EFY Times  
Saturday, March 07, 2015

 
GO
 
 

Adecco India First HR Firm In India To Scale The 100,000 Mark
 
Home >> Infotech >> Awards and Recognition
 
Adecco India First HR Firm In India To Scale The 100,000 Mark  
 
   
Rate this news:  (1 Votes)
Friday, November 26, 2010 Adecco India, the Indian arm of the €14.8 billion Adecco Group, the global leader in HR services and a market leader in India, today announced that it has become the first ever HR firm in India to scale the 100,000 peak in the number of temporary staff on its rolls.

The company crossed the magic number in November, 2010.





Adecco India also unveiled its plans to scale from 80 offices across India to 120 by 2011 to make it the firm with the largest and widest reach in the country. The network will arm Adecco with the capabilities to source the right talent and provide JIT
(Just-In-Time) workforce to over 1500 customers, not only in the
metros but also in tier II and III cities, enabling the company build on its leadership positioning in the space.

These 100,000 associates are placed across diverse verticals like Infrastructure, IT, Retail, Logistics, Telecom, FMCG, Engineering, Banking and Financial services among others.

Sudhakar Balakrishnan, Managing Director and CEO of Adecco India, commenting on the achievement, said, “It is a proud moment that we put 100,000 people to work everyday and with this milestone, I am extremely delighted that Adecco India is one of the largest private sector employers in the country. Our employees are today placed in some of the leading global and domestic majors, not only at entry level but also in senior and middle levels.

With an extensive network of 80 branches, we are closer to our clients and associates across geographies. This enables our customers to further expand their services and business to tier II and III cities as Adecco can provide them a head start to penetrate these cities with the right talent. In 2011, Adecco India plans to expand its branch network to 120 offices.”

He further added, “Flexible employment has witnessed positive growth in the last couple of years and has had great acceptance by candidates and employers, this can change the future of work in India for good and positively impact the economy.”

Due to urbanization, it is estimated that there will be 70 cities with population of over 1 million by 2020. 140 million people are expected to move to cities by 2020 and about 700 million by 2050. India’s most prized resource is its workforce and the labour market is about 540 million people but only 100 million make up for the organized workforce.

“Our country’s young workforce of 240 million between the age group of 20-28 can be a big differentiator for 8.5% + economic growth in the future and the staffing companies in India can benefit immensely from the demographic dividend. Temping could be the first form of employment for many aspiring young Indians”, said Sudhakar Balakrishnan.

Providing further insights, Sudhakar Balakrishnan said, “The staffing industry penetration is today about 0.3-0.5% among the organized
workforce compared to developed economies where the penetration levels are around 2.5% to 3% of the organized workforce. With the acceptance of temping, the industry is getting organized and there is a possibility of the penetration level to go up to 1.5-2% of the organized workforce over the next 5 years. Government regulations will have a positive impact on the industry.”

As companies expand their operations in India, Adecco will have a head start with its 120 offices and can leverage its distribution network and achieve scale, to cater to both expanding needs of clients and access talent in more markets.





Print Email Post Comment 
(Total Views: 1279)
 
Share

 
 
Infotech News
   
5 Super Useful Gmail Chrome Extensions
Tech Mahindra Strengthens Footprint In Vietnam
dinCloud Executive Recognized As 2015 CRN Channel Chief
Microsoft Ventures Launches Two New Programs For Later Stage Startups In India
KhauGaliDeals.com Initiates New Video Review Mobile App
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

DocLynk Fortifies Healthcare Recruitment Space With Its Newly Launched "DocLynk Jobs" Feature
CyberArk Supports Expanded Technology Risk Management Guidelines By The Monetary Authority Of Singapore
Snapdeal.com Partners With Jolla To Promote Strong Mobile Ecosystem In India For The Sailfish OS
CommunicAsia, EnterpriseIT And BroadcastAsia Will Be A Major Draw For Indian ICT And Broadcast Solutions Providers
Micromax Launches The All-New Mobile Canvas Selfie On Infibeam
Instant Football Scores For Drivers, Ford Announces 6 New Voice-Activated Apps For AppLink In Europe And Asia
Audio Pixels Holdings Limited Announces Performance Specifications
5BARz Establishes Subsidiary Company In India
High Efficiency Switching Surge Stopper Protects Against 200V & Higher Transients
iBall Launches Cobalt Solus: An Embodiment Of Style And Performance!
 
   

Weekly

9 Places To Learn Electronics Engineering Online
9 Places To Learn Electronics Engineering Online
Oracle Advances Vision For Enterprise Big Data
MWC 2015: Microsoft Intros Lumia 640, 640 XL Smartphones
Informatica Modernizes Data Management With Cisco To Fuel New Business Insights
Now Store 50,000 Songs In Google Play Music Cloud Locker
Apple iPhone 6, iPhone 6 Plus See Price-Cuts In India
Union Budget 2015-16: Key Highlights
IBM And Juniper Networks Partner To Build Smarter Networks With Predictive Analytics
Red Hat Introduces OpenShift Commons Community To Drive Innovation In Open Source Platform-As-A-Service
WhatsApp Web Can Now Be Accessed On Firefox And Opera Browsers Too!
Microsoft Lumia 640, A 4G Budget Smartphone Spotted!
10 Programming Languages To Learn In 2015 To Secure An IT Job!
Second Cyanogen OS Smartphone From Yu Televentures Coming In April: Report
Apple Finds Fresh Challenge From Indian Company Over iPhone Trademark
PHP vs JavaScript (Node.js): Which Is Better And Why!
SanDisk Creates New Storage Category With InfiniFlash All-Flash Storage System
 
   

Overall

Features
5 Super Useful Gmail Chrome Extensions
Here are 5 free extensions that will boost your email productivity....
Top 7 Useful PHP Related Websites
Here are some useful resources that can help you with PHP programming....
Top 10 Frameworks For Android App Development
Here are bunch of popular frameworks for Android App Development....
8 Common Smartphone Problems And Their Fixes
Here are eight most common smartphone problems and their possible fixes....
12 Most Useful Code Review Tools For Programmers
Code review tools are extremely helpful in detecting errors and the programmer is informed about how to correct the issue....
7 Tools That Can Boost Efficiency Of Your Employees
Being more efficient is a top priority for many business owners today. Here are seven tools that can boost your team's efficiency!...
7 Productivity Tools That Java Developers Must Know!
Java has most productive and creative features and Java tools make the language more efficient. Let's have a look at seven best Java development tools...
Top 6 Frameworks For Creating RESTful Services In Java
REST software architecture style is quite popular these days. The method is followed to develop scalable web apps. Here are six frameworks for creatin...
7 Best File Recovery Software Programs
There are lots of data recovery software around that can help. Here are some of the best among them......
6 Social Engineering Scams and How to Avoid Them
Here's how to recognise social engineering attacks and how to avoid falling prey to them....
5 Tips to Make Your Wi-Fi Connection More Stable!
Here are five simple tips to boost your Wi-Fi connection at your home, which have been compiled from a video created by StarHub....
5 Reasons To Choose Linux Mint Over Ubuntu!
Linux Mint is more recommended over Ubuntu by experts and here are five reasons for the same....
9 Ways To Learn How To Code!
Programming is a fun learning process if you are following the right path. Here are nine ways to teach yourself how to code....
Top 5 YouTube Downloader Tools For Ubuntu
Here are five easier ways to download YouTube videos on Ubuntu....
Top 10 Best Paying IT Job Titles For 2015
Here are top ten job titles in IT that pay over $90,000 per annum....
 
  View All
Dialogue
 
We Have Registered 50 Per Cent Growth In The Last Two Years: Arihant Lighting
Apart from LEDs, Arihant is associated with the promotion of renewable energy in India and therefore, manufactures various energy saving products....
“Elcom Plans To Build A New State Of The Art R&D And Manufacturing Unit In Maharashtra", Reveals MD Girish V Vaze
Starting out as a small business to cater to the industry’s need for import substitutes, Elcom International has grown to be a leader in the field of ...
Delta Magnets Ltd To Enter Into JV With Chinese Company!
The company had partnered with TDK Japan for technology transfer to manufacture magnets in India....
"Littelfuse Is Growing At Around 20-25 Per Cent In India And Expect That To Continue", Predicts VP Deepak Nayar
On the electronics side, Littelfuse has registered an 8-10 per cent growth, year on year....
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
   
  View All
Videos
 
First Look: LG Optimus G
The phone sports a high-end display and comes powered by a powerful processor. ...
Create QR-Codes For Free
TEC-IT releases the freeware QR-Code Studio to provide a quick and convenient way of QR code creation for every application scenario....
DoT Secretary Shares Plans For Growth Of Telecom Sector
M.F. Farooqui has recently taken charge as secretary, Department of Telecom....
Hands-On: Sony Xperia Z
Xperia Z is Sony's first entrant model in the big-screen smartphone category. ...
Hands On: Videocon A30 Smartphone
Videocon, the consumer electronics company which is known for its refrigerators, washing machine and air-conditioner has unveiled its Android-based sm...
   
View All
   
 
IFA 2014
 
IFA 2014: LG Launches 34-Inches Curved Monitor
The company is yet to confirm price and availability of the device....
IFA 2014: Intel Launches First Core M Range Of Processors
This range of processors is tailor-made for 2-in-1 devices which include a tablet and a laptop....
MWC 2014: Tablet Lets People Feel Textures On Its Screen
Now feel what you see on your tablet, by way of ultrasonic waves....
MWC 2014: 4K Android Tablet Games To Kill Consoles, iPad
Tablet makers like Samsung want to beat the iPad by making 4K tabs. ...
MWC 2014: This Vodafone Backpack Helps Get Network In Disaster Situations
Two engineers of Vodafone New Zealand displayed the "mini" mobile network by Vodafone substructure in a backpack. ...
MWC 2014: Wilocity Chipset To Bring 'Lightening' Speed To Mobile Phones
Wilocity has developed a WiGig chipset for mobile phones that will bring lightning-fast wireless capability ...
MWC 2014: Samsung Introduces Octacore, Hexacore Chipsets
The Korean giant, Samsung unveiled two new octacore and hexacore chipsets at MWC 2014, in Barcelona. The company previously used Exynos 5 Octa 5410 ch...
   
View All
   
 
Events
 
19th Consumer Electronic Imaging Fair To Be Held On ...

View All
   
   
 
 

home archives contact us advertise with us
           
Magazines Portals Directories Events News Verticals Educational Institute  
Electronics for You
Open Source for You
Electronics Bazaar
electronicsforu.com
efytimes.com
opensourceforu.com
electronicsb2b.com
Electronics Annual Guide
EFY EXPO INDIA
EFY EXPO WEST
ELECTRONICS ROCKS
EFY Awards
OSIDAYS Expo
Electronics
Infotech
Linux & Open Source
Consumer Electronics
Science & Technology
BPO
EFY Techcenter

Educational Kits
Kitsnspares.com  
 
 
© Copyright 2015 EFY Enterprises Pvt. Ltd.
All rights reserved. Reproduction in whole or in part in any form or medium without written permission is prohibited.
Usage of the content from the web site is subject to Terms and Conditions