After recently reporting a record financial year, Talent has again been named in the Top 500 Private Companies, moving from 87 to 81 on this year's list. Talent was also ranked 30 (up from 36 last year) in the top 50 best private enterprises to return on shareholder funds after tax.
Talent reported a group turnover of $726 million for FY20, and a year-on-year growth of 14%.
The Australian Financial Review and IBISWorld list is ranked by revenue and includes public unlisted companies, partnerships, associations and private companies. Data is gathered through primary research, ASIC-lodged company reports and its own appraisals of company revenue based on historic data and industry analysis.
Executive Chairman Richard Earl said Talent’s continued growth was driven by a desire to redefine recruitment and continuously challenge the status quo.
“It is hugely rewarding to see these results from our efforts. The mindset share by our global workforce to go further and break from the pack has been the cornerstone of our success, and this has only intensified during the past year.” Earl said.
Mark Nielsen, Talent’s Global CEO, commented that the strong results were due to a clear strategy and an unwavering focus on nurturing the internal Talent culture.
“What was also pleasing is that Talent did not take advantage of the Jobkeeper scheme to help support its business and has maintained its entire team in place since the lockdowns commenced. This has setup a very strong platform for continued growth going forward.”
Nielsen also said, “The continual improvement in our ranking each year can be attributed to our laser focus on growth sectors coupled with continuous innovation and diversification within our service offerings and our culture. The recent strong performance is testament to the way the Talent has come together as one team really lived our values in these challenging times.”