Sharing the success; first staff shareholdings awarded
by Dan Jarrold / 26th January 2022
It’s a very proud day at Clearfield Recruitment as we welcome eleven team members as newly minted shareholders in our business.
At the start of 2020, after ten years in business and with continual yearly growth we had grown our business to over £20m in revenue and to nearly 40 staff.
In 2020 we faced the joint challenge of both our largest client entering administration and the arrival of Covid, which subsequently closed down most of the construction sites across the country and shrunk our business demand by 90% overnight. We knew that we needed to do something very different so we tore up the old rule book and looked at the business anew.
A restructure followed, re-shaping everything across our business in roles and responsibilities, a sizable reduction in headcount, and refreshing our ideas about client and candidate service. It wasn’t an easy time, but we believed in getting back to the core of what our business was about: guiding people into great working opportunities in construction. Everything we were doing was communicated with our team and they rose brilliantly to the challenges of working differently, they dug deep and their efforts carried us through a tough time.
At the heart of the plan was to get back to a balanced, empowering and rewarding culture for our staff, believing that if we took the very best care of them, they in turn would take the very best care of our clients and candidates.
A year and a half has now passed since Clearfield re-restructured, and the results are significant. We have a highly engaged team working with a great mix of delighted clients and candidates. Our team have the resources they need to beat personal bests whilst balancing home and work better than we’ve ever managed before. Flexi-working is backed up by a great office when the guys need to come in, and we can offer sector leading packages for financial reward.
The final part of the promise we made was to share the long-term gains and today the first eleven staff members have been awarded shares in the business based on a record performance in 2021. There will be more in 2022 and 2023.
Congratulations everyone and thank you for everything you do.
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