EFY Times  
Friday, December 19, 2014

 
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: 1255)
 
Share

 
 
Infotech News
   
Former Google India Executive Mahesh Narayanan joins Tonic Media’s Advisory Board
Pegasystems Expands India Presence
Trend Micro Announces Strategic OEM Agreement With HP
With Ziffi, Appointments Are Just A Click Away Log On To ziffi.com And Book Appointments To Cater To Your Wellness And Personal Care Need
Teradata Expands India Footprint With Third Professional Services Center In Airoli, Navi Mumbai, India
 
 
 
     
     
     
     
     
     
Most popular
 

Daily

Weekly

Top 8 Open Source Machine Learning Tools
5 Myths And Mistakes Coding Job Seekers Do!
IITs, IIMs Will Now Offer Online Courses!
TCS May Give Pink Slips To Its Employees
5 Must-Know Basic Electronics Skills!
Top 10 Incredible But Not-So-Famous Google Tools
CA Technologies Helps Customers Stimulate App User Loyalty With APM Solution Designed For Simplicity, Mobility And DevOps Velocity
Micromax Canvas Selfie Arrives With 13-MP Front And Rear Cameras
YouTube App To Support Offline Viewing In India
Want To Learn Programming Faster? Try These Project Ideas!
Snappy Ubuntu Ensures Docker Container Security
Soon, Trains Will Have Laser System Installed To Remove Debris From Tracks!
Google Releases Cardboard VR SDK, That Can Turn Your Smartphone Into A VR Machine
Coming Soon: WhatsApp For Your Desktop!
When US President Barack Obama Tried Writing His First Line Of Code...
Google Nexus 9 Now Available In India @ Rs 28,900
 
   

Overall

Features
Debian Vs Ubuntu: Here Are The Changes Made In Last 10 Years!
Find out the historical differences made in both Linux systems over the period of past 10 years....
These Linux Desktops Have Better UI and UX As Compared To Windows And Mac!
When people think about Linux, they picture the old desktop PC with command line but, this picture has changed over the years....
Top 8 MySQL GUI Tools
This useful list of MySQL GUI tools can help you with your database management....
5 Must-Know Basic Electronics Skills!
These video tutorials can help you learn important DIY electronic skills!...
5 Myths And Mistakes Coding Job Seekers Do!
Here are the 5 mistakes and 5 myths that coding job hunters often end up doing!...
5 Misconceptions About Git That Developers Have!
The popular and flexible VCS platform Git is still criticized by few developers, courtesy the misconceptions!...
6 Useful Tips For First-Time Web App Developers!
Developing your first web app? This guide will help you to work smart....
Top 8 Open Source Applications And Projects Of 2014
Here is the list of top 8 cool open-source apps of the year....
7 Stages Of Drupal Learning Curve!
Drupal is hard, but Drupal is awesome! You can learn Drupal after crossing seven certain stages....
Top 12 ASP .NET based CMS Platforms
Building a website using CMS platform is easy if you are using the right CMS for your needs....
Top 10 Fastest Supercomputers In The World!
Ever wondered what would be the speed of world's fastest super computers? Here is the treat!...
Learn How To Get A Job As A Computer Security Analyst!
The word analyst doesn’t necessarily mean a boring job, in fact, it is very interesting. ...
8 Tools To Boost Productivity Of Content Creators!
These tools for bloggers, content writers or other content marketing professionals are designed to save tons of time and efforts....
8 Proposed Improvements In Java 9 Which Look Promising!
Here are eight proposals which have been made for JDK 9 developers....
Learn How To Create Virtual Machines With Us!
This guide will help you in setting up and using a virtual machine on your computer....
 
  View All
Dialogue
 
10 Questions That Google Never Asks While Hiring!
Here is a list of 10 questions that Google just banned from their interviews....
For Enjay, Open Source Technology Is A Way Of Life
An entirely open source-based company, Enjay IT Solutions, has built itself a reputation in the OSS domain....
Switching To Tizen Doesn’t Mean We Are Abandoning Android: Samsung
The company has worked to build Tizen up from scratch and has now introduced it to developers and the general public with its latest range of wearable...
Venturing Into The Cloud? Develop A Customised Cloud Strategy First!
Diksha P Gupta speaks to Rushikesh Jadhav, cloud evangelist, ESDS Software Solution Pvt Ltd, on how the cloud has changed the way compan...
HTC Is Strong And There Are No Plans Of Sale Now Or In Future, Says HTC's Senior Director-Marketing
Atithya Amaresh from EFYTimes had an exclusive chat with Sirpa H. Ikola, senior director, Marketing, South Asia, HTC about its devices and its plans w...
   
  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 2014 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