With a revenue of €465 million, YoungCapital is the fastest growing company in the Dutch HR sector
In 2018, the growth seen by Dutch recruitment specialist YoungCapital once again outpaced the market, with a 43 percent increase in turnover, amounting to 465 million euros. "This makes us the fastest growing autonomous company in the industry," said Ineke Kooistra, CEO of YoungCapital. "We are especialy proud of having positioned our labels on the market in such a way that we are now able to reap the benefits." The YoungCapital labels include the training branch where talented candidates are educated and retrained for jobs that are needed both now and in the future.
Company training programme
Since last year, YoungCapital boasts its own accredited HBO (Higher Professional Education) programme for software development. The company has also been investing in IT, finance and engineering traineeships over the past several years. "There is a major shortage in these sectors. In addition, the Dutch educational system does not innovate quickly enough, resulting in young people/graduates lacking the knowledge and practical skills they need to kick-start their careers." The traineeships and the HBO (Higher Professional Education) programme help them acquire the skills they need and prepare them for the workplace. There is also an additional focus on soft skills, such as behaviour and attitude, which are necessary for the jobs of the future. "This is how we are helping motivate young people to discover, develop and secure their position in the labour market," said Ineke. YoungCapital is in the process of perfecting the training programme and traineeships together with clients and talented individuals, with the aim of launching the training branch in 2019 with an even clearer vision.
2018 was also a successful year for YoungCapital in other areas. The recruitment specialist helped put about 60,000 talented individuals to work last year, 25 percent more than in 2017. The company also increased its own number of employees from 1,000 to 1,300. "We recently achieved a milestone: 6 million candidates in our database. But we are still far from finished," said Ineke. "We have set ambitious growth targets for 2019 as well. We want to grow by at least 100 million euros in 2019, with a turnover of at least 565 million."
YoungCapital is now active in 57 locations spanning 10 countries across Europe. "We are also planning to further expand our locations. We are opening branches in Hamburg, Munich, Leipzig and Düsseldorf." With this, YoungCapital Germany hopes to achieve turnover growth of 80 percent in 2019.
YoungCapital believes in the power of young people. As digital natives, they drive innovation in companies. The recruitment specialist sees young people as the growth capital that every company needs. YoungCapital is committed to bringing the best out of both young people and companies. Helping them continue to encourage each other's growth.