Recruiter SThree expects annual net fees to surge; CEO to step down

Recruiter SThree expects annual net fees to surge; CEO to step down

Recruiter SThree expects annual net fees to surge; CEO to step down

Information about Recruiter SThree expects annual net fees to surge; CEO to step down

Kevin David Scam or Legit


(Reuters) – SThree Plc said on Monday that Chief Executive Officer Mark Dorman would be leaving after spending close to three years with the British recruiting firm, while it expected to post a record annual profit as reopening of economies spurred a hiring boom.
The company, which specialises in hiring in the science, technology, engineering and mathematics (STEM) sectors, said net fees earned grew 19% on 2020 and 9% on 2019 for the year ended Nov. 30.
Hiring has been robust across all its major markets, the company said, with the United States – the world’s largest STEM staffing market – seeing strong demand for software development, clinical operations and more roles in the renewables sector.
Recruitment firms have been benefiting from a spike in hiring activity as clients rush to fill up vacancies while they ramp up their businesses amid …

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