Building a Compliant and Agile Workforce for a Global Manufacturer
Client Background & Challenges:
The client is a leading global construction and machinery manufacturing company with a presence in India and operations across four continents. Despite their expansive global reach, the client was facing significant compliance challenges with their previous vendor, which was a local provider unable to offer end-to-end workforce management solutions. As a multinational corporation (MNC) operating in India, the client sought a partner with a pan-India presence to streamline their hiring processes, payroll management, and statutory compliance procedures. Their primary objective was to ensure full adherence to all Indian labor laws and regulatory requirements, which their previous vendor was not effectively managing.
Tailored Workforce Management Solutions:
TeamLease took over workforce management responsibilities, offering comprehensive payroll, hiring, and compliance support. The transition involved implementing a seamless and efficient payroll system to eliminate inaccuracies and ensure 100% statutory compliance. To enhance efficiency, TeamLease introduced automated payroll processing and a centralized process compliance tracking mechanism, reducing errors and ensuring timely adherence to labor laws.
TeamLease, India's leading HR outsourcing and workforce management company, took over the client's workforce management responsibilities, offering comprehensive payroll outsourcing, talent acquisition, and compliance management support. We implemented a seamless payroll system that eliminated inaccuracies and ensured 100% statutory compliance with Indian labor laws.
To enhance operational efficiency, TeamLease introduced automated payroll processing and a centralized compliance tracking system, reducing errors and ensuring timely adherence to labor laws like ESI, PF, and Gratuity.
Our workforce solutions helped address the client’s growing workforce needs by deploying a robust hiring strategy focused on sourcing skilled talent for plant and field associate roles, as well as professionals in finance, sales, and customer service. With established operations in key locations such as Delhi NCR and Pune, our solutions enabled the client to build a stable, compliant, and scalable agile workforce that met their dynamic needs.
Key actions included:
- Implementing an efficient, automated payroll system to eliminate inaccuracies and streamline monthly payroll processing.
- Establishing automated tracking for statutory compliance, ensuring timely adherence to all regulatory requirements without manual intervention.
- Customizing a hiring strategy focused on sourcing skilled talent for both plant and field associate roles and key functions like finance, sales, and customer service.
- Deploying a robust local recruitment strategy in key regions like Delhi NCR and Pune, leveraging TeamLease’s established presence to support the client’s growing needs.
This comprehensive approach not only ensured compliance but also built a scalable, agile workforce that could easily adapt to the client’s evolving business demands.
Results and Impact:
The collaboration with TeamLease resulted in significant improvements across the client’s workforce management processes. These improvements included enhanced payroll accuracy, more efficient hiring, and guaranteed compliance with Indian statutory regulations. By implementing a robust recruitment strategy, we helped the client achieve on-time hiring and improved workforce stability.
Over the past four years, the client’s associate base grew at an impressive CAGR of 39%, reflecting the streamlined processes and reliable service delivery. The enhanced workforce management solutions enabled the client to scale operations effectively while staying fully compliant with local regulations.
Satisfied with the exceptional results, the client is eager to expand the partnership further by onboarding more associates through TeamLease, particularly focusing on contract staffing and flexible workforce solutions
.The partnership with TeamLease delivered measurable success across several key areas:
- Compliance: Enhanced process compliance with a 100% reduction in statutory non-compliance issues, ensuring the client adhered to all local labor laws.
- Payroll Accuracy: Improved payroll accuracy by 98%, eliminating errors and discrepancies in pay, thus increasing employee satisfaction.
- Hiring Efficiency: Through a tailored recruitment strategy, hiring timelines were reduced by 30%, enabling the client to onboard talent more quickly and efficiently.
- Workforce Stability: Over the past four years, the client’s associate base has grown at a CAGR of 39%, a direct result of the streamlined processes and reliable service delivery.