Toys your kids will love


locolouies.com keyword stats



Most current Google search phrases:

adopt a virtual child manufacturer of conair flat iron
importance of good role models for online adopt a digimon
adopt a pet+digimon digimon digital pet
play horse games.com cooking games for kids.com
Hilary Harry Fisher Page adoptable pet websites for kids
best rated carpet shampooer top rated carpet shampooer
digital pets online for kids adopt a pet on a children game
digimon online games online digimon games
how lego people are manufactured lego clutch
digital pets caste system kids version
lego spaceships the kinds of tamagotchi pets
digital pets tamagatchi adopting virtual games for kids
pet shop toy games internet games adopt a digimon
Most current MSN search phrases:

digimon  

BPO Industry in India - A Report

Business process outsourcing (BPO) is a broadhike, Cost to company , Overall Satisfaction
term referring to outsourcing in all fields.Score, Composite Satisfaction, Company
A BPO differentiates itself by either puttingCulture, Job Content / Growth, Training ,
in new technology or applying existingSalary and Compensation , Appraisal System,
technology in a new way to improve aPeople, Preferred Company: (Percentage of
process.Business Process Outsourcing (BPO) isrespondents of a company who named their own
the delegation of one or more IT-intensivecompany as the preferred one), Dream Company:
business processes to an external provider(Percentage of respondents in the total
that in turn owns, administers and managessample who preferred a particular
the selected process based on defined andcompany).Employee Benefits Provided By
measurable performance criteria. BusinessMajoriy  Of  the  BPO  Companies
Process Outsourcing (BPO) is one of the
fastest growing segments of the InformationProvident Fund: As per the statutory
Technology Enabled Services (ITES)guidelines, the employee is required to
industry.Few of the motivation factors as tocontribute a percentage of his basic salary
why BPO is gaining ground are:Factor Costand DA to a common fund. The employer for
Advantagethis fund contributes as well. The employee
can use the amount deposited in this fund for
Economy  of  Scalevarious personal purposes such as purchase of
a new house, marriage etc.Gratuity: Gratuity
Business  Risk  Mitigationis one of the retrial benefits given to the
employee in which the employer every year
Superior  Competencycontributes a particular amount. The fund
created can be used by the employee for the
Utilization ImprovementGenerally outsourcingpurpose of long-term investment in various
can be defined as - An organization enteringthings such as a house etc.Group Mediclaim
into a contract with another organization toInsurance Scheme: This insurance scheme is to
operate and manage one or more of itsprovide adequate insurance coverage of
business processes.Different Types ofemployees for expenses related to
Services Being Offered By BPO'sCustomerhospitalization due to illness, disease or
Support ServicesOur customer serviceinjury or pregnancy in case of female
offerings create a virtual customer serviceemployees or spouse of male employees. All
center to manage customer concerns andemployees and their dependent family members
queries through multiple channels includingare eligible. Dependent family members
voice, e-mail and chat on a 24/7 and 365 daysinclude spouse, non-earning parents and
basis.Service Example: Customers calling tochildren above three monthsPersonal Accident
check on their order status, customersInsurance Scheme: This scheme is to provide
calling to check for information on productsadequate insurance coverage for
and services, customers calling to verifyHospitalization expenses arising out of
their account status, customers calling toinjuries sustained in an accident.Subsidized
check their reservation status etc.TechnicalFood and Transportation: The organizations
Support ServicesOur technical supportprovides transportation facility to all the
offerings include round-the-clock technicalemployees from home till office at subsidized
support and problem resolution for OEMrates. The lunch provided is also
customers and computer hardware, software,subsidized.Company Leased Accommodation: Some
peripherals and Internet infrastructureof the companies provides shared
manufacturing companies. These includeaccommodation for all the out station
installation and product support, up &employees, in fact some of the BPO companies
running support, troubleshooting and Usagealso undertakes to pay electricity/water
support.Service Example: Customers calling tobills as well as the Society charges for the
resolve a problem with their home PC,shared accommodation. The purpose is to
customers calling to understand how to dialprovide to the employees to lead a more
up to their ISP, customers calling with acomfortable work life balance.Recreation,
problem with their software orCafeteria, ATM and Concierge facilities: The
hardware.Telemarketing ServicesOur telesalesrecreation facilities include pool tables,
and telemarketing outsourcing services targetchess tables and coffee bars. Companies also
interaction with potential customers forhave well equipped gyms, personal trainers
'prospecting' like either for generatingand showers at facilities.Corporate Credit
interest in products and services, or toCard: The main purpose of the corporate
up-sell / promte and cross sell to ancredit card is enable the timely and
existing customer base or to complete theefficient payment of official expenses which
sales process online.Service Example:the employees undertake for purposes such as
Outbound calling to sell wireless servicestravel related expenses like Hotel bills, Air
for a telecom provider, outbound calling totickets etcCellular Phone / Laptop: Cellular
retail households to sell leisure holidays,phone and / or Laptop is provided to the
outbound calling to existing customers toemployees on the basis of business need. The
sell a new rate card for a mobile serviceemployee is responsible for the maintenance
provider or outbound calling to sell creditand safeguarding of the asset.Personal Health
or debit cards etc.Employee IT Help-deskCare (Regular medical check-ups): Some of the
ServicesOur employee IT help-desk servicesBPO'S provides the facility for extensive
provide technical problem resolution andhealth check-up. For employees with above 40
support for corporate employees.Serviceyears of age, the medical check-up can be
Example: of this service include level 1 anddone once a year.Loans: Many BPO companies
2 multi-channel support across a wide rangeprovides loan facility on three different
of shrink wrapped and LOB applications,occasions: Employees are provided with
system problem resolutions related tofinancial assistance in case of a medical
desktop, notebooks, OS, connectivity etc.,emergency. Employees are also provided with
office productivity tools support includingfinancial assistance at the time of their
browsers and mail, new service requests, ITwedding. And, The new recruits are provided
operational issues, product usage queries,with interest free loans to assist them in
routing specific requests to designatedtheir initial settlement at the work
contacts and remote diagnostics etc.Insurancelocation.Educational Benefits: Many BPO
ProcessingOur insurance processing servicescompanies have this policy to develop the
provide specialized solutions to thepersonality and knowledge level of their
insurance sector and support criticalemployees and hence reimburses the expenses
business processes applicable to the industryincurred towards tuition fees, examination
right from new business acquisition to policyfees, and purchase of books subject, for
maintenance to claims processing.Servicepursuing MBA, and/or other management
Example:New Business / Promotion:Inboundqualification at India's top most Business
outbound sales, Initial Setup, CaseSchools.Performance based incentives: In many
Management, Underwriting, Risk assessment,BPO companies they have plans for ,
Policy issuance etc.Policy Maintenance /performance based incentive scheme. The
Management:Record Changes like Name,parameters for calculation are process
Beneficiary, Nominee, Address; Collateralperformance i.e. speed, accuracy and
verification, Surrender Audits Accountsproductivity of each process. The Pay for
Receivable, Accounting, Claim Overpayment,Performance can be as much as 22% of the
Customer care service via voice/emailsalary.Flexi-time: The main objective of the
etc.Data Entry Services / Data Processingflextime policy is to provide opportunity to
Servicesemployees to work with flexible work
schedules and set out conditions for availing
Service Example:Data entry from Paper/Booksthis provision. Flexible work schedules are
with highest accuracy and fast turn aroundinitiated by employees and approved by
time (TAT)Data entry from Image file in anymanagement to meet business commitments while
formatBusiness Transaction Data entry likesupporting employee personal life needs .The
sales / purchase / payroll.Data entry offactors on which Flexi time is allowed to an
E-Books / Electronic BooksData Entry : Yellowemployee include: Child or Parent care,
Pages / White Pages KeyingData Entry andHealth situation, Maternity, Formal education
compilation from Web siteData Capture /programFlexible Salary Benefits: Its main
CollectionBusiness Card Data Entry into anyobjective is to provide flexibility to the
FormatData Entry from hardcopy/Printedemployees to plan a tax-effective
Material into text or required formatDatacompensation structure by balancing the
Entry into Software Program andmonthly net income, yearly benefits and
applicationReceipt and Bill Data EntryCatalogincome tax payable. It is applicable of all
Data Entry.Data Entry for Mailing Listthe employees of the organization. The Salary
Mailing Label.Manuscripting typing in toconsists of Basic, DA and Conveyance
wordTaped Transcription in to word.Copy,Allowance. The Flexible Benefit Plan consists
Paste, Editing, Sorting, Indexing Data intoof: House Rent Allowance, Leave Travel
required format etc.Data Conversion ServicesAssistance, Medical Reimbursement, Special
AllowanceRegular Get together and other
Service Example:Conversion of data acrosscultural programs: The companies organizes
various databases on different platformsDatacultural program as and when possible but
Conversion via Input / Output for variousmost of the times, once in a quarter, in
media.Data Conversion for databases, wordwhich all the employees are given an
processors, spreadsheets, and many otheropportunity to display their talents in
standard and custom-made software packages asdramatics, singing, acting, dancing etc.
per requirement.Conversion from Page maker toApart from that the organizations also
PDF format.Conversion from Ms-Word to HTMLconduct various sports programs such as
formatConversion from Text to WordCricket, football, etc and regularly play
Perfect.Conversion from Text to Word to HTMLmatches with the teams of other organizations
and AcrobatConvert Raw Data into required MSand colleges.Wedding Day Gift: Employee is
Office formats.Text to PDF and PDF to Word /given a gift voucher of Rs. 2000/- to Rs.
Text / DocData Compilation in PDF from7000/- based on their level in the
Several Sources.E-Book Conversionorganization.Employee Referral Scheme: In
etc.Scanning, OCR with Editing & Indexingseveral companies employee referral scheme is
Servicesimplemented to encourage employees to refer
friends and relatives for employment in the
Service Example:High speed Image-Scanningorganization.Paid  Days  Off
and  Data  capture  services
Maternity  Leave
High  speed  large  volume  scanning
Employee Stock Option PlanInspite of all
OCR  Data  From  Scanned  page  /  imagethese benefits, the attrition rate in BPO
industry is very high, why?. What is the
Scan  &  OCR  paper  Book  in  to  CD.reason for an employee to leave? These and
many more are the questions that need
ADOBE  PDF  Conversion  Services.immediate attention from the industrial
gurus.Why people prefer to join BPO's?In
Conversion from paper or e-file to variousgeneral a person with any graduation can join
formatsBook  Keeping  and Accounting Servicesany of the BPO. Some BPO's like to take
people with MBA but then again the
Service  Example:General  Ledgerspecialization are of an individual hardly
makes any difference. Again, this is the
Accounts  Receivables  and Accounts Payableindustry, where there is no reference checks
and very often people don't even specify
Financial  Statementsthere exact age. Lets me share with you some
of the reasons as why people prefer to join a
Bank  ReconciliationBPO:Did  not  get  a  better  job.
Assets / Equipment Ledgers etc.FormFind  nothing  better  to  do.
Processing  Services:
Education  level  doesn't  matter
Service  Example:Insurance  claim  form
Good  work  environment
Medical  Form  /  Medical  billing
Good  Benefits
Online  Form  Processing
Flexibility  of  time
Payrol Processing etc.Internet / Online /
Web  ResearchAttractive  life  style
Service Example:Internet Search, ProductTransport facilityWhy people leave the
Research, Market Research, Survey, Analysis.BPO's?When there are so many benefits
associated with BPO industry....when there
Web and Mailing list research etc.Challengesare so many privileges for the BPO employees
for a HR Professional in BPOBrand equity:than what makes them to change the company
People still consider BPO to be "low brow",industry?? Is it only MONEY that matters or
thus making it difficult to attract the bestanything else as well?? Here are some of the
talent.Standard pre-job training: Again, duereasons for a BPO professional to change his
to the wide variety of the jobs, lack ofher job.No growth opportunity/lack of
general clarity on skill sets, etc, there ispromotion
no standard curriculum, which could be
designed and followed.Benchmarks: There areFor  higher  Salary
hardly any benchmarks for compensation and
benefits, performance or HR policies.For  Higher  education
Everyone is charting their own
course.Customer-companies tend to demandMisguidance  by  the  company
better results from outsourcing partners than
what they could actually expect from theirPolicies  and  procedures are not conducive
own departments. "When the job is being done
10,000 miles away, demands on parameters suchNo  personal  life
as quality, turn around timeliness,
information security, business continuity andPhysical  strains
disaster recovery, etc, are far higher than
at home. So, how to be more efficient thanUneasy  relationship with peers or managers
the original?Lack of focused training and
certificationsWhat they have to say?With so much of
uncertainty in the market.....people are
Given this background, the recruiting andtrying their best to stop or to at least have
compensation challenges of HR departments area control on the attrition rate...let me
only understandable.Key To successThe key toshare with you the opinion of the real gurus
success in ramping up talent in a BPOof the industry."Training is a very important
environment is a rapid training module. Theaspect of the ITES-BPO industry"- Mr. Arjun
training component has to be seen as anVaznaik, COO, Tracmail" Career growth in the
important sub-process, requiring constantindustry is robust and there is a long-term
re-engineering.opportunity. The great growth momentum that
the industry is witnessing is creating both
Business Process Outsourcing: The Topvertical and lateral career opportunities.
RankersThere also exists enough growth opportunities
in the middle-management and supervisory
WNS has emerged as the top BPO in India,level within the industry". - Aadesh Goyal,
pushing Wipro Spectramind to the secondExecutive Vice President & GM, Hughes BPO
position, according to a survey done byServices"It will not be possible for the
NASSCOM. The basis of ranking is the revenuesindustry to arrive at a blanket agreement on
generated by the BPO companies in 2003-04, aspoaching but bilateral agreements between
per US GAAP. A list of top fifteen BPOcompanies are being signed. Basic norms are
companies  in India is given below.WNS Groupbeing put in place and code of ethics is
being stressed upon by industry players
Wipro  Spectramindwithin the sector with respect to HR
practices. We are encouraging companies to
Daksh  e-Servicesadopt responsible behavior in order to ensure
that the industry does not become a victim of
Convergysits own actions. Industry needs to go
aggressive but not cannibalistic." - Mr.
HCL  TechnologiesSuren Singh Rasaily, Senior Vice President,
NIIT Ltd. and Head Plantworkz,Conclusion:This
Zentais a descriptive report on BPO industry. I
have tried to cover almost everything related
ICICI  Onesourceto the industry. I like to have your opinion
about the same. Even at the end of this
MphasiScomprehensive report, my concerns are related
to development of employees in BPO,
EXLcontrolling attrition rate in BPO, can we
have some standard industrial compensation
Tracmailpackage/  break-ups?About  Author:
GTL  Ltd.Sanjeev  Himachali
vCustomerE-mail: ; Blog: can read my ITES-BPO
related articles at or (Himachali) Sharma,
HTMTis a 29 yrs of age from India, having six
years of experience in "Human Resource
24/7  CustomerDevelopment". By qualification, he is
Bachelor of Science and Masters in Business
Sutherland TechnologiesThe parameters forAdministration. He is also a Motivational and
the survey was: Employee Size (OperationInspirational writer and speaker.
level executives), Percentage of last salary



1 A B C D E 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116