended 31 December 2021

Thu, 17 Mar 2022 08:39:24 GMT

Mar 17, 2022 by Erin Smyth

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Empresaria Group plc (“Empresaria” or the “Group”)

Results for the year ended 31 December 2021

Strong net fee income growth and 65% increase in profit, benefiting from the Group’s diversification

Empresaria, the global specialist staffing group, reports its unaudited preliminary results for the year ended 31 December 2021.

Highlights

Progressive growth in net fee income
H2 up 21% on prior year (up 26% in constant currency)
Full year up 10% to £59.5m (up 14% in constant currency)
Strong growth in profits
Adjusted profit before tax up 65% to £8.6m
Adjusted, diluted earnings per share up 110% to 8.6p, slightly ahead of 2019
Benefits from diversification by geography and sector demonstrated again
Record net fee income and profit in Healthcare and Offshore Recruitment Services sectors
Strong growth in profits in Professional and IT
More than offsetting challenges in aviation and logistics
Strategic and operational investments accelerated
Investment in new regional structure and senior leadership
More than half the Group live on our common front office platform with nine more locations added in the year
Increased working capital requirements resulted in a £0.4m increase in adjusted net debt to £14.0m
Proposed dividend of 1.2p per share, an increase of 20%

*2 The constant currency movement is calculated by translating the 2020 results at the 2021 exchange rates.

Chief Executive Officer, Rhona Driggs, commented:

“We are pleased to have delivered 65% growth in profit and progressive growth in net fee income, again supported by our diversity by both geography and sector. The shift from recovery mode to growth mode has enabled us to continue to make significant investments in the future of the Group both in our leadership team and our technology.

Our teams around the world have done an incredible job of navigating the pandemic in 2021 and I am proud of their continued resilience and commitment. We have made great progress with our Stronger Together initiatives, which are aimed at driving greater synergies and collaboration across the Group and it is particularly pleasing to see the impact this has had on our culture. Testament to this is our recent award of 3rd place in the ‘Top 100 Staffing Firms to Work For in 2022’ at the World Staffing Summit.

I also want to acknowledge the devasting events unfolding in Ukraine. Our heartfelt thoughts go out to all the people in Ukraine. We are actively looking at ways in which our businesses can contribute to helping those impacted by the conflict. It is too early to know how the developing situation will affect the global economy. We are not experiencing any significant direct impact at present as we do not have operations in either Russia or Ukraine.

We look forward to the year ahead with optimism. Our steadfast focus on our strategic initiatives along with the investments we have made leave us well positioned for growth and we are confident on demonstrating this potential in 2022.”

Investor presentation

In line with Empresaria’s commitment to ensuring appropriate communication structures are in place for all sections of its shareholder base, management will deliver an online results presentation open to all existing and potential investors via the Investor Meet Company platform on Thursday 17 March 2022 at 12:30pm UK time.

Investors can sign up for free via: https://www.investormeetcompany.com/empresaria-group-plc/register-investor .

Questions can be submitted pre-event through the platform or at any time during the live presentation. Management may not be in a position to answer every question it receives but will address those it can while remaining within the confines of information already disclosed to the market.

Q&A responses will be published at the earliest opportunity on the Investor Meet Company platform. Those who have already registered and requested to meet the Company will be automatically invited.

Enquiries:

Empresaria Group plc via Alma PR

Rhona Driggs, Chief Executive Officer

Tim Anderson, Chief Financial Officer

Singer Capital Markets (Nominated Adviser and Broker) 020 7614 3000

Shaun Dobson

James Moat

Alma PR (Financial PR) 020 3405 0205, empresaria@almapr.com

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Rebecca Sanders-Hewett
Sam Modlin
Hilary Buchanan
David Ison

Notes for editors:

Empresaria Group plc is a global specialist staffing group offering temporary and contract recruitment, permanent recruitment and offshore recruitment services across 6 sectors: Professional, IT, Healthcare, Property, Construction and Engineering, Commercial and Offshore Recruitment Services.
Empresaria operates from locations across the world including the 5 largest staffing markets of the US, Japan, UK, Germany and Australia along with a strong presence elsewhere in Asia Pacific and Latin America.
Empresaria is listed on AIM under ticker EMR. For more information visit empresaria.com.

For the full announcement, click here.

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Empresaria Group awarded 3rd place in the ‘Top 100 Staffing Firms to Work For in 2022’

Thu, 03 Feb 2022 08:59:58 GMT

Feb 03, 2022 by Erin Smyth

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Empresaria has been awarded 3rd place in the ’Top 100 Staffing Firms to Work For in 2022’, by Candidate.ly (the client portal for Bullhorn) in coordination with the World Staffing Summit.

The Top 100 Staffing Firms to Work For, is voted for by employees and the public and this year’s winners were announced during the World Staffing Summit on January 28th. In total 556 companies were nominated in 2022 and 3995 votes were cast for the top 10 companies.

With a headcount of 2,700, Empresaria operates across 6 sectors from 19 country locations worldwide.The Group’s ‘Stronger Together’ initiative introduced in 2019 has focused on building a culture of collaboration across what was traditionally a siloed collection of brands.

Through group wide initiatives, such as DE&I, training and leadership programmes, relationships have been built across brands allowing the Group to deliver a more centralised customer experience across a large global geographical footprint and diverse businesses.

The personal development of employees has benefitted hugely from the perspective and expertise of others within the Group. Being part of Empresaria not only provides employees with the input and inspiration of industry leaders and experts, but also access to the very best and latest technology and software, enabling a competitive advantage in the industry.

The Group recently implemented a new regional structure and appointed three senior regional leaders to better leverage synergies and cross-selling potential, enhance operating models to scale the businesses more effectively and drive a performance-based culture.

Rhona Driggs, CEO Empresaria, spoke on the Group’s recognition:

‘We are absolutely delighted to be awarded 3rd place in the Top 100 Staffing Firms to work for in 2022. This is a true testament to the focus we have placed on driving a collaborative and positive culture across the Group over the past few years. Through our ‘Stronger Together’ initiative we have implemented key initiatives aimed at bringing the Group closer together. These include the implementation of our global internal collaboration platform (Workplace), training & development programs and the launch of our Diversity, Equality and Inclusion Committee to ensure we create an environment where everyone can feel safe, heard and respected at work. I am proud of what we have achieved as a Group in a short period of time and look forward to continuing to make Empresaria a great workplace.’

See the full list of Top 100 Staffing Firms to Work For.

empresaria

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​Results for the six months ended 30 June 2023

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Empresaria Group plc

Singer Capital Markets (Nominated Adviser and Broker)

Cenkos Securities plc (Joint Broker)

Alma PR (Financial PR)

Launch of LMA Recruitment in the US

Enquiries

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Empresaria Group plc

Singer Capital Markets (Nominated Adviser and Joint Broker)

Cenkos Securities plc (Joint Broker)

Alma (Financial PR)

Results for the year ended 31 December 2022

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Embracing Equity at Empresaria

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Appointment of Independent Non-Executive Director

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Appointment of Independent Non-Executive Director

Penny Freer, Interim Chair, commented:

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Empresaria Group plc named on SIA’s 2022 list of Fastest-Growing US Staffing Firms

About Empresaria

About Medical Recruitment Strategies

About Staffing Industry Analysts (SIA)

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​Results for the six months ended 30 June 2022

Click here to download the full Interim Statement 2022.

For further information contact:

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Empresaria Group plc

Singer Capital Markets (Nominated Adviser and Broker)

Alma PR (Financial PR)

Empresaria announces retirement of Chair Tony Martin CBE

Enquiries:

Notes for editors: ﻿

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Empresaria Chair receives CBE in Queen’s Birthday Honours list 2022

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Results for the year ended 31 December 2021

Empresaria Group plc (“Empresaria” or the “Group”)

Results for the year ended 31 December 2021

Strong net fee income growth and 65% increase in profit, benefiting from the Group’s diversification

Highlights

Chief Executive Officer, Rhona Driggs, commented:

Investor presentation

Enquiries:

Empresaria Group plc via Alma PR

Singer Capital Markets (Nominated Adviser and Broker) 020 7614 3000

Alma PR (Financial PR) 020 3405 0205, empresaria@almapr.com

Notes for editors:

SHARE THIS BLOG

Empresaria Group awarded 3rd place in the ‘Top 100 Staffing Firms to Work For in 2022’

Rhona Driggs, CEO Empresaria, spoke on the Group’s recognition:

SHARE THIS BLOG

Future of Work trends for 2024: Jobseeker insights to help propel business growth

Future of Work trends for 2024: Jobseeker insights to help propel business growth

Results for the six months ended 30 June 2023

Results for the six months ended 30 June 2022

Notes for editors: