Leading recruitment firm MERJE has recorded its most profitable Q1 to date, after successfully overcoming the many marketplace challenges which emerged as a result of Covid.
The financial figures achieved throughout Q1 of this year saw a 16 percent increase, compared to the same period in 2020, which had previously been MERJE’s record quarter before Covid increased its global grip and stringent Government guidelines around working came into force.
Ed Manson, MD for MERJE, said: “To surpass where we were positioned prior to Covid is a huge achievement, given the global circumstances and the impact they had on the jobs market. This latest milestone as we enter a period of recovery is all down to the hard work, resilience and determination of our expert team during the pandemic and the challenges which came with it.
“Alongside this, MERJE grew exponentially over the course of 2020 and into 2021 to accommodate three new specialist areas. They include our thriving Legal, Actuarial and Insurance and Claims divisions, as well as an expansion into Scotland with the appointment of a dedicated Business Manager.”
In terms of next steps, the strong start to the year has paved the way for MERJE to implement strategic commercial growth plans. This includes expanding its staff headcount by 39%, taking the overall number of employees from 36 to 50 by the end of 2021.
These key hires would be instrumental in working across MERJE’s Compliance, Customer Contact & Front-Line talent, Finance & Audit, Financial Crime & Fraud and Risk Management & Analytics disciplines.
This is with a view to assisting the business in making the whole of 2021 its most successful financial year-to-date. This follows a record year in 2019, during which MERJE reached a record revenue in excess of £10m.
Ed Manson added: “We’re delighted to have made such great strides so early into 2021 and recognise that this is significant given the many obstacles which the majority of businesses found themselves facing both this year and last.
“We now look forward to keeping up the momentum, by capitalising on our great start to the year with a view to achieving even greater success. This comes as we prepare to celebrate the landmark 10th anniversary of MERJE in October after being established in 2011.”
