PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million...

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PeopleStrong Corporate Presentation © PeopleStrong.Disclosure not permitted Winners of the HRO today APAC award for four consecutive years.

Transcript of PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million...

Page 1: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

PeopleStrongCorporate Presentation

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Winners of the HRO today APAC award for four consecutive years.

Page 2: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

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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

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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

Page 5: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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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Page 6: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

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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

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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

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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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Page 10: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

Page 11: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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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

Page 12: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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.

Page 13: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

Page 14: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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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Page 15: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

Page 16: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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

Page 17: PeopleStrong...Inception of India’s fastest growing HR Startup •First customer and multi million HR deal •Investment by Lumis Partners The first survey with Business Today Rated

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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