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Hays Companies history
Hays Companies company history timeline
Another niche of interest to the company was computer-based records management and data storage, a segment the company would come to dominate after the acquisition of Rockall Scotia Resources in 1994.
Founded 1994, Hays Companiesis a leading English company providing recruitment and human resources services.
The acquisition of Sodibelco in April 1998 brought the company's logistics operations into Italy.
In its 1998 fiscal year, the company recorded sales of some £1.55 billion, a jump of more than 38 percent over the previous year.
Hays also has been a profit leader, with steadily rising pretax profits reaching nearly £200 million in 1998.
In January 1999, for example, the company announced the purchase of France Partner, one of that country's top express parcel delivery services, for £19.5 million.
By 1999 Hays had established a firm position in each of its three specialty areas across much of Western Europe, with near-future plans to expand into Spain, as well as to build a presence in the Eastern European market as well.
After his retirement in 2001, the company underwent a strategic review and opted to sell off assets unrelated to its core personnel operations.
Frost retired in 2001, leaving Bob Lawson at the helm as chairman.
Colin Matthews was brought in as CEO in 2002.
In March 2003, Hays announced that, following a strategic review, it intended to reposition itself as a pure-play specialist recruitment business and that the company would dispose of all non-core business, including its Commercial and Logistics operations.
2003 Hays begins to sell assets unrelated to its personnel business.
In November 2004 Hays demerged its mail business, DX Services plc, which represented the final significant step in the transformation of Hays into a pure-play specialist recruitment business.
During 2005, the company experienced a 19 percent increase in recruitment consultants and opened 27 new offices.
The company reported record profits in fiscal 2005 with net income climbing to $244.3 million, an increase of 103.9 percent over the previous year.
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Hays Companies competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Alps Corporation | - | $1.2M | 50 | - |
| JAD | 1967 | $8.6M | 50 | 1 |
| Great American Holding Inc | 2002 | $4.8B | 7,600 | 2 |
| Kentucky | 2003 | $1.6M | 15 | 4 |
| Co-operative Insurance Companies | 1915 | $34.2M | 50 | - |
| Platinum Supplemental Insurance | 1995 | $310,000 | 7 | 559 |
| Golden Eagle Insurance | 1995 | $1.1M | 100 | - |
| Midland Company (The) | 1938 | $60.3T | 38,332 | 1 |
| Great Western Insurance | 1983 | $1.1M | 6 | - |
| Navco Corp | 1990 | $206.9M | 700 | - |
Hays Companies history FAQs
Zippia gives an in-depth look into the details of Hays Companies, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Hays Companies. The employee data is based on information from people who have self-reported their past or current employments at Hays Companies. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Hays Companies. The data presented on this page does not represent the view of Hays Companies and its employees or that of Zippia.
Hays Companies may also be known as or be related to Hays Companies, Hays Companies Inc, Hays Cos., The Hays Group and The Hays Group Inc.