About the Company
<img alt="\"\"" data-cke-saved-src="\" src="\"https://www.siliconindia.com/magazine/year_book/logo_images/45WsNQOf.jpeg\"" style="\"width:" 344px;="" height:="" 350px;="" float:="" left;margin-right:10px;\"="">With an ever changing environment and an ever increasing demand, the recruitment industry can only see an upswing in the future. To be surging ahead in these tough waters, relationships and innovation play big roles. Peepal Consulting, a decade experienced staffing and consulting firm located in the heart of Bangalore, Karnataka is a group of domain specialized Executive Search firms; most of them being a pioneer in their own space. The firm is also a member of Industry’s Leading body, Executive Recruiters Association, for the past 8 years. Spread across four domains, namely- Product Peepal, Analytics Peepal, R&D Peepal, Quant Peepal, the firm has had 100 clients, 500+ Closures, 1000+ Mandates, and 500,000+ Relationships.
Peepal has grown and magnified its reach and maintained a commitment to high performance and unsurpassed industry knowledge. They are looking forward to take up many more challenges to attain heights and become a firm which will have strong roots and will spread its branches all over the globe.
Market Landscape
Arguably, recruitment is the first step into the big world of employment. Several thinkers have emphasized on how important it is to have the right individuals for the right job. As cliché as it sounds, the line holds more value now than in the past. With potential employees being more focused on finding the right jobs for themselves with respect to interest and of course, the salary, several companies have become highly receptive to such expectations as well as their own requirements. So much so, employee and employer expectations seek more congruence with the passage of time.
External agencies have always proven to get the burden down and help procure candidates who not only fit the job descriptions, but also informal aspects of the companies as well. From the past 20 years, the recruitment industry has grown in terms of revenue, and the number of players. With a share of close to Rs 20,200 crores in the market, and 20,000 plus players, there’s no turning back.
According to the Executive Recruiters’ Association, a non-profit Chamber of Commerce body that represents the Indian Executive Recruitment Consulting firms, the recruitment industry has been classified into Search, Selection, and Staffing, all of which have seen growth tremendously. Owing to such heavy competition and growth, the industry is constantly changing to accommodate the very many changes that have been induced overtime. The newest trends that are here to stay include those of social network recruitment, mobile recruitment, talent branding, and quality based search.
Challenges
Companies are now focusing on developing internal teams to cater to their recruitment needs and become more vendors independent. Hence it could be extremely challenging. However, Peepal Consulting aims to be proficient in the domains they cater to. The company understands the needs and is capable of catering to niche requirements with rigid timelines. It has managed to not only close a requirement which had been open for close to an year in extremely short time; but also closed it with just half the number of CVs that it usually takes. It further focuses on continuously improving their services which gives them an edge above the others.
Services
Peepal Consulting focuses to help solve talent acquisition pain points of their clients, throughout India.
Differentiating Factors
The company has chosen to work in some of the most niche and challenging fields of business. Every subsidiary at Peepal works with a dedicated team of employees engaged only in the specific domain, increasing their understanding, reach and relationships. Peepal Consulting caters to domains as Analytics, Research & Development, Quant and Product Development. They also provide extensive insights on the recruitment trends in the industry which help the clients to get an overview of the current scenario and take the right steps.
Clients
-Top Global Investment Banking Firm
-One of the Top 3 Global Banks
-Largest Reinsurance firm from Europe
-Big four Audit and Consulting Firm
-Top German Bank Captive
-One of the Top 3 Retailers from US
-One of the top IT and Analytics Consulting Firms
-Top Security Software Firm Captive
-Top Global Commerce Firm Captive
Organizational Culture
One of the founding pillars at Peepal is, ‘Focus’. The company has always believed business value is generated with dedication, determination and attention to detail. As a young organization, Peepal is filled with people with a right blend of experience and vigor and believes in celebrating work. They not only celebrate birthdays and work anniversaries, but every achievement or milestone, big or small is celebrated.
Harboring Innovation
Peepal is an organization where one has several platforms to express oneself. These platforms help in encouraging and recognizing innovation. One such platform is the Fun Fridays. Not only does it build the bond among teams but also help the employees activate their creative cells.
Global Strategy
The company caters to four domains as of now. Currently, they are one of the top search firms in India for Analytics and Product Development domains and aims to become the top search firm in all the domains they cater to. The company is also looking to expand in three other domains by end of 2016.
Quick Facts
1) Year of founding: 2005
2) Funding information: Self funded
3) Founding members: Vijay Kumar
4) Office locations: Bangalore
5) Company strength: 50
6) Website: www.peepalconsulting.com
