New company from Transguard

In an attempt to provide the white collar institutions with contract resourcing services the Transguard Group, a part of the Emirates Group, has launched a new company.

The primary agenda is providing end-to-end recruitment and contract resourcing services to professional organisations throughout the UAE and the wider GCC countries.

The group will focus on providing management, technical and administrative personnel on either temporary or short term contract basis. Initially the company will concentrate on the ICT, legal, energy and finance sectors, as well as other service professions.

“The new entity will benefit from Transguard’s existing and unrivalled experience in selecting, recruiting and providing skilled and semi-skilled workforces for organisations across the region. Extending that capability into white collar roles was a natural step, filling a large and pre-identified market niche,” said Geoff Shewry, Executive Director of Transguard Themis.

“Whether hiring a CEO on a fixed term contract, two hundred call centre staff to implement a sales campaign, or creating a ‘pool’ of contract workers to help the peak times in hospitality or retail market demand; the annual growth of temporary contract work in the UAE will be double-digit,” added Armes.

Armes, a recruitment professional with seven  of  experience in the UAE, identified the gap in the market.

“If Dubai’s economy is going to be driven by trade, transport and tourism, a flexible workforce must flourish to effectively manage the ebb and flow of business activity. Local and regional government is supportive of improved labour flexibility and further reforms to relax policies for part-time workers are under review,” stated Armes.

The launch of Themsis comes at a time when research company Frost and Sullivan reported that the global outsourcing market will grow by almost 30% to reach $480 billion by 2016. Compound annual growth rates of global markets during the same period will be 8.35%, while the UAE will experience 10% growth, with the ICT sector leading the way.