Employment exchanges to turn over a new leaf

Image
Praveen Bose Chennai/ Bangalore
Last Updated : Jan 21 2013 | 1:47 AM IST

Employment exchanges, which had till now been known as an unappealing place for a job-seeker, will now get a new look and feel, with TeamLease, the temp staffing major, showing the way.

While TeamLease will provide the infrastructure and manpower, the government will provide assistance with assessment and meet the cost of training job seekers.

The move, aimed at improving the efficiency and the quality of service provided by the employment exchanges, will see TeamLease using the existing exchanges and deputing its own people. It has meanwhile taken onboard the existing staff and have had to retrain them. The excessive rules are said to have been the biggest stumbling block to people trying to approach the exchanges.

As a pilot project, TeamLease took over the operation and control of the employment exchange in Mangalore in November 2009. The effort, on the public-private partnership model, has already begun to earn results. While during the three years prior to Teamlease taking over the exchange, the employment exchange had managed to provide jobs to only 50 job seekers.

TeamLease has managed to place 350 job seekers in various jobs from the exchange since taking charge.

According to Ashok Reddy, managing director, TeamLease Services Pvt Ltd, “The number of job seekers coming to the exchange has also risen.”

The privatisation of employment exchanges is set to be a harbinger of change in the employment market.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 13 2010 | 12:45 AM IST

Next Story