Can a Payroll Vendor Help in Mitigating Business Risks? – Manufacturing Company Case Study

Manufacturing Ireland Ireland United Kingdom United Kingdom
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Challenge

Lockdown adversely affected a major Manufacturing client's sales revenue because of logistics and supply chain disruptions, compounded by currency fluctuations. To keep the company afloat and still pay salaries, our client had to reduce operational costs, but without reducing headcount, adhering to the employment stability in private sector establishments legislation set out by the Ministry of Human Resources and Emiratisation.

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Manufacturing Client (Name not disclosed) Outsourced Payroll Solutions

Solution

OPS worked fast to adhere to a tight timeline, using its extensive and finely honed resources, in close partnership with the company management and its employees, also keeping up the staff morale. We mapped our client's needs and carefully assessed the pay structure, leading to a salary restructuring that reduced staff costs by 20% without a single casualty.

Results

Our steps in to streamline staff utilization, enabling our clients to continue to pay salaries even during times of financial crises. The company achieved a 20% reduction in staff costs without any layoffs, maintaining employment stability while managing operational costs during the challenging lockdown period.

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