Jobandtalent is one of the world’s leading digital temp staffing agencies. In just two years, the Spanish business grew from €350 million to €1.9 billion in revenue. What’s behind the surge?
Active in eight countries
When Juan Urdlaies and Felipe Navío Garcia founded Jobandtalent fourteen years ago — they aimed to fulfil their own contribution to solve the rising unemployment rate among young people in Spain. “Jobandtalent was born during a crisis with the goal of helping people and businesses through these tough times”, Urdiales wrote in a LinkedIn post.
But Jobandtalent is no longer just a Spanish initiative. The company is current active in eight different countries: in the United Kingdom, Spain, Germany, Sweden, France, Mexico, Colombia, and Portugal. “After launching operations in July 2021, the US has already become our third largest market in terms of revenue after the UK and Spain, with top performing YoY growth, over 350 clients, and operations in more than 20 states”, Urdiales wrote.
‘Our purpose has never felt more vital than now’
Focusing on tearing down the barriers to job searching and hiring, Jobandtalent aims to make the labour market more fluid and accessible, particularly for key workers. The company has created a Workforce as a Service (WaaS) platform with the aim of solving these problems and making the increasing flexibility of the labour market beneficial, rather than detrimental, for businesses and workers alike.
“In all of our operating countries, the scarcity of essential workers is a fact.”
“It’s a purpose that has never felt more vital than now”, Urdiales wrote. “In all of our operating countries, the scarcity of essential workers is a fact. On average, one third of the temporary workforce demand of companies remains unfilled, which slows down businesses and supply chains alike. Jobandtalent can provide the dearly needed flexible workforce alongside reliability, simplicity and transparency.”
And Jobandtalent has proven to be hugely successful in doing what it aims to achieve. The company has grown from €350 million revenue in 2020 to €1.9 billon in 2022. “And we have shown operating EBITDA profitability alongside that growth for many years”, Urdiales said. “We expected this growth to continue over the next few years, and scaled our investments in our team, product and tech, marketing, and acquisitions accordingly.”
“We also have great new product features in the pipeline for our workers.”
On the back of their 442.8% growth in two years, Urdiales expects the company to continue to strengthen their tech and product capabilities. “New features on our platform will help companies better manage their workforce with improved onboarding of workers, planning, shift management, and clocking”, he said. “This will save unnecessary costs and engage the workforce even more. We also have great new product features in the pipeline for our workers. Including a revamped job search, company ratings, improved job cards with videos, improved onboarding, clocking, daily payments, and more.”