Five to watch: Simon Swan and Sara Jones, Hiring-Hub
The online recruitment marketplace disrupting the UK’s £27 billion recruitment industry
Simon Swan and Sara Jones, 33 & 29
Listed on our Startups 100 index for the third year in a row, Simon Swan and Sara Jones’ unique online recruitment marketplace continues to disrupt the industry by turning the traditional agency-biased recruitment model on its head. Employers upload their vacancy and set a fixed fee, with approved recruitment agencies competing to fill it through a competitive tendering process, putting the power back in the hands of employers and ending the reliance on the whims of a particular consultancy. Specialist jobs are filled faster (the platform boasts a current record of 48 hours!) and there’s no risk for employers, who can review recruitment agency feedback and ranking while paying fees they feel are appropriate if they hire.
Now with a star-studded list of employers signed up including the NHS, Jaguar Land Rover, SPX, Maplin Electronics and Nisa Retail, Swan and Jones’ profitable company is growing quickly and targeting revenues of £3m next year, a figure which is set to double in 2016 as momentum continues to gather pace. As the myriad benefits of its unique marketplace model become more widely known it seems Hiring-Hub.com could see truly explosive growth, so we’ve got our eyes on its founding duo as ones to watch for next year. Watch this space!