Our Stories > Phil Phil Staples

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Phil Staples

  • Joined as a recruiter in 2013

  • Today, Co-Head of the UK FinTech division

  • Responsible for consultant management and ensuring client needs are met

  • [Interviewed December 2018. Updated 02/2020]


 

Let's start with your journey to Caspian One. How did you get here in the first place?

I was friends with Adam (Vipond). I went to a birthday party held at Adam's house and pulling up, I recall thinking "he's doing alright for himself - what's Adam do?". We then got speaking - this was in the winter of 2012.

The following week I took a look at the Caspian One website to see what they do. I noticed Caspian One was hiring and it had a list of what they we're looking for - I looked through and thought "I can do that".

So I got in touch with Adam, sent him my CV. He forwarded it on internally, and that was it. I had a couple of interviews with Dom and Marcus, and then I was offered the job - and luckily it was on UK FinTech, which was my preference. I was over the moon. It was a no brainer. I accepted there and then on the phone and then when I started the January I actually worked for Adam - for the first few months.

What were those first couple of weeks at Caspian One like?

Yeah, intense.

I had no recruitment experience, and I hadn't done anything with regards to investment banking or IT either, so it was a massive learning curve. I was quite fortunate to be one of five people on the newly introduced training hub. I think that made life easier; going through training and learning the basics that you would need before then getting onto a desk. Before that, I think the environment was very different. I think I was quite fortunate. I joined at a time when people were very supportive, and I found that when I got on a desk, the team continued that level of support.

Would you say that the company still encourages collaboration now?

Definitely. I think we hire slightly differently now. We've just had someone start on their own rather than in a group, but there's still lots of training and people on the desk will be very helpful to aid him. It's a really good, collaborative environment.

Excellent. So you’re now working at Caspian One... tell me about what's happened since you joined?

I worked with Adam for about three months. One of the roles I was working on got quite close but didn't work out, so I started working with Lucy on a couple of client campaigns in Scotland.

We didn't have many candidates on the database for Scotland at the time, It was a market we'd never worked on previously - but actually, I did really well. It was quite a learning curve. I found the people in Scotland were a bit easier to talk to as they didn't have the same negative perceptions and 'recruiter scars' as the guys in London.

It made Scotland a very different market. It's a bit more relaxed, you have more time, It was good for networking. I think it helped me in my first 12 months, as I was able to find my feet in Scotland… it was almost like I owned the market because we'd never done anything in Scotland before.

It took me four months to make my first deal. I think I went on to do five or six deals that calendar year - so compared to others who started at the same time, I was off to an absolute flyer. At the Caspian One Awards at the end of the year, I got 'Best Newcomer', beating quite a few new starters that year which I was chuffed to pieces about.

You mentioned earlier the negative perception people have of recruiters. How difficult is it to get past those views? - particularly with new contacts.

A lot of people do have their barriers up. Typically most people will have maybe two or three contacts that they'll use; that's the best way to do it. So it's trying to make sure you're part of that two or three which is vital... but it can be quite challenging to get get in.

I think Caspian One has a good name. That helps make it much easier, saying you're from Caspian one, which I always do. I get the impression that takes away some of the barriers.

We've got a strong reputation, but also - a good reputation. There are some agencies out there people will entirely refuse to deal with. Other agencies, people may consider working with - but they still know they have to be more selective and cautious.

The Caspian One name has kudos to it, but even then some people still prefer to go direct, so it's just breaking down those barriers. I remember dealing with a candidate that I've since placed, who used to put the phone down on me all the time. I persevered, and finally, after a few calls, we had a conversation.

"No, not interested."

"Okay - what would you be interested in?"

We spoke, and I found out what he would be looking for, which started to form that relationship. A couple of months later I believed I'd found something that would be right for him... and then I managed to place him.

So yeah, it's perseverance and breaking down some of the barriers and remaining professional, because when you speak to these guys, you realise they're getting 15 - 20 calls a day when they're looking.

Good ones are getting 15-20 per day, regardless of whether they're looking or not. You've got to appreciate their side of the fence as well.

You say people typically use only 2 or 3 recruiters. Where is the value in this practice?

During an initial conversation, it's not just me talking at them about what I've got - it's me understanding what they're looking for. Therefore, when I do contact someone, it's going to be relevant.

I had a call recently with a candidate that just said;

"look, I'm not looking right now. This is a great opportunity, but I've just moved, so I'm not looking right now, maybe a year or so. I definitely know where to go in the future because whenever you contact me, you always have relevant and really interesting roles."

So they know that if I'm going to call them, I'm not going to waste their time. It's going to be relevant because I know or understand (roughly) what it is they're looking. I'll tailor my telephone calls - appreciating that not only are they getting calls every five minutes from other recruiters, but they've also got a day job to do.

Coming back to you then, tell me about how you transitioned from Scotland back to the London market?

We started getting busier in London, and less so in Scotland. I proved myself in Scotland, and then it was a natural transition into London because the salaries and contract rates are higher. Therefore the deal values are more significant.

I came to the London market still under Lucy, working with pretty much the same clients - just in London as opposed to Glasgow. I had five or six contractors at the time. I then started working permanent roles in London, again making more placements. I had a really strong year. Not only from contract placements in Scotland but also making leeway with some permanent roles in London, which were good salaries and good deal values.

In that timeframe, you also became a Team Lead - and more recently, Co-Head of UK FinTech. Was this due to specific events or achievements, or was it a more natural progression?

Timing was everything. At that stage, there were three divisional managers - Adam, Dan Hammond Smith, and then Lucy. Lucy took an opportunity to work in North America, and off the back of an unbelievable year in terms of sales and billings I took her position, with a promotion to team lead.

Within the space of about four or five months, I went from being a recruitment consultant to principal consultant, to a team lead. Dedication to the role has since seen me take on the senior role of Co-Head - shared with my long-term colleague and friend, Ben Rutter.

How do you balance recruiting and efficiently managing people at the same time?

I'd never really been in a position where I was directly managing people, and also managing accounts. It was almost like going from just managing my own desk, to managing three people's desks while also managing accounts... and it was a lot to take in.

Initially, my personal sales took a hit because of it, as I put too much time on the guys and not enough time on myself and my accounts. After about a year it became apparent that it may be too much. We stripped it back a little bit, and I shared some of my accounts with others in the team, retaining those that were smaller, easier to manage.

I focused my time more on doing personal deals and got myself back on track. As a direct result, the team could see me doing well, putting me in a better position to manage my team. Since then, I've been going from strength to strength.

I started to bring on more accounts and be more involved with account management, so now I'm doing all facets of the job. What was a big learning curve initially (maybe too much too soon) has helped, as now I'm doing the account management, team lead, and still billing myself as well.

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Finally, is there anything you’d like people reading this to know about you - as a recruiter?

I've built up good relationships with the vast majority of people I've worked with over the years. In fact a lot of the people I developed relationships with during my early stages, I'm still working with today.

This is because from a candidate, a team lead, to even a hiring manager perspective, it's appreciated that I'm not in it for the short term. I've been doing this for six years. I don't envisage that I'm going to be going anywhere anytime soon.

Candidates that I speak to - I'll say that I am speaking to some of the best candidates in the market, they've got multiple offers on the table. I get that, and they're not always going to accept mine. It's fine. We'll just work together when the time is right.

People tend to stay in a role these days, for two to three years before they look at the market again. So there are candidates I've placed more than once already since I've been here at Caspian One and I'm sure that will be repeated again.

For people who may be looking to get into recruitment, what I would say is that all of my team, apart from one, never had any recruitment experience.

So if you're thinking about getting into recruitment but are concerned about career direction or because you haven't gotten the experience - come to it with an open mind.

There's a lot of internal training, there's a lot of people with experience who will help you.

You just have to come into it with the right mindset. You have to go into it knowing this isn't a nine to five and you have to put the hours in, but... put the effort in and Caspian One can change your life.

I would strongly advise if you're thinking about getting into recruitment, coming up and having a conversation with us.