The Fast 50 report by Recruiter was published last week and listed the 50 recruitment companies that excelled in 2013.

Compiled by Boxington Corporate Finance, over half of those listed were new entrants with resurgence in the smaller, entrepreneurial recruitment businesses.

ICS are very proud sponsors and John Lyon, Managing Director of ICS said:

“ICS have been working with recruitment agencies since 2002 and have witnessed the struggles and triumphs within the industry. Providing accounting and payroll services to contractors and freelancers across many different industries, compliance is at the forefront of what we do. We work in partnership with Recruitment agencies to ensure that together we deliver truly compliant solutions.

We are very proud to sponsor the Recruiter Fast 50 as we are to enhance our relationships with recruitment agencies moving into 2014.”

Compliance, more than ever, is at the forefront of a recruitment agencies mind with increasing legislation notably the offshore intermediaries’ act and auto enrolment. Our industry continues to see an ever changing regulatory landscape, which requires careful planning and implementation, given the significant volume of individuals that we engage with.

Our experience suggests that most recruitment agencies are well advanced when it comes to managing the risks and costs of new legislation, the position and challenge often being shared with their key partners to ensure that a workable and compliant solution is achieved, in an efficient yet fully compliant way. It is inevitable that we will continue to see further tightening of legislation as this industry continues to evolve, despite its maturity.

Congratulations to all those listed in the Fast 50 and we wish you all a very prosperous 2014, with continued success and growth.