The Hindu Business Line : Aspire launches employer-sponsored ‘NeoHire’

IT, ITeS, BFSI and retail — India’s busiest hiring sectors would need close to one million new people in 2008 alone. And having exhausted the talent mines from tier 1 cities, companies would have to turn to the next rung of cities.

Recognising the need to make youth from tier 2, 3 and 4 cities more employable, the New Delhi-based talent management firm, Aspire Human Capital Systems, has launched NeoHire, a programme to deliver an entry level resources talent supply chain.

“India has about 25 million unemployed grads and according to our research 10-15 per cent of them are clearly trainable,” says Mr Amit Bhatia, CEO of Aspire Systems.

Hiring process

NeoHire is an employer-sponsored programme where employable talent is trained by Aspire and made ready for specific roles in the four sectors. Aspire runs the whole system as an automated process which enables clients to electronically review assessment tests results, listen to their voices, view their video-bios and make a decision to hire, After hiring, Aspire trains the candidates in one of the five role-based programmes: customer service, finance and accounting for BPOs, sales and customer service in insurance and technical help desk in IT.

The candidates are trained for 2-3 months in the Aspire Training Academy located in five places: Delhi, Gurgaon, Mumbai, Kolkota and Belgaum. About 80 per cent of the training costs are borne by the employers while the candidate spends about 20 per cent of the training fee, says Mr Bhatia.

The company has already tied up with WNS Financial Services for the programme and is in the process of finalising a relationship with a retail major, according to Mr Bhatia. Explaining the advantages of the training programme to corporates, Mr Bhatia says that apart from a continuous talent flow, companies can also battle wage inflation problems by hiring from Tier 2,3 and 4 towns.

Attrition rates too could be capped as non-metro attrition rate is found to be around 40-50 per cent of the metro attrition rate.

NeoHire is currently working in about 15 cities in the country and Aspire plans to take this number to 100 in the next one year, Mr Bhatia says.

More Stories on : Human Resources | Consulting

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page