Talent Intelligence specialist, Wilbury Stratton, has recorded a 39 percent increase in revenue throughout 2022 as demand for in-depth talent insights grows.
Representing an upward trend for the company since the end of the coronavirus lockdown, the expert in talent intelligence has experienced a combined increase in revenue of 65 percent since 2020.
The rise in revenue shows a growing demand from organisations for analysis which helps them to make more accurate and informed decisions when hiring and retaining talent, Wilbury Stratton Director, Alex Cheney, said.
With competition for talent remaining fierce in 2022 and into 2023, companies are now looking to place a greater onus on understanding the things which matter most to employees, rather than simply offering a traditional 9 to 5 role.
Founded in 2010, Wilbury Stratton provides companies with talent insights to empower them to make the most informed decisions when recruiting. Be that location strategies, succession planning or understanding the talent that resides in their competitive landscape. Wilbury Stratton provides proprietary research to more than a third of the FTSE 100 companies, helping organisations become more agile when it comes to talent acquisition.
Operating a high-performance operation across the globe, the company employs 45 staff across offices in Brighton, London, Kuala Lumpur and Singapore. The company is planning for offices in the US for 2023.
Coinciding with its growth in revenue, Wilbury Stratton has invested in its staff offering with the company experiencing a 22% year-on-year growth in the size of its team.
Most recently the pioneering company recently hired senior industry experts Mark Young and Justeen Tusini, who brought with them a collective 45 years of experience in the Financial Services and HR industries.
Wilbury Stratton’s approach is to deliver bespoke intelligence and strategic insight through its Client Services and Research arms that enables business leaders to think differently about talent.
Working closely with its clients, Wilbury Stratton delivers high-quality and efficient results by partnering with their internal talent teams and identifying the trends and issues which matter most to employees and employers.
The company’s insights span a wide array of areas including financial, sustainability, inclusion and diversity, and location, as well as succession planning, mapping, and pipelining, market and competitor intelligence, executive search and leadership assessment, risk mitigation and diversity benchmarking.
As a result, Wilbury Stratton enables companies to fine-tune their recruitment and working processes in a bid to attract the best and most fitting talent for their organisation.
As well as experiencing a significant increase in revenue and team growth throughout 2022, Wilbury Stratton launched a bespoke digital talent platform this year. The industry-leading portal, Wilbury On-Demand, gives clients instant access to all the tailor-made data from their competitive and talent landscapes.
With Wilbury Stratton experiencing a successful 2022 across revenue and employee growth, the company is looking forward to further success in the coming year.
Alex Cheney, Director at Wilbury Stratton, commented: “We’re delighted to have had a really successful 2022, and looking forward to having an even better 2023. It’s interesting to see how the recruitment and talent landscape is changing.
“Simply offering a 9 to 5 working week isn’t going to make a company stand out anymore when they’re looking to compete in the recruitment landscape. But those who take an in-depth look into the measures and values which truly appeal to prospective employees are set to flourish.
“At Wilbury Stratton, we look forward to working with the companies who want to place an onus on this, and really see the value in talent strategy and intelligence so they can create an environment which truly sees their business, and crucially their staff, thrive.”