Workforce Holdings Limited (JSE:WKF)
Workforce Holdings Limited (JSE:WKF) and its group of companies is a leading, trusted provider of employment, training, healthcare, wellness, financial services and lifestyle benefits to individuals and their employers.
Established in 1972, Workforce Holdings is listed on the JSE Altx exchange, employing over 1340 permanent staff and paying approximately 34 240 assignees.
The company's business model reflects its diversification and is structured into five operating segments, namely: staffing and recruitment, training and consulting, employee health management, financial and lifestyle products, and process outsourcing. This structure is core to the sustainable growth of the organisation as it facilitates integration and further diversification of its services, including expansion into adjacent services and new markets.
The group operates predominantly in South Africa, and boasts an extensive national branch infrastructure that extends to all the provinces in the country. Recent expansion has seen the establishment of a presence in Mozambique, Namibia, Botswana and Mauritius
By pursuing its purpose of making a meaningful and sustainable difference in people’s lives, Workforce introduces thousands of workers into the job market on a national basis, realising significant economic benefits from skills, youth development and job creation – particularly for first-time job seekers who use atypical employment as entry into the job market and gain from training and skills development provided. This is a crucial link in the job market and one that is followed in many markets internationally. Workforce creates jobs for the previously disadvantaged, the youth, women and people with disabilities. These factors, give the group a sustainable future business model which has evolved over 45 years.