While the human resources industry in India has been around for more than three decades, however, it is only in the past few years that it has started making its presence felt all over. During the pre-liberalization era, the HR industry of India played a considerably insignificant role in the country’s gross domestic product (GDP).
Post-1991, the service sector of the country grew significantly, and the IT/ITeS industry went on to become one of the biggest contributors towards national GDP and also became a major employer for the average educated Indian.
On the other hand, the HR industry also began to expand, though at a considerably slower rate. Nonetheless, over time it has matured considerably, and several HR companies have mushroomed in India.
In the last few years, with the advent of technology, the HR industry has witnessed a drastic change; this has also been further augmented by an upsurge in the homegrown multinational companies.
Of late, the concept of staffing and recruitment via third party agencies have increased in India. This has also led to the emergence of some HR companies in India that has been doing great business. The following paragraphs take a look at some of the best HR companies in India.
Founded: 2002; Headquarters: Bangalore
A Fortune 500 company, listed on both BSE and NSE markets, TeamLease is one of the biggest staffing and HR companies in India with more than 1400 clients. TeamLease is a one-stop provider of human resources services to various industries. Services offered include staffing, recruitment services, payroll processing, compliance, learning and assessment services. TeamLease has set in motion the larger company mission of “Putting India to Work” and abides by it completely.
#2. Kelly Services
Founded: 1946; Headquarters (India): Gurgaon
Originally a Michigan-based organization, Kelly Services has been operating in India for more than a decade now. Known for its dedication and sincere efforts towards making the best of everything has led Kelly Services to emerge as one of the best in the staffing and recruitment industry. Needless to say, it has become one of the top HR companies in India.
Apart from the necessary staffing and recruitment services, Kelly Services has diversified into several specializations such as financial resources, information technology, scientific resources and even engineering services.
#3. Adecco India
Founded: 1999; Headquarters (India): Bangalore
This famous Swiss HR company has been operating in India for more than a decade now and apparently it has been able to leave behind its mark in the Human Resources industry in India.
Adecco Group offers a variety of services related to HR and recruitment, thereby connecting more than 650,000 associates with their numerous clients every day. The services provided Adecco India, fall into a variety of categories including – temporary staffing, career transition, permanent placement, and talent development.
#4. Manpower Group
Founded: 1948; Headquarters (India): Bangalore
Established in 1948 in Wisconsin, Manpower Group is one of the leading HR companies of the world, including India. The organization started its Asia operations in the mid-1960s and has been able to carve out a niche for itself over the years.
Manpower Group offers several innovative workforce solutions, catering to numerous clients all over the country. As an HR company, Manpower Group provides some innovative workforce solutions including managed service provider, recruitment process outsourcing, strategic workforce consulting and also talent based outsourcing.
The organizations mentioned above are just to name a few. Several other HR companies are creating ripples within the HR industry. Some of them include names like Aon Hewitt, Randstad, Ikaya Human Capital and others.
The current HR industry in India is undergoing rapid changes and going forward; it is expected to receive a substantial boost. While certain challenges remain to be addressed, experts are of the opinion that, overall HR industry of India is poised for significant growth in the coming times.