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PeopleStrong is a HR services company
specializing in Talent Attraction and Retention
Management solutions. Know
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BUSINESS TODAY commands the highest circulation and readership among all business magazines in India. Know
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The story about Employee Attrition in India - a Special Coverage in Business Today
 HE FIRST SIGNS APPEARED IN
the mid-90s with the advent
of the software services industry.
By the turn of the century,
this problem had reached epidemic
proportions as the IT industry matured
and ITES-BPO sector kicked
into high gear.
We're, of course,
talking about attrition, a crippling HR
headache that has plagued organisations
across India Inc. Although attrition
has been spiralling out of
control for some time, especially in
fast-growing industries such as IT,
BPO, retail and infrastructure, few
companies have been willing to discuss
this hot button issue, instead
preferring to sweep it under the carpet.
What was a problem restricted
to just a couple of sunrise sectors has
today become a widespread problem.
While dozens of surveys were
conducted on the rise and rise of
attrition in Indian industry, few have
been able to get to the heart of this
menace and suggest meaningful and
long-term solutions.
While attrition in India Inc. is
high as 20 per cent (up to 40 per cent
in the booming services sector), it is
now accepted that the decision to
quit rarely happens overnight.
Initiatives such as exit interviews
have become de rigueur across industries,
but results are not yet fully
understood. Even today, there isn't a
single comprehensive survey that
provides an in-depth look into the
reasons behind growing attrition and
provides meaningful and sustainable solutions to this problem.
To try to address these issues,
Business Today has teamed up with
PeopleStrong, an HR outsourcing
provider and, for the first time, plans
to survey at least 100 companies
across 12 sectors for the "India Attrition Study 2008." Already, 50
per cent of this capacity has been
filled and companies across industry
are queuing up to participate.
This
study will use three methods-exit
survey, employee voice and people
processes to cover-to collect data.
Then using PeopleStrong's ADIEU
(Affiliation, Development Initiative,
Employability and Work
Environment) model, this data
will be analysed to crystallise findings
on attrition. The results of this study,
including Predictive Practices and
Employee Experience Scores, will
be published in one of Busine'ss
Today's forthcoming issues, and will
lead to the emergence of best practices
to curb attrition.
Click here to download this article.
PeopleStrong conducts Program on Attrition Management with NASSCOM
This programme on Attrition Management was organized by NASSCOM and conducted by PeopleStrong at Kolkata on 24th June 2008.
The workshop was conducted by Ms. Shelly Singh (VP-Process Development) and Mr. Arindam Chakraborty (AVP – Operations). This programme was attended by a group of 45 professionals across various organizations.
It was an interactive workshop where the faculty addressed the burning issue of managing attrition. They shared the concept and a completely different perspective to managing attrition with a holistic approach.
The programme was received well by the participants and was appreciated by the group.
PeopleStrong has appointed Mr. Aadesh Goyal as its Chairman and Managing Director
 April 22, 2008
Regency Hall, Hotel Intercontinental, Barakhamba Road, New Delhi
PeopleStrong, a leading HR services company focusing on talent processes, today announced, Aadesh Goyal’s joining PeopleStrong as Chairman and Managing Director
Previously, Aadesh was the Centre Head, Gurgaon and Vice President - Human Resources with Aricent. He is a member of the Board of Directors of the company as a part of the start-up team. He has been instrumental in establishing Aricent's BPO business and served as its head.
Earlier, Aadesh has worked with Centre for Development of Telematics (C-DOT) in various roles in Project Management, Human Resource Development and Corporate Communications and has been recognized by the industry through several awards.
Also, Aadesh is an active industry veteran serving on the Board of Governors of Netaji Subhash Chandra Bose Institute of Technology, New Delhi, Delhi School of Economics (MHROD) and Lal Bahadur Shastri Institute of Management. He has also served on the Advisory Board of JobsAhead.Com in the past. He is also is deeply involved in social development and is an active volunteer and organizer with The Art of Living Foundation. He is an alumnus of BITS Pilani where he did his Masters in Management Studies.
Media caught up with Aadesh Goyal, CMD PeopleStrong and Pankaj Bansal, CEO, PeopleStrong to know more about PeopleStrong's expansion plans and the attrition trends and Report to be launched in 2008.
You can read the media stories @ the links below
The Hindu business line
Financial express
Economic Times
TeamLease CMD, Manish Sabharwal joins PeopleStrong as Member on Board
 PeopleStrong, a leading HR services company focusing on talent processes, today announced, Manish Sabharwal’s joining PeopleStrong as Member on Board
Manish is the Chairman & Managing Director of TeamLease Services Pvt. Ltd. –India’s largest temporary staffing company with over 80,000 people. Earlier he co-founded ‘India Life’ in 1996 that offered full-scale HRO services. India Life was later acquired by Hewitt associates in 2003.Subsequently, he was the Managing Director of Hewitt outsourcing (Asia) based in Singapore. He did his MBA from The Wharton School of the University of Pennsylvania in1996.
Commenting on Manish’s coming onboard, PeopleStrong CEO – Pankaj Bansal stated: “it’s not only his impressive profile and track record that sets him class apart… but its his unique perspective to see big picture with micro understanding, entrepreneurial approach and, belief in India market that makes him a great leader”
PeopleStrong Board Members Aadesh Goyal– VP & Global Head of Human Resources Aricent, Deepak Dhawan – Director PeopleStrong and Varun Talwar– Director Withya Group welcomed Manish on board.
CII & PeopleStrong are organising
Seminar on "Innovative Hiring Strategies" on 4th April at India Habitat Centre
The most important corporate resource over the next 20 years will be smart, sophisticated workforce. The demand for this resource is sure to go up; however, the supply is already dwindling. CII & PeopleStrong is organising a seminar on “Innovative Hiring Strategies” to talk about how to develop a new and relevant Talent Mindset that will aid in retaining top workers and outline a Market Driven Hiring Process that will enable your organization to attract quality candidates.
The Seminar to be held on 4th April 2008 at India Habitat Centre, Lodhi Road, New Delhi will have sessions on following topics:
Talent Landscape Perspective
The war for talent is on and we need to know the field before we start playing. The understanding of current scenario and challenges faced due to availability of right talent would be discussed.
Talent Sourcing Strategies
Acquiring the Passive Candidate has become critical for today’s recruiting. Companies today fiercely compete for the same talent pool. One way companies are competing is by building and reinforcing an employer brand that addresses the needs of its targeted employee base. The session will also be on discussing unique ways of Sourcing Talent- Web 2.0/Referral/Campus and how to employ marketing concepts and tools to build employer brand, position it with your targeted employee base, communicate it to targeted employees and reinforce it with current employees.
Hiring for Retention
Organization’s capability is to find out the right combination of skill, attitude and aptitude for the particular role/position to make the Hiring program a success. The session is to discuss on need to use the right framework & measurement techniques or metrics at each stage of the hiring process to ensure that the outcome is the fit one.
Mass & Class Hiring
Hiring in volume for similar positions and Hiring for specialist roles are two ends of spectrum. The session is to discuss varied and multi-faceted challenges that companies are facing. Also there is lot of debate world over what are the right methods to calculate the Return on Investment (ROI) on the Hiring program.
Global Hiring
Borders are diminishing. In such a border less world where Indian companies are becoming global & global acquisitions have become an order of the day, it has become imperative for the companies to look beyond the boundaries for Talent as well. In this session the need for global talent planning & innovative international hiring practices would be discussed.
Downloads:
Program Design
Registration Form
Deepak Dhawan joins PeopleStrong as Member on Board
 PeopleStrong is pleased to announce that Deepak Dhawan has joined PeopleStrong as Member on Board. Deepak Dhawan was lastly the Vice President and Global Head of Human Resources at EXL Service. He joined EXL Service in 2002 with over 25 years of management experience in industrial relations, personnel and training with Eicher Goodearth Ltd., Royal Enfield and Steel Authority of India. Deepak's career has focused on change management required to effectively align HR policies with business needs.
In EXL, Deepak has been a key member of the management team and has played a meaningful role in building up EXL from a headcount of 1,000 to 10,000 in six years. Deepak has partnered the business in creating a strong growth engine with best practices in hiring and training, performance management and management development. At a strategic level he has been involved in redesigning governance systems to meet the requirements of an expanding and complex business as well as supported M&A activity through HR integration efforts.
Commenting on Deepak’s coming on board, Pankaj Bansal, CEO and director of PeopleStrong stated: “We are delighted to have someone with Deepak’s background join PeopleStrong at this stage in our growth and evolution. We appreciate his trust and confidence in PeopleStrong team”.
PeopleStrong Board Members Aadesh Goyal – VP & Global Head of Human Resources Aricent and Varun Talwar – Director Withya Group, welcomed Deepak on board.
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