Financial Daily from THE HINDU group of publications
Thursday, Jan 26, 2006
Financial Daily from THE HINDU group of publications Thursday, Jan 26, 2006 |
|
|
|
|
|
|
|
Info-Tech
-
Human Resources `HR outsourcing market still at nascent stage' Our Bureau
Chennai , Jan. 25 THE $59-billion human resource outsourcing market (HRO) is still at a nascent stage, according to Mr Ranjan Sinha, Chairman and CEO, Summit HR Worldwide. Summit HR, which has on its rolls clients such as Cisco, Sun Microsystems, Visa and T-mobile, provides end-to-end human resource outsourcing solutions both for service providers and firms in the US through its centres in Chennai. Some of the services that Summit provides are contingent staffing, recruitment process outsourcing and payrolling. Mr Sinha said that the areas that are most beneficial are payroll management, recruitment, benefits administration and managing IT systems for HR-related processes. Mr Sinha said that the company caters to service providers in the US that cater to medium sized companies. He said that in 2005, the company filled 7,000 positions across companies in the US. In addition, Mr Sinha said that it processed 1.2 million pay cheques. He said that in 2006, the company hopes to increase this number to around 1.5 million pay cheques. He said that at the end of 2005, the company had 180 people working at the Chennai centres, and will look to have 325 by the end of 2006.
More Stories on : Human Resources
Article E-Mail :: Comment :: Syndication :: Printer Friendly Page
|
Stories in this Section |
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |
Copyright © 2006, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line
|