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Staffing Industry Analysts (SIA), the global advisor on staffing and workforce solutions, has ranked Morson Group as the world’s third-largest engineering staffing firm in its 2023 global market share report.
The ranking reflects a milestone period of growth for Morson which saw the group exceed a £1 billion turnover for the first time, coupled with the acquisition of Australian technical recruitment company, ACRWORLD.
Morson Group CEO Ged Mason OBE, commented:
“It’s an honour to be recognised by SIA and I’m proud that we’ve been able to secure such a strong placement as the third largest engineering staffing firm in the world. Our ranking is a testament to the hard work and loyalty of our colleagues, customers, contractors and candidates, all of whom contribute to our achievements.
Throughout Morson’s nearly 55-year history, we’ve focused on enriching careers and futures across the STEM landscape. Our position in this report reflects our dedication to providing a high-quality service, finding new ways to innovate, and listening dutifully to client and market needs to deliver future-facing talent solutions. It’s a commitment to excellence underpinned by our core values and a promise to place people first.”
With a legacy as an engineering and tech talent solutions specialist, Morson Group supports clients and generates opportunities for candidates in the permanent and contingent markets in sectors as diverse as aerospace, automotive, defence, manufacturing, maritime, nuclear, oil & gas, renewables, rail and transport.
The business also delivers a suite of integrated services, which span talent solutions, consultancy and technology, to help clients access sustainable talent pipelines, build their brands, and optimise key business processes.
The SIA’s report, which provides a “big picture” reading of the global engineering staffing industry landscape, estimates that the global engineering staffing market grew by 5.1% in 2022, and revealed that the top 20 firms – nine of which are headquartered in the UK – generated an estimated $13.2bn in revenue in 2022.
Furthermore, with the global engineering staffing market being relatively consolidated, the top 3 firms accounted for 12.6% of market revenue.
The full report is available for SIA’s Corporate and CWS Council Members.
About Staffing Industry Analysts (SIA)
Founded in 1989, SIA is the global advisor on staffing and workforce solutions. Their proprietary research covers all categories of employed and non-employed work including temporary staffing, independent contracting and other types of contingent labour.
SIA’s independent and objective analysis provides insights into the services and suppliers operating in the workforce solutions ecosystem including staffing firms, managed service providers, recruitment process outsourcers, payrolling/compliance firms and talent acquisition technology specialists such as vendor management systems, online staffing platforms, crowdsourcing and online work services.