YoungCapital turnover up 60 per cent in 2017
Hoofddorp, 24 January 2018 - YoungCapital exceeds expectations in 2017 by realising a record turnover of 325 million euros. This is the seventh year in a row that the recruitment specialist has grown faster than the market. With revenue growth of 60 per cent, YoungCapital has strengthened its position as market leader in the recruitment of young talent.
"We are significantly outperforming the market if you compare our autonomous growth with that of our competitors," says Ineke Kooistra, CEO of YoungCapital. “Our ability to speak the same language as young people is unrivalled. They are coming to us en masse for a side job during their studies or for a post-graduate position." In the past year, YoungCapital has focused in particular on the growth mindset of the company. This growth mindset is characterised by the constant aim to perform better, smarter and faster than the competition. "This makes us a market disruptor and enables us to grow exponentially." Last year, YoungCapital helped 41,000 young people to find work. In addition, its own number of employees increased to 1,000 people.
Turnover target 2018
Kooistra has again set ambitious growth targets for 2018. “We aim to grow by at least 30 per cent in the coming year and we want to take on an additional 300 employees.” The company hopes to achieve this growth by further expanding the client base of both YoungCapital and the Professionals label, YoungCapital's secondment division. “In 2017, we placed more than 600 trainees in IT, Digital, Engineering & Technology and Finance, making us the market leader in this segment.”
YoungCapital continues to expand internationally. "Our branches in Germany are achieving excellent results. And Studentjob International, which operates in eight European countries, has also experienced strong growth. We will continue this trend in 2018.” YoungCapital is also expanding its frontiers within the market. The company is offering a complete higher education course (HBO) in response to the shortage in IT personnel: the YoungCapital Academy. The first group of students will start their four-year course in February, training to become software developers.
‘Make money. WORK’
Moreover, a new generation of young people is about to enter the job market: generation Z. YoungCapital has developed a new campaign aimed specifically at this target group, called 'Make money. WORK', which will be launched widely this month. Suzanne van Cammen, head of marketing and communication at YoungCapital: "This campaign responds to generation Z's need to make money. For this generation, money means independence and the freedom to make your dreams come true. If you want those things, you need to work hard for them.”
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 bring the best out of both young people and companies. So they continue to stimulate each other's growth.
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