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Mumbai:
Human Resource outsourcing services major TeamLease is
expecting to increase the number of its associates to
around 4,200 by the end of this year, which is slated
to be in line with a expected growth of both Indian industry
and outsourcing sector.
"Employee
outsourcing, which is a new trend in India, is expected
to post good growth this year," according to Ashok
Reddy, managing director, TeamLease, who added that the
company is planning to cash in on this emerging trend.
The
company would add an additional 2,200 associates to its
existing 2,000 associates this year, confirmed.
An
associate is an employee on the rolls of an HR outsourcing
firm, but is paid by the outsourcer depending on the contract
or job entitled to.
TeamLease
provides temporary staffing support to clients, helping
them to meet specific needs.
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