GRS Global Recruitment Solutions Ltd
- Founded
- 2005-01-01 in Limassol, Cyprus
- Headquarters
- Limassol, Limassol, Cyprus
- Phone
- +357 227 693 69
GRS Global Recruitment Solutions Ltd (trading as GRS Recruitment) is a Cyprus-based human resources consultancy that provides bespoke recruitment and payroll outsourcing services across Cyprus, Malta, and the Middle East. Founded in 2005 (with operations established in Cyprus in 2004) by Steve Slocombe, the company has grown into a market‑leading agency within the region, particularly renowned for placing professionals in accounting, tax, finance, banking, IT, corporate services, fiduciary, legal, energy, oil & gas, and forex/binary options sectors. GRS holds full licensing from the Republic of Cyprus Ministry of Labour for both permanent and temporary worker recruitment (Licence Nos. 135 and 01). The firm currently operates three offices located in Limassol (headquarters), Nicosia (Cyprus), and Floriana (Malta), employing a compact team of approximately 20 staff. Beyond core recruitment, GRS offers complementary services through two affiliated entities: GRS Oil & Gas Ltd, which supplies temporary and contract workers to energy, oil & gas, and infrastructure projects; and Fairfax Yeaman Ltd, which handles the outsourcing of bookkeeping, accounting, payroll, and immigration services. The company also publishes annual GRS Salary Surveys that provide market‑aligned compensation data for the Cyprus and Malta job markets, reinforcing its position as a trusted advisor for both employers and job seekers.
Detailed Review
History and Founding
GRS Global Recruitment Solutions Ltd was founded in 2005 by Steve Slocombe, building on operations that began in Cyprus in 2004. Initially focused on permanent placements in the financial services and corporate sectors, the firm quickly expanded into temporary staffing and payroll outsourcing, establishing a reputation for deep local market knowledge and a vast candidate network. Over two decades, it has become a trusted name in the Cyprus and Malta recruitment landscape.
Business Model
The company operates through three primary service lines. Permanent recruitment covers full-cycle placements from entry-level to senior executive and director/partner roles across accounting, corporate services, IT, finance, banking, legal, HR, energy, and oil & gas. Temporary and contract recruitment is handled by its dedicated subsidiary GRS Oil & Gas Ltd, which supplies project-based personnel mainly to energy, oil & gas, and infrastructure projects both in Cyprus and overseas. Payroll outsourcing is delivered through another subsidiary, Fairfax Yeaman Ltd, which provides bookkeeping, accounting, payroll administration, and immigration support services. Through strategic partnerships, GRS can also facilitate company formation and management services. A notable value-add is the annual GRS Salary Surveys, which compile market-aligned compensation data for Cyprus and Malta and are designed to comply with the forthcoming EU Pay Transparency Directive.
Market Position and Outlook
GRS serves a diverse client base ranging from dynamic startups to multinational corporations, with particular strength in online trading, financial services, and technology verticals. The firm differentiates itself through a consultative approach, assigning a dedicated consultant to each client for the entire recruitment lifecycle. While the recruitment market in Cyprus faces increasing competition from local boutiques and international platforms, GRS’s established brand, diversified service portfolio, and expansion into Malta provide resilience. Its dependence on specific sectors such as forex/binary options exposes it to regulatory shifts, but the focus on EU Pay Transparency compliance positions it well for evolving regulations. The company continues to participate in industry events and maintain a strong social media presence, reinforcing its status as a go‑to recruiter for professional talent in the region.
Key Products
Permanent Recruitment
Full‑cycle placement from entry‑level to senior executive and director/partner across multiple sectors including accounting, finance, IT, banking, legal, and energy.
Temporary / Contract Recruitment
Managed via GRS Oil & Gas Ltd, providing temporary and contract workers for energy, oil & gas, and infrastructure projects.
Payroll Outsourcing
Provided through Fairfax Yeaman Ltd, including bookkeeping, accounting, payroll administration, and immigration services.
GRS Salary Surveys
Annual reports offering market‑aligned salary benchmarks for Cyprus and Malta, aligned with the EU Pay Transparency Directive.
Offices & Headcount
20 employees (approx.)
Key Persons
- Steve Slocombe
Founder & Managing Director