peoplestrong...inception of india’s fastest growing hr startup •first customer and multi million...
TRANSCRIPT
PeopleStrongCorporate Presentation
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Winners of the HRO today APAC award for four consecutive years.
The leading human resource (HR) solutions and HR technology company from India, enriching experience of over 175+ customers and over 500,000 users
Executive Summary
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Launched Indi’s first HR Native App to #SimplifyWorklife
Sim plifying w ork-life for
400,000+users across the g lobe
India’s first
HR Chabot
Launched Jinie
Ind ia’s first H Rcom m andcentre launched1
First com panyto be successfu lly
assessed on SSAE16(earlier know n as SAS
70)
Permanent hires annually
45,000+ Offering best in class HR business solutions to
over Multinational and Indian
clients
175+
India’s first HR App Store
Launched
Creating India’s Digital HR Story and Simplify Worklife
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The Journey So Far
2005 2011 2012 2015 2016 2017
Inception of India’s fastest growing HR Startup
• First custom er and m ulti m illion H R deal
• Investm ent by Lum is Partners
The first survey w ith B usiness Today
Rated am ongst em erging RPO leaders by B aring
Globally recognised HR Brand from India
• Strategic alliance w ith O chre H ouse & Pinstripe for U S & U K presence
• H D FC investm ent
• Acquisition of W ebpay
The first Ind ia Skills Report launched
Rated Star Perform er by Everest G roup
• Launch of Ind ia’s first H R m obile App, H R chatbot and H R App Store• APAC’s largest H R Tech Investm ent
Aw arded H RO Today APAC Aw ard for th ird consecutive year
2018
Governance Structure
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INVESTORS
INVESTOR BOARD MEMBERSPRAVEEN KUMAR BHALLAHead, HRHDFC Ltd.
INDEPENDENT BOARD MEMBERS
RAJUL GARGFounder and Managing PartnerLeo Capital
RENUKA RAMNATHFounder & CEO,Multiples AlternateAsset Management
SUMIT SINHAPrincipal,Multiples AlternateAsset Management
Statutory Audit SSAE 18 Assessment
AUDITORSEXECUTIVE BOARD MEMBERSPANKAJ BANSALCo-founder &CEOPeopleStrong
SHELLY SINGHCo-founder &Chief Business OfficerPeopleStrong
Executive Team
Responsible for aligning the company's technology strategy
with the overall business strategy.Rich experience in developing and managing
technology solutions.
VISHAL SAHA - Founding Member & Chief Technology Officer
Responsible for driving the People, Talent and Business Excellence agenda at PeopleStrong
DEVASHISH SHARMA - Founding Member and Chief -
Strategic Accounts & Alliances
Responsible for Process Solution Development,Special Initiatives, Service Line Expansion and
Delivery Excellence.
SHELLY SINGH - Co-founder & Chief Business Officer
Responsible for the business growth and strategy.15+ years of experience of HR Functions in large corporates
with strong HR domain and process understanding.
PANKAJ BANSAL - Co-founder & CEO
Responsible to raise the visibility of PeopleStrong
to external constituents and Customer Acquisitions and alliances.
KIRAN KUMAR - Founding Member & Chief Sales Officer
Responsible for successful delivery and
support of PeopleStrong Alt.
VIKAS SAPRA - Vice President Technology Operations
Responsible for Multi-Process HR Outsourcing business of PeopleStrong
PRAKASH RAO - Founding Member & Vice President MPHRO
Supervises the finance unit at PeopleStrong and keeps finance controls and compliances in line with the organisational
strategy.
RAJESH BATRA - Founding Member & Chief Financial Officer
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of non-strategic, repetitive, m undane and straight line activities are transform ed into a Shared Services H ub
UNIQUE MODEL TO DRIVE BUSINESS RESULTS
of strategic, decision m aking activitiesare to be m anaged internally
Flexib le and Variab lised H R Cost Structure to dealw ith w orkforce & econom ic volatility
D elivery dow n tothe Pin-code level
Partnersh ip forre-engineering &im provem ent
INDUSTRY’S BEST PROFESSIONALSH ours Experience of design ing w orld class processes & p latform solutions
H ours of experience in delivering em ployee & candidate experience g lobally
H ours of experience in delivering Cutting edge Technology so lutions
QUALITY ASSURED
Solution delivery successfu lly assessedon SSAE 16 in annual audits by B ig 4 firm
Robust G overnance Charter to ensure consistentand superlative delivery 100% SLA adherence
M an-hours spent in Train ing the teamto create cutting edge Platform H R so lutions.23000 200 K
1.1 M
70%
30%
MobileSimplicity Social
Collaboration
For HR by HR
Modular
EngagingUser
Experience
Ease of Implementation and Integration
Analytics
Configurable Workflows
O N D EM A N DH R TECH N O LO G Y
PeopleStrong Advantage
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100 K
Our Offerings
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HR SOLUTIONS ARCHITECTED BY SPECIALISTS BRINGING THE BEST OF TECHNOLOGY AND SERVICES
WIDE RANGE OF USERS
Candidates Employees HR CEOs/CXOs Line & Business Managers
Recruitment Process Outsourcing
• Skill based, cognitive, psychom etric
assessm ent
• Sm art Sourcing
• D igital M atchm aking
• Superlative candidate experience
HRProcess Design
Let us m anage it for you – A Prem ium O ffering
Offsite Workgroups Special Projects Consulting
GLOBAL DELIVERYNETWORK GOVERNANCE CHARTER: MEASURE, RELATE AND IMPROVE
Modular
Self - M anage your H R
Simplify Worklife
Trainable On-Demand Configurable
SCALEWITH QUALITY & INTEGRITY
Measuring world’s talent & Skill Potential
| |
-
Payroll
• 100% autom ated single click
payroll
• Com pliance ready system s
•D ata as a Service
• Payroll focused nerve centre
HumanCapital Management
• Sm ooth em ployee experience w ith
ESS & M SS
• Shorter and D IY im plem entation
• Anytim e, anyw here access through
m obile
•H R Audits
•H R Process consulting & Re-
engineering
•D ata as a Service
The India Skills Report in association with Wheebox, India Partner CII, Network Partner, LinkedIn.
INDUSTRY REPORTS & PUBLICATIONS
PeopleStrongBest Companiesto Work in association with Business Today.
HRO Handbook: An endeavour to throw light on the latest trends and updates from Technology, Analytics to Service Platforms.
India Attrition Study: Nation-wide study aiming to enable organisations to better manage their employees.
PeopleStrong rated as 2014 MPHRO Market Star Performer in Everest Group’s PEAK Matrix.
INDUSTRY RECOGNITION
Awarded Asia Pacific Customer Relationship by HROA 2012-2013.
Awarded Asia Pacific Programme of the Year by HROA 2014.
Best Recruitment and Staffing Organization of the
Year by RASBIC Awards 2011-2012.
Awarded HROA, third time in a row “Excellence in
Business Partnership” 2016.
Strong Brand
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PeopleStrong ranked as leader in NelsonHall’s APAC
RPO NEAT 2016.
PeopleStrong was identified as an RPO leader in Asia Pacific for achieving high client scores for improved candidate experience, improved recruiting processes, flexibility of approach, and vendor service culture.
Gary Bragar, HRO Research Director, NelsonHall
A m erica, Europe and M iddle East
The world’s leading provider of global talent acquisition and management solutions.
A PA C and A ustralia
With 1700 employers across 19 countriesin APAC and recruitment of 40,000 people,we transacted USD 1.2 million in payroll and compliance.
Ind ia
Wheebox is the fastest growing Talent Assessment Company, helping clientsglobally to find the right talent for right roles.
Partner Network
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Corporate O ffice
B ranch O ffice
Presence at client location
The HR Factory: State of art facility for world class HR solution delivery
GURGAON
Near shore delivery centrefor one of the largest
customer geographies
MUMBAI
Global delivery centre withspecial focus on RPO
BENGALURUMadurai•
Our Footprints
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• Channel partners
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Clientele*
BFSI
A nd m any m ore
Automotive
A nd m any m ore
Software, IT & ITES
A nd m any m ore
Manufacturing
A nd m any m ore
Media
A nd m any m ore
Telecom & Allied
A nd m any m ore
Education
A nd m any m ore
ITES
A nd m any m ore
Hospitality & QSR
A nd m any m ore
Pharma & Healthcare
A nd m any m ore
Internet business
A nd m any m ore
FMCG,F&B
A nd m any m ore
Your search can start from any Industry, and you will find us there as we #SimplifyWorklife!
*Indicative list
Company Overview
Solutions
Pre Screening test| Cognitive Test
Size and Scope of Deal
• 8000+ candidates assessed across 10 locations in multiple
districts of the country
Business
Needs
• 400+ profiles to be closed for a Greenfield
project.
• Approximately, 8528 applicants registered
with the client
• Major challenge was to screen the top 20%
out of the 8528 applications for the
interview using a standardized and valid
hiring process
• A short span of 15 days
How we did it?
Business
Benefits
• 8500+ candidates successfully screened using
standardized Hiring assessment, across 4
districts, 10 venues in remote locations
within a short span of 15 days
• Increased Hiring Efficiency and Cost
Reduction, - The interview time reduced by
50% as Technical or function competence
were assessed in the test
• End to end Logistics management by saving
clients cost and time
Designed standardized Hiring process for the client
and screened 8528 applicants across various districts
of a State.
Proposed the following methods to increase hiring
efficiency :
• Pre-screening Test used Domain / Functional Test
were created for the following streams –
Mechanical, Metallurgy, Chemical, Electrical,
Electronics, Instrumentation and Civil.
• Cognitive Test – Numerical, Verbal, Logical
Reasoning and Data interpretation
Success Stories| Assessment |Fastest growing steel company
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One of the fastest growing steel company with operations
in 26 countries and commercial presence in 50 countries. It
is one of the top ten global steel companies in the world
spread across 5 continents.
Company OverviewThe Client is a global information technology, consulting and
outsourcing company with 160,000+ workforce serving clients in 175+ cities across 6 continents. The organization is globally recognized for
its innovative approach towards delivering business value and its commitment to sustainability. Solutions
Size and Scope of DealHire employees for Global Infrastructure Services (GIS),
Business Application Services (BAS) & Analytics Divisions
BusinessNeeds
• Hiring the best in class manpower through
rigorous screening, selection & streamlined
recruiting processes for various niche
Business services positions
• To increase quality of hire with cost in control
• To enrich business and candidate hiring
experience
• Integrate one stop technology solution to
reduce time to hire
• Enable hiring decisions based on analytics
How we did it? BusinessBenefits
• Worked closely with the client’s leadership team to
understand their objectives, requirements and the culture
of the organization to find the right fit candidates.
• Implemented RPO model under three phases:
• Client’s involvement was only in JD creation & interviewing
• Administrative burdens of recruitment were removed ,
prompt & professional dealing with all candidate EOI ‘s
received
• Expansion of sourcing channels & increased quality of the
process through faster quality search.
• Selection rate increased by 41%
• Average joining TAT reduced to 88 days from
earlier 95 days
• Sourcing cost reduced by 20%
• Cost per Hire reduced by 26%
• Average Salary hike provided was reduced
from 42% to 34%
Success Stories | RPO| Global IT & Consulting leader
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Alt recruit | Recruitment Process Outsourcing
Company OverviewIndia’s largest and most accessible chain of dental clinics that provides high quality and hi-tech dental care services at affordable prices, treated 6 lakh patients so far Solutions
Alt Recru it, O nboarding to Exit w ith m obile App
Size and Scope of Deal• 1200 + em ployees
BusinessNeeds
• Establish a transparent, seamless, two-way communication between the employee and HR.
• Simple, easy to understand HR processes • Anytime, Anywhere access • Achieve a controlled Information flow across
managers, locations and systems that also collated data centrally.
• Provide a 24/7 access to information • Data confidentiality – as the data was
scattered with the flow of information
How we did it?BusinessBenefits
• The app made it possible for the cloud-born HR technology simplify worklife of ~1200 employees
• There was a marked 50% reduction in the payroll processing time
• Time was significantly reduced for Exit management by 80%.
• Anytime, anywhere access to employee data via mobile
• Mobile app enabled for all the employees, which gave ready access to information
• Entire system moved from paper based to online
HRMS• Industry best practices used to define new HR
processes• Introduced triggers and automatic notification
wherever required
Success Stories| HCM |India’s largest Dental Clinic chain
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Company OverviewLeader in Auto and Farm Equipm ent. C lient is a part of the large Ind ian m ultinational conglom erate. B usiness includes aerospace, autom otive com ponents, log istics, real estate, farm equipm ent etc.
Solutions
Size and Scope of DealServicing 13 ,000 perm anent and 3 ,000 other em ployees across 160 locations in Ind ia for 11 B U .
BusinessNeeds
• Easing the transactional activities to save time for strategic ones
• To achieve standardisation and automation of
processes• Enhance employees’ experience through One
India Platform• Achieve cost benefit for the company
How we did it?BusinessBenefits
• Analysed the performance gap between desired & existing employee lifecycle process
• Study was conducted in 4 main groups to
understand, assimilate, fix, train and implement the solution framework
• Based upon that, processes were mapped with industry best practices and recommendations were shared with the client
• Based upon recommendations analysed, To-Be process maps were prepared to incorporate all the signed off recommendations
• Selection ratio improved by 50%• Employee referral was increased from 28%
to 51% resulting in improved cost and quality
• Employee to HR ratio was improved from 54:1 to 68:1
• Improvement in payroll processing from 99% to 100% accuracy saving 1% of annual salary payout
• 40% faster full and final settlement• New employees ready for work 60% faster;
resulting in huge cost savings
Success Stories| RPO & HCM |Auto & Farm Equipment leader
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Recru itm ent |O nboarding to Exit | Analytics
Company Overview
The client is a European multinational corporation that specializes in
electricity distribution, automation management and produces installation components for energy management. Headquartered in
Rueil-Malmaison, France , the client develops technologies and solutions to make energy safe, reliable, efficient, productive and
green.
Solutions
Size and Scope of Deal
12000 employees across 200 locations
BusinessNeeds
• Assistance in building a proper technology
land-scape to enable the HR processes
successfully support the scaling up of
business
• Redefine and enrich the BHR role to play a
Business Partner role
• One stop integrated technology solution
How we did it? BusinessBenefits
• Seamless onboarding—The moment an offer is accepted by a
candidate, data flows into the PeopleStrong Alt, leading to
creation of employee profile.
• Integration with master database—the minutest of changes
done in the master database are reflected in PeopleStrong Alt
without manual intervention
• MIS and alerts—Email alerts to all stakeholders for any activity
requiring their approval
• Leaves—Distribution according to the departments, locations,
employee designation etc.
• Exit—More transparent Exits. Online No Dues Clearance. SLA
based notifications to managers
• Master reports available on the basis of user
access (Attrition report, Leave
• Balance Report, Onboarding report,
Employee master report)
• Huge reduction in TAT for Exit and
onboarding through automation
• Enhanced employee engagement
• One India Experience through
standardization of processes.
Success Stories| HCM| Global Energy Management Specialist
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Onboarding |Exit |Leave |Single Sign On | Payroll ESS
|Letter generation| Contract staff management
Corporate Office
A 10 Infocity, Sector 34 , G urgaon, H aryana - 122001
E: contact@ peoplestrong.com
M : +91 9560998686 | T: +911244782400 | F: +911244273762
#SimplifyWorklife
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