Maybe you should be working for Robert Walters

10 February 2011

1 minute read

Maybe you should be working for Robert Walters

Working in recruitment is not as prestigious as working in investment banking. And working for a recruitment firm which mostly deals in contingent hires is not nearly as prestigious as working for an International Search Firm.

Despite this, recruiter Robert Walters has much to recommend it.

According to analysts at RBS, Robert Walters' share price is liable to rise by 28% in the near future

They base this prediction on the fact that Robert Walters does much business in Asia Pac, which happens to be where all the action is.

In 2010, for example, the Asia Pac region is expected to contribute almost half of Robert Walters' net fee income. In last month's trading update Q4 net fee income across the group was up 42% year on year. And by 2012, RBS analysts think Robert Walters will be 35% bigger than it was in 2010.

Even better, Robert Walters appears to be very keenly hiring.

Last year, it recruited 466 people, thereby increasing its headcount by 37% in 12 months. Impressive, no?

AUTHORSarah Butcher

Global Editor

He
Headhunter_with_apparent_IQ_of
21 February 2011
@DCD - spot on
@Rising Star - It is not unusual for Exec search consultants to bill 600-1mn in fees for their firms and take home 3-400k+. The way we do this is by constantly digging up and collating info that we get all around the market, cross-referencing etc and so EFCareers is useful. Why do you think banks pay so much to HHs? If by definition the candidate pool intellectually superior bankers, why is it that so much is paid to HHs in placement fees? Surely they don't need us? It's because we sell valuable info that ends up in accretive hires. Sarah puts out some fantastic, well-researched articles, and Sarah does not get the respect she deserves. All the headhunters & recruiters here post comments designed to HELP candidates, explaining the hiring process whilst candidates just slag HHs off. Sarah recently wrote a great article on how to get headhunters to notice you, and all the comments from the candidate community were negative both to headhunters and indirectly to Sarah. Dig up the article - read and digest. Treat HHs with respect, cos the next time they have a mandate for which you are ideally suited, they might just include you on the shortlist.
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Bi
Big Daves Gusset
14 February 2011
If anyone IS interested in a recruitment job, heres the spec;
- 2.2 or 3rd from Uni of Huddersfield or equivalent
- Spikey hair, top man suit, black shirt with white tie
- Several attempts to get into proper grad programs but no dice
- At least a years experience from Foxtons
- Willingness to hang around canary wharf all day with a leather bound pad of plain lined paper
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Ri
Rising Star
11 February 2011
@ dcd - And no recruiters and headhunters who have mandates to work on and candidates willing to talk to them have time to post comments here. Monkey, get back on the phone and try to get some mandates for your rubbish "business".
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dc
dcd
11 February 2011
just to set record straight. there are only 2 kinds of people reading this and psoting comments: agents/headhunters/recruiters AND people looking for a job. Now all you pseudo big hitters out there laying into recruiters give us a break!!! no big hitter from the financial sector has time nor interest in posting comments here. So effectively we are down to headhunters (myself) bantering with crap candidates who can't find a job - pretty funny
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Ex
Ex Everything
11 February 2011
I have worked at the aforesaid Robert Walters and two of the major search firms. The main difference between the two is the amount of money they charge (and how they charge it) and the type of suits each wears. Aside from that the bones of the process and industry are identical ....and don't let anyone tell you different.
Oh and in context with Bankers .... we just saw you guys as 'marks' .....
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