Over the last 12 years TeamLease Services has placed 1 person every 5 minutes. The fact that it was able to place only 5 % of candidates who walked into its centres raised serious questions on the ‘Quality of Education’ as well as chances of Employability Skills dearth amongst the youth.
This demanded for innovation at the intersection of 3E’s namely, Employment – Employability – Education. We treat this as highly linked subjects. However, we also see need to excel in each of them individually, in addition to build on synergies, so that the combined impact is much larger.
TeamLease Education Foundation (TLEF), 100% subsidiary of TeamLease Services Pvt. Ltd. was created with an objective to establish TeamLease Skills University (TLSU), India’s First Vocational Private University, in response to national call for large-scale skill inculcation and get incorporated as a Private University under the provisions of the Gujarat Private Universities Act, 2009.
Memorandum of Understanding (MOU) was signed between TeamLease Services Pvt. Ltd. and the Government of Gujarat on January 12, 2011 during the Vibrant Gujarat Global Investors Summit, 2011, to set up a Private University for Vocational Education. The Government of Gujarat had issued a Letter of Intent (LoI) to TLEF on February 7, 2012 for establishment of “TeamLease Skills University”.