A Plus Manpower

[Erwin Beatz]

POLARLabelSystem DC-12 PLUS is designed for highly automated inline production of bundled die-cut labels. The future-proof, new industrial control system enables remote maintenance and diagnostics, as well as integration into the digital workflow.

Industrial control system enables remote services as well as integration into the digital workflow

Excellent performance of up to 1,440 bundles per 60 minutes with a minimum of manpowerCapacitive colour display with touch function enables faster, more intuitive operationJob changeover at the touch of a button: minimum makeready times and format changeover in approx. 15 minutes thanks to automatic presettings

Utmost cutting and die-cutting precision via fixing the materialAutomatic cutter Autocut 25 PLUS with alternate knife frame allows preparation off the machineSystem die-cutter DC PLUS is equipped with an alternate-frame system with patent positioning aid which allows preparation off the machine. An alternate frame in center position allows the easiest alignment to the right and left sides (patented). Size adjustment of gauge and feeder unit is carried out without any tools and synchronous via hand wheel (patented). For setting the register the stamping punch can be continuously extended millimeter by millimeter. On POLAR single-station bander BD PLUS size adjustment is motor-driven via central control display. This allows also a precision adjustment in automatic operation.

Recruiting overseas workers has become a common practice for many companies in India. This has led to the growth of overseas recruitment agencies and the need to obtain a valid RA license to operate. An RA license is popularly known as an overseas recruitment license. The license ensures that the recruitment agencies follow the laws and regulations set by the Indian government, protect the rights of workers, and promote ethical recruitment practices. In India, a RA License, also known as an Overseas Recruitment Agent License, is a legal permit that allows an individual or a recruitment agency to conduct overseas recruitment activities.

An Overseas Recruitment Agent License (RA license) is a mandatory requirement for all agencies that are engaged in overseas recruitment activities in India. This license is issued by the Ministry of External Affairs (MEA) and is valid for a period of five years. The license ensures that the recruitment agencies follow the rules and regulations set by the Indian government, protect the rights of workers, and promote ethical recruitment practices.

The primary reason for obtaining an RA license is to operate as a legitimate overseas recruitment agency in India. The license proves that the agency has met the necessary requirements set by the government and is authorized to recruit workers for overseas employment. Additionally, the license helps to protect the rights of workers, ensure their welfare, and promote ethical recruitment practices.

Yes, you can initially obtain a RA licence with a bank guarantee of Rs 8 lakh and later increase your capacity from 100 to 200, 300, 400, 500, or 1000+ by submitting an additional bank guarantee in multiples of Rs 8 lakh.

The specific documents required for obtaining an overseas recruitment agent license vary depending on the bank guarantee opted for and the type of applicant company. However, the common documents required are:

Yes, the RA license must be renewed every 5 years to continue operating as a legitimate overseas recruitment agency in India, The renewal application must be submitted 6 months before the expiry of the license.

If an agency does not have an overseas recruitment agent license or manpower license in India, it is operating illegally. The agency may face severe penalties, including fines, imprisonment, and the closure of the business.

After obtaining an RA license (overseas manpower license), you will be able to provide placement for any type of job such as white collar, blue collar, hospital, hospitality professionals, etc., who will be employed in foreign countries.

The simplest way to obtain a bank guarantee is to mortgage a fixed deposit; you can also mortgage property, but this will be very expensive.

Remember that banks typically charge around a 2% annual commission for issuing bank guarantees. This commission is collected in advance and is calculated based on the amount of the bank guarantee and the number of years the bank guarantee is valid.

Of course, a cost-plus contract has some drawbacks to consider as well. Significant amongthem, a contractor must be meticulous about managing and tracking all expenses it lays outin order to be reimbursed. This can create potential cash-flow issues if not handled well,which is why many turn to software for the heavy lifting.

Not knowing how much the project will cost in the end may make some project owners feeluneasy. If profit is to be paid as a percentage of costs, a contractor has little reason tokeep costs down, right? A cost-plus contract that includes a cap on expenses can go far inavoiding disputes down the line.

Take, for example, a contractor who specializes in building and repairing driveways andsidewalks. The contractor knows exactly how much cement it takes to replace a square foot ofa sidewalk, as well as how long the job will likely take. With measurements in hand, thecontractor can easily determine how much the project will cost and submit a fixed-price bidfor the work.

Fixed-price contracts come in a few variations. The one described above is a firm fixed-pricecontract. Another type is a fixed-price incentive contract, which includes financialincentives if, for example, the contractor completes the project ahead of schedule. Yet athird type, a fixed-price contract with economic price adjustments (FP-EPA), allows for thefixed price to be adjusted based on inflation or a significant change in cost for materialsor labor. This contract usually works better for longer-term projects that span severalyears.

A fixed-price contract is often appropriate for projects with a predictable scope. These tendto be smaller projects that a contractor has performed numerous times, like replacing aroof. But for bigger projects where the scope of work is hard to fully know ahead of time,such as the construction of a new apartment complex, a cost-plus contract is often thebetter choice.

The strong growth of Mplus as a global BPTO (Business Process and Technology Outsourcing) player based in Zagreb was fueled by ambitious market expansion and investments in the latest technological solutions. The strategic decision to generate growth through the market consolidation of the acquired companies brought Mplus organic growth that amounted to more than 20 percent of the revenue achieved in 2021, i.e. around HRK 160 million. The rest of the growth is attributable to acquisitions made during 2022.

At the very end of 2022, Mplus partnered with the management of a group of companies that manage the American brand Manpower, a leading global name for human resources, in the region of Southeast Europe. The partnership, which is awaiting regulatory approval, builds a new HR vertical of Mplus, which will include 15 companies in six countries under the umbrella brand "Workplace", which in 2021 had a total revenue of EUR 90 million. With the implementation of new technologies and market consolidation, Mplus expects that the revenues of the HR vertical will increase materially in the next three years.

In 2022, Mplus successfully issued the first Croatian ESG bond on the Zagreb Stock Exchange, a security whose interest rate for investors will depend on the successful implementation of the issuer's environmental, social and management goals. This is the third successful issue of Mplus on the domestic capital market after the issuance of new ordinary shares in 2019 and the secondary public offering in 2021, and on this occasion, 300 million HRK was collected from institutional, private, and individual investors.

Mplus Group is the European BPTO (Business Process and Technology Outsourcing) leader founded in Croatia in 2007, it successfully integrates the dynamic industries of contact center, information technology and employment services with the aim of solving global challenges in the field of customer support. Mplus Group is owned by private investors, all mandatory pension funds in Croatia, several voluntary pension and private investment funds, and Mid Europa Partners, a leading investment fund for investments in Central and Eastern Europe based in London. With its innovative business model, Mplus Group accelerated its presence on the market with intensive organic growth and an M&A platform based on the buy and build strategy since 2016, it has made 18 acquisitions and secured a diversified portfolio of clients that includes leading European and global telecoms, financial, technological, energy, logistics and electronic trade companies, as well as companies in the consumer goods sector. Thanks to offices and operations centers located in 48 locations in 15 countries, Mplus' community of multicultural teams currently consists of over 13,000 employees creating superior user experiences in more than 30 world languages. n addition to Croatia, it operates in Bosnia and Herzegovina, Germany, Slovenia, Serbia, Turkey, Georgia, Romania, Hungary, Slovakia, Spain, the UK, the Netherlands, Switzerland and the USA, providing its services in 58 markets around the world. With its development strategy, the Group achieved impressive results of business integration, creating new value resulting from human expertise, talent management and the introduction of advanced technologies.

: In most cases, manpower authorizations are established by manpower determinants, which contain programmed manpower equations based on workload factors, such as, population supported or installation square footage. For example, the programmed population supported for a fiscal year is entered into a manpower equation that calculates the monthly manhours required to perform Civilian Personnel workload within 28 FSS/FSC. This manhour total is divided by an AF manpower availability factor to determine the number of requirements that will be put on the UMD for that flight.

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