Leading UAE business support services provider achieves milestone after securing 240 new contracts valued at AED 610 million; increased market share across all sectors driving growth
UAE-based Transguard Group today announced that it had reached yet another major corporate milestone, as its headcount increased to beyond 50,000 employees. Over the last six months, the business support services provider has secured more than 240 new contracts with a combined value of AED 610 million.
Commenting on the milestone, Greg Ward, Managing Director, Transguard Group, said: “Our business has grown significantly this financial year. Since the 31 March, we have deployed an additional 4,000 fulltime employees to service the raft of new contracts that we have secured.
Transguard is now clearly one of the fastest growing business support services providers in the UAE, with growth recorded in every industry sector.
“Our unique sales proposition is that we offer a complete end to end service model to all of our customers, where we provide the staff for a contract in addition to delivering and managing the contract on our client’s behalf” said Ward.
The largest headcount growth has been experienced in Manpower Services followed by Transguard’s Integrated Facility Services which provides end to end facilities management to some of the UAE’s most iconic landmarks including shopping malls, property developments, hotels, transport networks and theme parks.
“We are now seven months into our current financial year, and we are confident that we will emulate last year’s outstanding business performance, when we recorded a 38% year-on-year growth in revenue hitting record turnover of AED 1.4 billion.
We are also examining new revenue streams with the launch of an ‘App’ based cleaning and maintenance company for residents in Dubai, and entering the security technology space with security consulting and integration being added to our existing security portfolio” added Ward.
Employee retention is critical to an organisation of Transguard’s size, therefore a strategic focus has been put on effective employee recruitment and engagement, aimed at attracting the best and keeping them and creating a mutual growth culture within the organisation.
Transguard’s philosophy of investing in people, starts with recruiting the highest calibre candidates, screening through a vigorous recruitment process which includes an online application stage, in person interviews locally or abroad and English language examinations.
“We have a custom designed Transguard recruitment framework which matches candidates with the right skills for any company, in any sector we operate, for any role. Our clients want our people to understand their business, so training and development and growth opportunities are critical to our business model,” said Ward.
Through investment in process improvement and technology, Transguard has increased its recruitment capacity from a maximum intake of 1,200 staff per month in 2014 to 5,000 per month this year.
“This is a crucial part of our business. Our customers often have stringent deadlines to meet, to fulfil their contractual commitments and having the ability to mobilise a large workforce efficiently, certainly affords us a competitive edge,” said Ward.
Transguard’s in-house training academy provides practical and vocational training of 2-4 weeks for every new joiner. Every semi-skilled Transguard recruit attends this training, with additional specialist, technical and management training provided when required.
Transguard has also invested in the welfare of its staff, with beautification works improving green spaces for prayer, relaxation, meditation and leisure, being carried out at a number of its 26 accommodation centres across Dubai. Along with UAE healthcare provider Al Tadawi Medical Centre, Transguard has also opened two fully equipped medical facilities in its Muhaisna and Jebel Ali accommodation centres in Dubai.
About the Transguard Group:
The UAE-based Transguard Group, an Emirates Group and Al Hail Holding company, was established in 2001 and is now the leading business support services provider in the region, with a turnover in excess of AED1.4 billion. The group has diversified significantly and has become an international business support services conglomerate leading in the fields of manpower services, cash facilities management, cash services, security services, integrated facility services. The group has a full-time staff of over 50,000, led by an experienced international management team.