January 2024
Selby Jennings Invests in Texas
Selby Jennings, part of the Phaidon International group, invests in larger real estate in Dallas to further support Texas-based clients and the growing demand for business-critical talent. The move – which follows the recent expansions of our Charlotte, Tampa and Los Angeles offices – reinforces our initiative to expand our reach and expertise in Texas and the southwest United States, which has experienced phenomenal growth in talent over the last few years.
Dallas has been and continues to be a key operational hub for Phaidon International and a number of our clients experiencing incredible growth in the southwest
The new 26,687-square-foot Dallas office will support plans to increase our Texas presence by hiring more than 250 consultants, a 185% increase of our current team over the next three years. We are also opening new roles to support and solve talent issues for clients in the region.
The expansion of our Dallas office, which is quickly becoming the go-to hub of a booming business market, is our response to an increased demand for our service offerings to local clients and candidates. The $2.6 trillion Texas economy is the eighth-largest economy among the nations of the world, larger than Russia, Canada, Italy and more, and is home to more than 52 Fortune 500 headquarters. Now more than ever has there been an accelerated need for in-demand talent.
As the city for the key industries we support, including finance, engineering, infrastructure, transportation and technology, our team has continued to see increased demand from clients. We’ve responded by providing them with a more than 800% increase in candidates since we first opened in the city in 2017. In fact, 40% of the placements we make in the state are relocations, so this new space not only allows us to support our team’s natural expansion, but also the substantial opportunities for talent and growth we’re seeing in the Dallas market.
These growth opportunities allow us to continue investing in local talent by hiring graduates, senior consultants and corporate services professionals. As a regular feature in the Dallas Business Journal, we believe that to know how to support Texas-based businesses, we need to continue to invest in the community.
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