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Quess Corp's General Staffing division first in India to cross 250,000 associates

Posted On: 2021-09-20 12:57:53 (Time Zone: IST)

Quess Corp Limited, India's largest business services company, today announced that its General Staffing division has achieved yet another milestone by scaling the 250,000 associate mark, making it the first Indian staffing company to achieve this feat and further cementing the company's position as leader in the staffing space. Quess General Staffing has added over 50,000 headcounts in past 12 month, growing over 25% in a year, and 285% in 5 years.

Commemorating the milestone, Ajit Isaac, Founder & Chairman, Quess Corp, said, "We are both pleased and grateful to our customers, employees and our widespread network of associates who have helped fuel our dramatic growth over the last 14 years and propelled us to be the world's 5th largest staffing company by headcount over this period. Our commitment to providing the right talent with the right opportunity to work, while easing the burden of talent acquisition for businesses, is only reinforced through the achievement of this milestone."

Despite the COVID 2nd wave, Quess General Staffing has seen 11 months of growth over the last year. Growth has been primarily aided by over 25% growth in BFSI, Telecom, Manufacturing, Industries and Public enterprises, agriculture, and IT / ITeS. While the FMCG/FMCD sectors have seen a modest growth of 10%~24% over this period, retail has declined due to COVID's impact on entertainment, travel, hospitality, tourism and mall operations in some parts of the country.

Lohit Bhatia, President of Workforce Management, Quess Corp, added, "despite fluctuations in demand and supply of talent in a highly volatile market, Quess Staffing has grown at over 25% in past 12 months to scale this new milestone. Our dedicated efforts towards building industry-leading technology platforms to complement our physical capabilities are paying off, even as we double down to ensure Quess Staffing remains the preferred partner for customers and associates alike."

Quess General Staffing has always been technology-led and at the forefront of digital revolution in the staffing space, while also building physical reach and scale (over 65 branches and 122 training centres). The launch of Quess's proprietary QJobs bluecollar jobs app (over 900K active screened candidates), digital onboarding in less than 5 mins via POP (over 1Mn downloads), workforce management and productivity tool WorQ (over 600K downloads and 300K activated users) enhances output and outcomes for clients and makes working smooth for associates and clients especially during the hybrid working.

Speaking on the occasion, Guruprasad Srinivasan, COO-India Region said, "With the support of our associates, we have been able to grow despite challenges, and through continuous investment in the potential of our growing workforce, we believe that this is merely the first of many more milestones to be achieved. We see the combination of post-pandemic market recovery, the impetus of the government's Aatmanirbhar Bharat agenda and PLI schemes for various manufacturing segments, and the implementation of the new Labour Codes in the coming year as tailwinds that will further fuel formalization across tripartite staffing."

Shares of Quess Corp Limited was last trading in BSE at Rs. 972.95 as compared to the previous close of Rs. 951.3. The total number of shares traded during the day was 42096 in over 4300 trades.

The stock hit an intraday high of Rs. 990 and intraday low of 937.65. The net turnover during the day was Rs. 40402077.

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