Automation is the Key
vCustomer is an end-to-end business solutions provider, which provides
high-quality, multi-channel customer support services that help grow sales,
increase customer satisfaction, and build customer loyalty.
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vCustomer
Navin Joshua, executive
director, HR
Rank: 5 |
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Complete automation of all processes, organizational development
in terms of skill enhancement, continuous learning, and growth opportunities are
some of the factors that have contributed to the good showing of the company.
All the processes and departments are automated and linked to a
Central Performance Management Center to drive internal process efficiencies.
The company provides e-learning packages to employees for language,
communication as well as process specific training. According to Navin Joshua,
head, HR, vCustomer, "There is a transparent, self-paced learning program
that ensures standardization of content and delivery."
Besides focusing on process-centric training, the company also
provides behavioral and skill enhancement training at an average of 92 hours per
employee, per quarter. The company has formed a culture of continuous learning
by constructing new age methodologies and concepts for professional development.
The BPO has developed new growth opportunities that prepare
employees to emerge as successful future leaders and managers. The company has a
dedicated Employee Relations cell whose main motto is to make vCustomer a fun
place. Regular engagements and events are conducted throughout the year to boost
employee morale and keep them engaged.
Majority of the positions in vCustomer are filled through
internal job postings.
All the above factors have contributed to the retention of
employees.
Driven to Retain Talent
e4e is a global business services company, offering world-class industry
solutions in three vertical marketshigh technology, consumer finance, and
healthcare. e4e delivers a broad spectrum of service solutions in the areas of
transaction processing, customer and technical support, application and
infrastructure management, and testing and quality assurance.
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e4e
Sonali Singh, GM, HR
Rank: 6 |
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This ranking is a testimony to the commitment and the investment
that e4e makes in attracting, engaging and retaining the best talent. The key
competencies required for each level are identified through an exhaustive
competency mapping exercise and used for hiring, training and development,
performance management, and succession planning. All new hires undergo training
on the core competencies for their respective positions.
There is a progressive plan for training. This year, the focus
has been on learning and development initiatives. It began with the Young Turks
Program for the first level of leaders, which aimed at grooming high potential
associates for leadership positions. The Corporate Captains Program was for the
middle and senior level managers. The Commanders-in-chief program for the top
management, which was a one-on-one executive mentoring program.
The total number of employees remained the same, at 3,500, for
the period between March and September 2007, as no recruitment was done during
this period.
Speaking on retention, Sonali Singh says, "Retention is
much easier in an emerging company, because as the organization grows, it also
creates tremendous opportunities for the associates to grow."
The attrition rate of the company stands at 22%, and the companys
ratio of campus hire to lateral hire is 70:30.
Employee is the King
Synygy India is an enterprise product development and IT consulting company,
which deals with sales performance management solutions.
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Synygy
Parag A Wadhone,
manager, HR
Rank: 7 |
Synygy has invested in developing an open and performance-driven
culture through their quarterly performance evaluation system, which provides a
continuous feedback mechanism. According to Parag A Wadhone, manager, HR,
"Our core values guide all our actions and hence we believe that employees
need to grow professionally and personally, only then will Synygy grow. Synygy
has a very successful mentoring program that helps in providing meaningful work
to all employees and is centered on creating an excellent working relationship
between manager and employee."
Synygy has an attrition rate of 12% and the biggest challenge is
to retain existing employees and attract new ones. According to Wadhone,
"Hiring is the biggest challenge for an emerging organization, as large
companies have an extensive training program. Emerging companies want to hire
smart talent that already have basic skills and can contribute from day one. In
terms of retention, the biggest challenge is that emerging companies are
generally flatter in hierarchy and the title growth is slower." In Synygy,
campus hire is 25 % of total hire.
Between March 2007 and September 2007, the employee number has
grown at the rate of 22%.
A Caring Culture
Ajuba is a leading next generation healthcare BPO, offering a consultative,
end-to-end revenue cycle management solution to physicians, hospitals, and for
outsourcing.
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Ajuba
Shankar Narasimhan
director, HR & Finance
Rank: 8 |
Continuous training and development, trust and credibility, and
a caring culture have contributed to the good showing. According to Shankar
Narasimhan, director, HR and Finance, "Our HR friendly policies have been
designed with a view to create an environment where every individual feels
valued for the contribution she makes toward the success of the company."
In line with the companys motto "Invest in People,
Invest in Process", the company has more than twenty in-house workshops and
programs that run for employees at all levels, annually.
Employees are kept informed on any decision that may affect
their working environment and are frequently consulted for inputs and
suggestions before formulating any proposed changes. This has created a sense of
belonging, appreciation, and trust among Ajubas employees. Ajuba is among the
top quartile in the industry with respect to compensation and benefits.
Ajuba has hired 25% through campus recruitment this year. The
annual attrition rates are 15% for non-voice and 30% for voice processes. Page(s) 1 2 3 4 5
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