2016 has been a fantastic year for Principal People, where we have enjoyed record breaking success and have continued to build a phenomenal team.
The biggest news of the year has been the beginning of our five year acquisition by the Danish born recruitment organisation – The Juhler Group. This exciting deal has allowed our team to begin to realise international travel, widening our geographical footprint with over 40 offices within 7 countries. Our core brand will remain and we are very lucky to have the flexibility to continue to run the business independently.
Simon Bliss, our MD became the COO of the Juhler Group and we have already began internationally sharing best practice and client referrals.
Financially, our plans in December 2015 were to almost treble our profit. Ambitious plans, but I am delighted to say we have achieved this. Our turnover will exceed £3 million for the first time in our history, along with an impressive profit margin. It has taken a full team effort to make this happen and we are so proud of each member of our staff who have made these exceptional figures a reality.
We were delighted to see the following promotions across the year:
Along with another five promotions across other members of the team, we are pleased to see the progression of all our employees.
Our internal recruitment has gone very well, with a number of outstanding new team members who have already contributed substantially into our success, all being over target for the year. We have very high hopes for what they can deliver within 2017.
2016 was celebrated in style at our Christmas party, with a few sore heads in the morning!
Looking forward into 2017 and our growth plans will continue, with our turnover due to rise to £4 million with our profit due to increase by 30%. We have ambitious plans to recruit another 25% more staff, with 50% of our team inline for a promotion across the course of the year.
If you are interested in discussing how joining Principal People could benefit your career, please get in contact with Tara Waterman or Stephanie Francis on 01252 759 162.