Engineering & Consulting
Within the segment of Engineering&Consulting we match skilled talent to project opportunities.
Our business units in this segment typically provide medium- to highly skilled job candidates, including engineers, technicians and other white-collar consultants to clients from a diversified range of markets. The greatest concentration of clients is typically from the finance and industry markets, with a sizeable number also coming from the construction, aerospace and defense markets.
The project placements by the business units in this segment are typically medium- to long-term. Unlike our other segment Specialized Talent Solutions, which typically generate more than half of their sales from small to medium-sized enterprises (SMEs) or intermediate-sized clients, the business units in our Engineering&Consulting segment are more varied in their size of clients. The percentage of sales from SMEs or intermediate companies often represents less than 50% of sales, the majority of the clients are larger corporates.
Consultants and engineers are indefinite employees on our payroll whether or not they are on assignment with a client. As a result, our Engineering & Consulting segment in particular, carefully monitors the end date of all job assignments and aims to line up the next assignment before their current ones come to an end. This monitoring seeks to minimize bench time (the time during which consultants are paid but cannot be billed to a client).
SOLCOM is the sole company in this segment which is entirely focussed on matching IT freelancers to customer assignments in Germany. These freelancers have an independent status and are not treated as employees to SOLCOM.