(April 26, 2021) F-O-R-T-U-N-E Personnel Consultants (FPC) a nationwide network of over 60 franchised executive recruitment offices, announced the company’s revenue increased 25% in the first quarter compared to the same period in 2020. At the same time, the volume of jobs that the company filled rose 33% YoY.
Despite the ongoing challenges from the COVID-19 pandemic, FPC boosted revenue by leveraging their experience in essential industries such as Life Sciences, Manufacturing and Technology. The specialties that showed the greatest increase in placements were Engineering, Supply Chain, Quality and Business Development. The driving force behind FPC’s growth was their ability to capitalize on their deep-rooted relationships that have been built over the past 60 years. FPC was also able to quickly adapt to restrictions during lockdowns by utilizing the latest technology to maintain communication with clients and candidates. In addition to revenue growth, FPC expanded their national footprint by opening eight new franchised firms in the past 12 months.
“The performance of the FPC network in the first quarter far exceeded our expectations and demonstrates the resilience of our franchisees and their recruiters. As a company, FPC relied on well-developed relationships within the industries we specialize in. Our offices also did a great job of leaning on each other to leverage our diverse capabilities and take advantage of the beginning of the economic rebound. We are raising our full-year projections for 2021 and feel confident that our momentum will continue to fuel our expansion and growth as work environments stabilize,” said Jeff Herzog, President of FPC, the franchisor of FPC.
FPC is a leading national executive search firm comprised of more than 60 franchised offices. FPC offers job seekers access to its nationwide network of professional executive recruiters and job opportunities in many industries and disciplines as well as providing job search information and assistance. The company has been providing win-win recruiting solutions since 1959. Advocates for both clients and candidates, FPC recruiters are committed to bringing together the right individual with the right opportunity. FPC has been included in Forbes’ prestigious annual list of America’s Best Professional Recruiting Firms in 2018, 2019 and 2020.