Prospects look good for PSR Solutions
One of the Midlands' leading construction sector recruitment agencies has moved to new premises following funding from Barclays.
PSR Solutions has moved to Prospect House on Stafford Road in Dunston following a £1.5 million redevelopment of the site.
The business was established in 2005 by James Sanders and Mark Palmer and since that time has seen rapid growth. By 2008 the business employed 10 staff and hit its' first £1 million turnover milestone. In 2010, the company opened its first London office employing 15 people and in June of this year, their first office in Dubai. Today the company employs 63 staff across its three sites.
Managing director James Sanders said: "We are delighted to be opening the doors to our new head office in Dunston. The premises provide a great environment for our staff and clients alike.
"As well as housing our recruitment team, our ancillary services such as finance, HR and marketing all operate from this site. Feedback from our staff has been fantastic which is important to us.
"Having staff who feel they are valued and who can play a real part in the company's expansion is a key part of our culture. We have seen increased morale levels from staff since the move and the passion for the PSR brand continues to grow.
"We recognise the importance of retaining staff who give a vital contribution to the business and have recently rolled out an enterprise management incentive to long standing employees."
Funding for the development of the site was provided by Barclays. Andy Perry, relationship director for Barclays said: "PSR Solutions has seen rapid year on year growth since inception. Even during the recession around 2008 and despite working in an industry that has had to weather the storm, James and his team have continued to grow the business which is very commendable. I wish them every success for the future."
In the next 10 years the business plans to have 150 staff in six offices and to have increased turnover from today's £25 million to £100 million.
PSR Solutions, whose clients include Galliford Try, Morgan Sindall, Barratt Homes and Wates, specialises in sourcing and placing white collar professionals from site engineers to project directors. PSR Solutions has recruited for some of the Midlands' highest profile construction projects, including the remodelling of Birmingham's New Street Station; the city's Queen Elizabeth Hospital; and its iconic retail, leisure and living space, The Mailbox.
