MNC Compliance Streamlining
Streamlined Compliance Process Pan India for a Logistics Organisation
Company Info
- The client is a leader in Logistics Industry with a presence for more than 30 years
- The client is involved in the transportation of goods across India via Air, Road and Rail
- Provides Services to some of India's largest Organisations
Problem Statement
- All Warehouse employees working in an informal manner with no compliances and daily payments
- Facing challenges in Labour audit
- Observing high attrition rate for the associates
- High Associate Absenteeism due to daily wage payment model
- Pay Linked with Productivity, hence cost escalation concerns if change in employment model will result in productivity reduction
- Daily Cash Payment leading to hassles in payment reconciliation
- Sourcing and mobilization of right talent
Solution Provided
- Developed a Robust Salary Model linked with Productivity, thereby ensuring no productivity drops or earning drop for workforce
- Daily Productivity measurement process to ensure issues cropping at later stage
- Comprehensive Training and counselling of workforce, allowing them to understand benefits of PF, ESI and payments via Bank
- Comprehensive Sourcing and Onboarding strategy implemented, leading to limited issue to employee absenteeism
- Pool of Trained Gig Workers were trained to ensure replacements were provided in case of short absence by associates
- Ensured all the compliances are taken care of related to contractual manpower
Outcome
- 100% compliance of all Associates across all locations
- Smooth Transition to new employment model with negligible operational issues
- Productivity targets were achieved with negligible cost increase
- Quick ramp up of associate base with high conversion rate
- Negligible attrition observed across all levels in the first 3 months
Interested in a similar solution for your organistion, the feel free to connect with us.