JOIN USFlorida-based HR outsourcing company Pontoon Solutions, which opened its Bengaluru office recently, plans to increase its manpower in India, from the present 50 to 200 employees in the next 18 to 24 months.
Pontoon Solutions President (Asia Pacific) Rishi Kapoor said, “Globally, Pontoon has more than 1,600 employees. We have been operating in India for more than five years, servicing local and regional business leads.”
When asked why a new office is being opened in India now, he said, “With a significant growth in the regional business and the need to support other regions with a shared services centre, the timing is right for us to have a dedicated and fit-for-purpose office in India. The new premises will support the business, as we continue to grow with our existing clients, as well as pursue an aggressive new client acquisition trail.”
Pontoon has 22 clients in India — both local companies, as well as companies that are global or regional, but with a presence in India. “Our focus verticals in India are IT, telecom, banking and financial services, manufacturing and retail,” Kapoor said. Its parent company Adecco is the world’s leading provider of workforce solutions.
Talking about RPO (Recruitment Process Outsourcing), a form of Business Process Outsourcing where an employer outsources or transfers all or part of its recruitment activities to an external service provider, he said, “Currently, India has the fastest growing RPO market in the APAC, approximately 40% growth annually.”
The company has operations in over 100 countries. Talking about the biggest challenge in the Indian market, he said, “The sheer size of the workforce is the biggest challenge. With such a huge population, it is difficult to navigate a large labour force. India is one of Pontoon’s largest target markets globally, and we are investing in building out the existing resources and infrastructure to create a centre which can deliver to the demands of the Indian economy.”