Staff at a Newcastle recruitment company have been given a windfall bonus worth at least 10% of their salaries, following a strong trading year.
Independent recruitment specialist Central Employment has posted strong financial results for year ending 30 September 2022, with turnover staying consistent at £25.9m, up marginally from £25.7m, and gross margins increasing from 15% to 18%. Operating profit rise from £1.837m to £1.884m. Profit for the year came in at £1.449m, up from £1.437m.
The company provides recruitment and training services for some of the largest businesses and brand names in the North East, and has recently announced it is on the move into new office space, relocating from St Mary’s Place at Haymarket to Portland House in the centre of the city. The move, which is set to take place this autumn, will see the firm combine its recruitment and training divisions, providing a platform to grow the business further.
