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Independents lead the way on tool hire recruitment

Posted on 3/11/2014 by Dave Irons

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There are a few big names that come up time and time again in tool hire recruitment, with major chains of tool hire providers logically needing the largest number of employees.

But figures from the National Merchant Buying Society show the extent to which independent firms play their part across all areas of the builders' merchants sector.

From paving to power tools, independents form a significant proportion of the market - and many are set for growth over the course of the coming year.

According to the NMBS, the independent market share is around 40%, based on its own membership - and is likely to be larger when non-members are factored into the figures.

Of these, more than 40% said in a recent survey that they plan to open new branches in the year ahead, with growing confidence across the board.

Chris Hayward, managing director of NMBS, said the organizations' independent members have "visibly the greater market share in many commodity areas, ranging from natural paving to power tools".

Obviously the company names differ more in this category, which is made up of a larger number of smaller firms, rather than the other way around.

But it is an indication of the potential hiring power of independents throughout the builders' services sector, including their likelihood of increasing their rate of tool hire recruitment in the next 12 months.