South East and London based national, Foster Denovo, aims to increase its workforce by approximately 50%, according to chief executive Roger Brosch.
Brosch explained that the reason for the recruitment drive was that the company aimed to increase turnover by 50% over five years and this would probably see the company increase its staff by the same percentage. However, he said that the number of new recruits will depend on how many of the five acquisitions currently under consideration are signed off. It will also depend on whether, and how much, the current workforce of 100 advisers increase their income by over the same period (it is currently £200,000 per annum). "It is the 50% turnover figure that is most important to us," ...
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