Hays Plc (LON:HAS)Industrial
Hays Plc is a UK-based leading global recruitment company that provides qualified professional and skilled recruitment services. It operates through over 266 offices in 33 countries with 20 specialisms that include IT & Digital, Accountancy & Finance, Construction & Property, Engineering, Office support, Banking, Life Science, Sales & Marketing and other and it position the company to withstand various stages of the macroeconomic cycle and serve with best to clients across the world. The company aims to help people succeed and allowing organizations to thrive, improving lives and creating opportunities and its business is purposely built to take into account megatrends driving change in industry, and to best in challenging economic times. Its largest 50 global clients represent around 15% of its net fees. The company’s shares are listed on the London Stock Exchange as LON: HAS and is a constituent of the FTSE 250 Index.
The company earn fees on a percentage of candidate’s salary when they are successfully get placed in a role with a client and its delivery model is based on industry expertise across permanent, temporary, and contracting recruitment markets. It consultants maintain long-term partnership with its clients and candidates and they are equipped with innovative and best technology, data analytics and tools in the industry. The company operates across four divisions that include Australia & New Zealand, Germany, UK & Ireland and Rest of World. The Australia & New Zealand division covers 19 of 20 specialisms and represents 17% of net fees. The Germany division covers 9 out of 20 specialisms and represents 26% of net fees. The UK & Ireland division covers 17 out of 20 specialisms and represents 23% of net fees. Rest of World division covers 8 out of 20 specialisms and represents 34% of net fees.
The company is a global leader in Accountancy & Finance (A&F), although it has introduced the specialism to the US. The company principally focuses on private sector but also serves public sector clients in some market and it works on one-off placements for SMEs and global multinationals, as well as contract-based, higher-volume recruitment for its leading clients.