From Crossrail to Qatar. Why Barclays‘ support is just the ticket for Resourcing Solutions
As one of the world leaders in specialist recruitment for the engineering, construction and rail sectors, Resourcing Solutions is enjoying a fast-growing success story of its own
In just over 16 years, turnover has reached the £30 million mark, while the business has gone from employing just two members of staff to over 75.
The practice focuses on supplying both temporary and permanent skilled individuals – from engineers and designers to project directors and technicians – each highly certificated in their specialist arena, to clients on a global scale.
Its Thames Valley headquarters on the Ruscombe Business Park has been joined by offices in Middlesex and Leicestershire, as well as in Dubai, says finance and commercial director Roman Motyczak. Business is brisk.
“International recruitment is strong, there are a lot of infrastructure projects happening worldwide, especially in the developing world and emerging markets,“ he said.
“These are being driven by events such as the World Cup in Brazil in 2015 and Qatar in 2022, where projects are very focused around infrastructure for rail and power.“
Closer to home, although Motyczak describes the UK market as “tough“ for the past three or four years, the company has maintained its upward momentum, achieving regular year-on- year growth of some 15%.
Among the high-profile projects it has provided teams for are Crossrail, recognised as Europe‘s biggest construction project which, when it opens in 2018, will link Maidenhead and Heathrow in the west with Shenfield and Abbey Wood in the east.
And, although it is early days, Resourcing Solutions has already been involved in supplying programme management and planning teams for the new HS2 rail project.
“Because of the uncertainty that there has been in the marketplace, we‘ve seen good
performance come through our supply of interim and contract workers,“ continued Motyczak. “Companies are winning contracts that require highly-skilled labour on a programme by programme basis, so they are turning to us to resource a contingent workforce for three to six months at a time rather than committing to permanent employees.“
In the UK, where the rail network is more mature, the majority of the highly-skilled workforce comes from a UK background and has an in-depth knowledge of the required roles – it takes three to five years to qualify as a rail signalling engineer – meaning candidates meet UK rail specific standards.
Further afield however, requirements are different. In overseas and emerging markets such as Africa and Brazil, Motyczak says there is effectively a “blank piece of paper“ when it comes to designing and implementing a rail network, and the requirement for talent can be much wider.
“Over time, we‘ve built up a vast database of candidates which is essential because we work both with local businesses, such as Qatar Rail, and also on projects in conjunction with western businesses. In these markets there is a much broader requirement in terms of the mix of skills needed to put the infrastructure projects in place,“ he added.
Last summer, underlining its commitment to the global market, the company opened an office in Dubai to support ambitious growth plans for the overseas arm of the business.
With such a large number of skilled candidates on its books and a fast-moving industry, Resourcing Solutions needed a forward- thinking bank with a flexible attitude to help manage its specific requirements.
Earlier this year, the Barclays team led by Andrew Sharman won the business from a competitor thanks to an innovative solution which has enabled the company to continue to grow and invest for the future.
“Our original provider wasn‘t able to support us with the funding we required, so Barclays came in, looked at the business and understood the issues we have around the way we structure
Barclays is a trading name of Barclays Bank PLC and its subsidiaries. Barclays Bank PLC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register No. 122702). Registered in England. Registered number is 1026167 with registered office at 1 Churchill Place, London E14 5HP.
THE BUSINESS MAGAZINE – SOLENT & SOUTH CENTRAL – JULY/AUGUST 2013 Roman Motyczak
our debt and cashflow, which are quite unique to our industry,“ said Motyczak.
“They could see the commercial reality of what we were saying and were able to produce a pragmatic solution, which has allowed us to invest further in the business and its future growth, which we are extremely pleased about.“
Andrew Sharman, relationship director Barclays, based in Reading, said: “We are delighted to be working with the Resourcing Solutions team. We were able to put forward a funding package which was different to what they were being offered by their existing bank, we understood their business from a commercial perspective and we acted swiftly to put the deal together, which was good for all parties.“
Details:
Roman Motyczak 0118-9320100
rmotyczak@resourcing-solutions.com www.resourcing-solutions.com
Andrew Sharman 07867-352873
andrew.sharman@
barclays.com www.barclays.com/corporatebanking
The views expressed in this article are the views of the author alone and do not necessarily reflect the views of the Barclays Bank PLC Group nor should they be taken as statements of policy or intent of the Barclays Bank PLC Group. The Barclays Bank PLC Group takes no responsibility for the veracity of information contained in the third part guides or articles and no warranties or undertakings of any kind, whether express or implied, regarding the accuracy or completeness of the information given. The Barclays Bank PLC Group takes no liability for the impact of any decisions made based on information contained and views expressed.
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