KPO needs around 1,00,000 professionals

According to ASSOCHAM estimates, currently over 260 KPO companies are operating in India and the number can be reached at 350 by 2008 with employment opportunities for qualified professionals to the extent of 1,00,000. Some of the big companies like Genpact, Evalueserve, WNS, 24/7 Customer, EXL, Copal Partners, HCL, Wipro are providing variety of KPO services.

The salary ranges are 12-15% higher than the BPOs industry and even the entry level earnings are more in it. A customer care office in KPOs can earn Rs.1.5 to Rs.1.7 lakh per annum while a technical support office can also earn the similar amount. The voice and accent trainer can fetch Rs.2.25-2.50 lakh per annum whereas a team leader can earn around Rs.3-4.5 lakh annually. Read full story

Indian banks to hire more than 10,000 in next few months

Public sector banks in India are looking to boost their headcount by more than 10,000in the next few months to meet increasing competition from global and domestic competition. State Bank of India and its associates alone account for over three-fourth of the planned hiring, with others like Canara Bank, Union Bank of India, Andhra Bank and Bank of Baroda also having come out with plans to expand their collective employee strength by about 2,000 employees. These bank vacancies are available at BanknetJobs.com.

Banks looking for recovery officers

Now banks are also looking to hire large number of recovery officers on contract basis to ensure soft recovery of loans, and this is a major step taken to counter increasing reports of high-handedness by private recovery agents.

Reserve Bank of India has recently warned banks that it would not hesitate to ban them from hiring recovery agents if abusive practices persisted.

State bank of India has already advertised for 3,000 marketing and recovery officers in the age group of 21-30 years

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