An increase in investment within STEM industries has helped a North East recruitment firm to grow its revenue by 20 per cent and create three new jobs.

Executive placement firm Populus Select, which matches professionals, executives, and CEOs to organisations in the sustainable technology, engineering and manufacturing sectors worldwide, had a record year as it grew its overseas operations.

Populus Select continues to benefit from a competitive jobs market – both at home and abroad. It has already achieved record sales during the first quarter of 2022 with its turnover in the year to April 50 per cent higher than 2020, and nearly one-third more than the same period in 2021.

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In contrast to the UK’s growing trade deficit, which has continued to widen since Britain’s exit from the European Union, Populus has expanded its presence overseas.

Exports, which account for around 40 per cent of the business, have seen a significant increase with clients in the UAE, USA, Papua New Guinea and Europe using Populus Select’s services to source candidates for senior roles and open new operations.

Sim Hall, Managing Director at Populus Select, said: “I am delighted that Populus continues to go from strength-to-strength. We are lucky to be well-positioned to benefit from the rapid expansion of high-tech science industries across the world, driven by the need for alternative energy sources and innovations within life sciences, as well as a rebalance of workforces driven by the global pandemic.

“Our success is no small part down to the continued hard work and dedication of our team who have weathered the pandemic well, delivering complex projects across multiple time zones to an exceptional standard.”

Populus Select’s increased workload is allowing it to invest in new team members, with Kashmira Kotecha joining the company as an Associate Researcher. She holds a master’s degree in chemical engineering and will use her knowledge to source experts within the field and support original client research.

In addition, a new Head of Life Sciences position - responsible for driving the development of Populus Select’s presence within the sectors - has been created, with a consultant role also currently available.

“Our continued success is supporting the creation of further roles within Populus as we continue to grow our roster of clients and instructions. Since being established in 2007, we have cemented a reputation for helping niche businesses to find high calibre leaders and experienced professionals that can help support businesses to grow.”

 

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