Robert Walters plc

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Robert Walters
Type Public
Traded as LSE: RWA
Industry Recruitment
Founded 1985
Key people Philip Aiken, Chairman, Robert Walters, Chief Executive Officer,Giles Daubeney, Chief Operating Officer,Alan Bannatyne, Group Finance Director and Company Secretary
Revenue ￡337.3 million(2008)
Operating income ￡18.6 million(2008)
Net income ￡138.6 million (2008)
Employees 1,300+ (2008)

Robert Walters plc is one of the world's leading specialist professional recruitment consultancies and focuses on placing high calibre professionals into permanent,contract and temporary positions at all levels of seniority. Established in 1985, the business has a global presence spanning five continents.

Contents

[edit] History

Established in 1985 by current Chief Executive Officer, Robert Walters, Robert Walters plc today has an international network of 44 offices in 21 countries.

Originally established to place accountants into corporates in London, the Group now recruits across multiple disciplines. In July 1996, Robert Walters was listed on the London Stock Exchange. A year later in 1997, it set up a wholly owned subsidiary, Resource Solutions, provided recruitment process outsourcing solutions.

Robert Walters acquired Tristar, an Australian recruitment business in 1997 and merged with US staffing company, StaffMark Inc., in August 1998. The company demerged two years later, re-listing on the London Stock Exchange in 2000, same year won the Best IPO Award of Shares magazine.[1]

In February 1999, the Group launched its first global Salary Survey. The salary survey offers an annual insight into the salaries presently commanded in each market that Robert Walters operates in.

Robert Walters acquired Dunhill Management Services in 2001, and launched Walters Interim, its junior professional contract recruitment business into France in 2005, Belgium in 2006 and the Netherlands in 2008. In February 2008, the Group acquired Talent Spotter, a specialist recruitment business headquartered in China with offices in Shanghai and Suzhou.

[edit] Operation

[edit] Robert Walters

Robert Walters specialises in permanent and contract recruitment across all industry sectors. Operating at all levels of seniority the company finds jobs for workers in the accounting & finance, banking, legal, technology, sales & marketing, HR, support and administration, engineering, and supply chain, procurement & logistics fields.

[edit] Resource Solutions

In 1998, Robert Walters Group established Resource Solutions, a recruitment process outsourcing business. Services offered include "discovery audits" (analysis of an organization’s recruitment processes), supplier relationship management, direct recruitment, - development and execution of client brand led talent attraction strategies, "TalentSource" (a web-based recruitmenttechnology system, and payroll services.

[edit] Walters Interim

The Group’s junior professional contract business in France and Belgium specializes in the placement of interim professionals on projects and in senior finance positions. Interim management acts as a solution for businesses dealing with challenges such as strategy change, rapid growth, M&A, process re-engineering or crisis.

Interim roles usually include Business Analyst and Financial Analyst, Interim CFO, Interim Financial Director, Interim Financial and Interim Management Accountant, Interim Project Accountant, Interim Project Managers and Interim Program Manager, and Interim Risk Manager. Interim professionals are placed in roles across the Netherlands, in Amsterdam, Rotterdam and Eindhoven.

[edit] Walters People

Walters People, the Group’s junior professional contract business in the Netherlands, specializes in the recruitment of finance professionals. The business recruits contract candidates mainly for the areas of accounting, finance, controlling, salary administration, credit collecting and business analysis.

[edit] Company milestones

  1. Established in 1985 by Robert Walters, Chief Executive
  2. 1988: opened an office in Brussels, Belgium
  3. 1990: opened an office in Amsterdam, The Netherlands
  4. 1994: opened an office in New York, USA
  5. 1996: opened an office in Sydney, Australia
  6. 1996: listing on the London Stock Exchange[2]
  7. 1997: opened offices in Melbourne, Australia; Auckland, New Zealand and Hong Kong
  8. 1997: established Resource Solutions to handle client’s outsourced human resource departments/functions
  9. December 1997: acquired leading Australian recruitment company, TriStar
  10. 1998: opened offices in Johannesburg, South Africa and Singapore
  11. August 1998: merged with US-based StaffMark, Inc.[3]
  12. 1999: opened offices in Dublin, Ireland; Paris, France and Tokyo, Japan
  13. February 1999: launched the Group’s first Salary Survey, now in its 10th annual edition
  14. July 2000: re-floated on London Stock Exchange[2]
  15. 2001: opened offices in Adelaide, Brisbane and Perth in Australia; Manchester; and Luxembourg
  16. February 2001: acquisition of Dunhill Management Services
  17. 2003: opened an office in Guildford[citation needed]
  18. 2005: opened offices in Birmingham, UK and Rotterdam, The Netherlands
  19. 2005: launched the Walters Interim, France, junior contract professional business into France
  20. 2006: launched the Walters Interim, Belgium, junior contract professional business into Belgium
  21. 2006: opened offices in Kuala Lumpur, Malaysia; Eindhoven, The Netherlands; Lyon, France; and Wellington, New Zealand
  22. 2007: opened offices in Madrid, Spain and Osaka, Japan
  23. 2008: opened an office in Strasbourg, France
  24. February 2008: acquisition of Talent Spotter, a specialist recruitment business in mainland China with offices in Shanghai and Suzhou ,[4]
  25. 2008: opened offices in Bangkok, Thailand;[5] Kowloon, Hong Kong; Strasbourg, France and Shanghai and Suzhou in China
  26. July 2008: launched the Asia Job Index – tracking advertisement volumes for professional positions across job boards and national newspapers in China, Hong Kong, Japan and Singapore
  27. October 2008: the Group awarded FTSE4Good Index status – the leading global responsible investment index[citation needed]
  28. 2008: launched the Walters Interim, Netherlands, junior contract professional business into the Netherlands
  29. 2009: opened an office in Zurich, Switzerland
  30. 2010: opened an office in Seoul, Korea; and an office in Ho Chi Minh City, Vietnam

[edit] Footnotes

  1. ^ Shares magazine
  2. ^ a b London Stock Exchange
  3. ^ StaffMark, Inc
  4. ^ Robert Walters PLC - China Acquisition
  5. ^ Robert Walters sets up shop in Thailand

[edit] References

 This article includes a list of references, but its sources remain unclear because it has insufficient inline citations. Please help to improve this article by introducing more precise citations. (September 2009)

[edit] External links

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