Ranked by Everest Group as a global ‘Star Performer’, Randstad Sourceright will leverage its strategic technology investments and deep industry knowledge to expand its investments in transformative hiring solutions for India.
BANGALORE, June 26, 2018 — Randstad Sourceright, a world-leading talent solutions provider, today announced its expansion plans in Asia’s third largest economy through increased investments, leadership appointments and the introduction of its class leading cloud-based technology platform Talent Velocity.
Harish Pillai has been named India country head of Randstad Sourceright. With extensive experience in talent acquisition and recruitment, Pillai will lead the team to help customers redefine their talent models through the integration of all talent types and enabled by cutting-edge technology.
Randstad Sourceright has also set up an Asia Pacific employer branding and talent attraction team in Hyderabad to support the development of employer branding and recruitment marketing strategies for customers across the region.
“Businesses in India are becoming increasingly sophisticated in their approach to talent acquisition and management. Eighty-four percent of companies in India we surveyed said the goal of their talent strategy is to have a measurable impact on business performance, while 90% plan to improve their candidate experience in the next 12 months,” said Anthea Collier, Managing Director, APAC of Randstad Sourceright. “To meet evolving market demands, Randstad Sourceright is rapidly growing its team and expanding its talent solutions. I am excited to welcome Harish to our team, who will help accelerate the reach and breadth of our services in India and drive total talent models for our customers.”
Commenting on Randstad Sourceright’s growing investments in India, Paul Dupuis, MD & CEO Randstad India said, “The RPO segment has, for the better part of three years, been the standout performer in the HR services industry – growing at 20% CAGR. Randstad India has built its position in this segment to become one of the leading players in the market, growing our revenues by 3X and investing in building recruitment expertise through the Randstad Recruitment Center. With this increased investment in bringing global best practice in RPO to India, we take our service delivery to a different level by leveraging Randstad Sourceright’s impressive technology expertise, industry know-how and deep customer relationships.”
In addition to new leadership appointments and launch of the employer branding team, Randstad Sourceright has also developed Talent Velocity, a cloud-based platform that provides companies with global access to Randstad Group’s advanced HR and talent analytics technologies. Talent Velocity builds on Randstad Sourceright’s proprietary TalentRadar analytics platform, which translates raw data, market trends and industry insights into predictive talent acquisition and retention strategies that help organizations solve difficult recruiting and business challenges.
“Ninety percent of the talent leaders we surveyed in India said that employers’ expectations of talent continually grows, while 86% agreed that technology is helping them make better hiring decisions,” said Harish Pillai, India country head of Randstad Sourceright. “With fierce competition for talent in India, Talent Velocity will help our clients enhance hiring quality and efficiency as it allows companies to better manage their talent acquisition processes, improve candidate experience, collect business intelligence and drive overall growth.”
Talent Velocity will bring together the following HR technologies for the Indian market:
- CRM and recruitment marketing platform
- on-demand video interviewing and scheduling software
- AI chatbot for candidate interviews and engagement
- freelance management system
- online employee referral
- automated reference checking
- online talent community and assessment for programmers
- gamified psychometric assessments
- online recruiting and networking events
- workforce reporting and people analytics