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iProfile Compatible agency proven to be the most profitable

December 07, 2006

Congratulations to Abraxas, an IT recruitment subsidiary of the Vedior Group, for being named the most profitable IT recruitment company based upon gross profit per employee in October’s Recruiter Magazine.

Despite a relatively low gross margin (11.4%), their consultants generated a gross profit of £129,800 each, which meant they topped Recruiter's Hot 10 IT Recruiters report. Abraxas were also shown to be substantially well ahead of its peers, with the second most profitable IT recruitment company generating over £25,000 less gross profit per employee.

Recruitment International’s October edition focused on the importance of profit conversion ratios and how the UK’s leading recruitment companies were using technology to help them to become more productive. To find out more, click here.

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