1、Workforce on Demand:Mapping Indias Staffing Ecosystem,Why Staffing?,Staffing Industry Opportunities in India,Status of Employment,6 20,Source:EPFO,PLFS Annual Report,FY30 data from Quess Presentation of March 2022,900 1282,500 785,110,77 257,Government Policies&Support,Does the clear necessity,macro
2、 tailwinds and govt support make for a compelling investment case?,Staffing Industry Categorization,Staffing Industry,Staff Augmentation(Contractual Staffing),Managed Services,Industrial Catering,Security Services,Business Services,Professional Staffing(IT Staffing),General Staffing,Facilities Manag
3、ement,Other HR Services(Search,RPO,Payroll,Compliance,Training,Job Portal etc),GCC as a Service,Easy to Enter,Difficult to Scale,What does it take to set up a staffing company?,Company with PAN,TAN,GST registrationProvident Fund&other complianceContract Labour Act registration,What does it take to s
4、cale it up?,Ability to comply with regulations in each state/district of operationsContinuous investment in technologyRecruitment capabilitiesStrong brand name to attract and retain talentStrong balance sheet to support working capital needs,No technical skills No technology backboneMinimal capital
5、requirementNo brand name,Staffing Industry Characteristics,General Staffing,General Staffing Headcount Growth,Industry headcount grew by 15%and 9%over past 10 years and 7 years respectively,Source:Company Presentation and Annual Reports,Industry Reports,PPFAS Research,General Staffing Revenue Growth
6、,Source:Company Presentation and Annual Reports,PPFAS Research,Deconstructing General Staffing Topline,Net Revenue/PAPM,General Staffing:Declining Trend in PAPM,Source:TeamLease Quarterly Concalls,PPFAS Research,Core Employee Productivity Improvement Plateauing,Source:Company Filings,Concalls,PPFAS