Slide 1: Q1 2015 Investor Presentation
Q1 2015 Investor Presentation
Slide 2: Forward-looking statements
Q1 2015 Investor Presentation 2 Certain statements made by us in this presentation that are not historical facts or that relate to future plans, events or performances are forward-looking statements that reflect management’s current outlook for future periods, including statements regarding future f
Slide 3: Company overview: $2.2B 2014 revenue and industry recognition
Named 2014 Global RPO Leader and Star Performer by Everest Group and HRO Today Magazine Named to Forbes Most Trustworthy List for its governance and accounting transparency Founding member of the U.S. Chamber of Commerce Veterans Employment Advisory Council Partnerships with U.S. Department of Homel
Slide 4: Investment highlights
4 • Market leader in blue-collar staffing • Diversification into rapidly growing outsourcing market through acquisition of market leader • Compelling market trends support continued organic growth • Increased use of centralization to reduce branch dependency without impacting service quality • Great
Slide 5: Service offerings: on-premise, MSP, RPO and staffing
Exclusive recruitment and on-premise management of a facility’s contingent industrial workforce Management of multiple third party staffing vendors on behalf of clients (MSP)1 Outsourced recruitment of permanent employees on behalf of clients (RPO)2 • Centralized sourcing and recruiting processes •
Slide 6: Range of staffing and workforce solutions
6 Skilled staffing Longer-term staffing assignments Staffing vendor management program Full-time, permanent employment Shorter-term, temporary staffing Longer-term assignments, contingent labor with on-premises management Temporary staffing and outsourced management Q1 2015 Investor Presentation
Slide 7: Compelling market trends driving growth
Use of RPO surges on recruiting challenges • Frees up client to focus on core competencies • Streamlining the recruitment process reduces costs • Reduces time to fill • Improves the quality of hire • Ensures compliance across all talent acquisition Businesses increasing use of Managed Service Provid
Slide 8: Industry dynamics and business mix by vertical
Construction Manufacturing Transportation Logistics In d u s tr y D y n a m ic s • Construction spending on the rebound • Positive momentum for housing starts; construction employment on the rise • Multiplier effect on manufacturing, warehousing, logistics, retail, and services • U.S. Manufacturing
Slide 9: Strategic priorities for growth
9 • Effectively use capital to increase shareholder returns • Add industry leading talent, ensure strong cultural fit • Integrate similar offerings and processes, leverage best practices, preserve differentiated expertise • Expand leadership position in workforce solutions • Increase service offerin
Slide 10: Grow market leadership
10 GROW MARKET LEADERSHIP Strategy Produces Results Strategy Increases Growth Opportunities • Bring existing lines to more markets • Expand service offerings within key national accounts • Leverage industry expertise to deliver the right talent to drive customer productivity • Increase fill rates by
Slide 11: Benefits of expansion into outsourcing
11 • RPO is a fast-growing market; 10% projected growth 1 • Offerings are complementary with staffing solutions, minimizing sales channel conflict • Strong customer renewal rates (95%+) and favorable long-term outsourcing trends providing greater revenue stability and predictability • Centralization
Slide 12: Technology enabled service delivery and processes
12 Technology Enabled Service Delivery and Processes Technology and Efficiency Yields Value • Electronic pay more convenient for workers; reduces payroll processing time • Mobile dispatch/assignment improves candidate response rate while increasing business efficiency • Reduces branch footprint ($1.
Slide 13: Acquisition strategic focus and results
13 Strategic Focus • Strengthen existing services • Add complementary services in high-growth markets • Add new business capabilities • Expand into new geographies and markets • Add new talent Results • 18 acquisitions over last 10 years • $550M invested • ROI exceeds cost of capital Strategic Fit L
Slide 14: Investment highlights summary
14 • Market leader in blue-collar staffing • Diversification into rapidly growing outsourcing market through acquisition of market leader • Compelling market trends support continued organic growth • Increased use of centralization to reduce branch dependency without impacting service quality • Grea