Kotak Life Insurance hired CareerCruise as thier RPO Partner
Careercruise HR Pvt. Limited, a pioneer in the HRO (Human Resource Outsourcing) space in India is hired recently by Kotak Life Insurance to manage their recruitment process.
- (1888PressRelease) June 17, 2011 - Kotak Life Insurance, a premium insurance company has recently hired Careercruise Pvt. Ltd, a pioneer in the HRO segment in India, as their Recruitment Process Outsourcing (HRO) partner. Speaking on their association with Kotak, Careercruise representative said that "We believe Kotak took this decision based on the years of experience that Careercruise had in the recruitment process and the excellent feedback received from our various clients. ."
High replacement costs, attrition; unprecedented growth and fierce competition in the insurance sector made Kotak opt of the Recruitment Process Outsourcing (RPO) model. They believe that their recruitment challenge can be efficiently handled by a company with special skill and experience. The RPO model allows Kotak to aggregate its sourcing partners though a single channel, while allowing their internal HR team to move form transaction management to focusing on more significant organisation building initiatives.
Speaking to the media, Careercruise representative said "The market opportunity for RPO services in India is huge; and Careercruise is well placed to leverage this to its advantage".
About Careercruise:
Headquartered in Gurgaon, Careercruise is a leading HR outsourcing firm. It specializes in managing HR processes; both employee facing and backend operations, to provide integrated HR solutions. Partners to leading global brands, they enable building efficient HR capabilities. Their partnerships extend across industry verticals to include IT, Telecom, Banking & Finance, Insurance, Hospitality and FMCG. They deliver HR services across the value chain - right from employee acquisition (i.e. Recruitment Process Outsourcing) to employee exit management. They also bring extensive experience in managing outsourced HR
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