Wipro Bpo Profile
Wipro Bpo Profile
Wipro Bpo Profile
•Economy of Scale
•Superior Competency
•Utilization Improvement
Generally outsourcing can be defined as - An organization entering into a contract with
another organization to operate and manage one or more of its business processes.
When there are so many benefits associated with BPO industry…. when there are
somany privileges for the BPO employees than what makes them to change
thecompany/industry?? Is it only MONEY that matters or anything else as well??
Aftertaking exit-interviews and analyzing the trend I am able to list out following reasons
for aBPO professional to change his/her job.
•Physical strains
In an industry like BPO, the work can often be monotonous and opportunities for career
growth minimal. So when opportunities beckon, the high rate of attrition is not
surprising. However, there are some common reasons that especially cause people to
leave. Surveys have listed night shifts, money, inability to handle various types of
stress, monotonous work; company policies, lack of career growth, problems with those
in senior positioned., as some of the most common reasons listed by BPO employees,
as reasons for quitting jobs.
WIPRO
About the company
Wipro BPO is uniquely positioned to service customer requirements by leveraging its
tenets of quality and innovation, the bes t people talent, self sustaining process
framework and domain knowledge. We offer customized service offerings; translating
into the most flexible and cost effective services of the highest quality for our customers.
In 2002, Wipro took a quantum jump in the BPO services by acquiring the then
Spectramind. Wipro BPO Solutions complements the services offered by Wipro
Technologies,making it one of the largest BPO service players.
With over 19,000 people, operating out of 9 different locations (India and Eastern
Europe), Wipro BPO has been a critical partner to all its customers in achieving their
business goals. Wipro BPO services customers in various industries including Banking
& Capital Markets, Insurance, Travel & Hospitality, Hi-Tech Manufacturing, Telecom &
Healthcare sectors. Wipro BPO also has deep expertise in delivering process specific
solutions in areas like Finance & Accounting, Procurement, HR Services, Loyalty
Services and Knowledge Services.
Wipro BPO Solutions Ltd is India’s leading third party offshore BPO (Business Process
Outsourcing) provider with a full spectrum of BPO services. The Company
Headquarters are located in New Delhi, with six state-of-the-art facilities in Mumbai,
Pune, Chennai & Kolkata and global offices in US, UK and Canada. Wipro BPO
provides a broad range of services from customer relationship management, back office
transaction processing to industry specific solutions. The key element of services
delivery is an integrated approach towards providing increasing value over the entire
course of our client relationships. This involves a phased approach towards process
standardization, process optimization and process re-engineering.
ANALYSIS AND BRIEF STUDY OF THE COMPANY
Service Example: Customers calling to resolve a problem with their home PC,customers
calling to understand how to dial up to their ISP, customers callingwith a problem with
their software or hardware.
3. Telemarketing Services
Our telesales and telemarketing outsourcing services target interaction with
potential customers for 'prospecting' like either for generating interest in products
and services, or to up-sell / promte and cross sell to an existing customer base or
to complete the sales process online. Service Example: Outbound calling to sell
wireless services for a telecom provider, outbound calling to retail households to sell
leisure holidays, outbound calling to existing customers to sell a new rate card for a
mobile service provider or outbound calling to sell credit or debit cards etc.
Service Example: of this service include level 1 and 2 multi-channel support across a
wide range of shrink wrapped and LOB applications, system problem resolutions related
to desktop, notebooks, OS, connectivity etc., office productivity tools support including
browsers and mail, new service requests, IT operational issues, product usage queries,
routing specific requests to designated contacts and remote diagnostics etc
5. Insurance Processing
Our insurance processing services provide specialized solutions to the insurance
sector and support critical business processes applicable to the industry right from
new business acquisition to policy maintenance to claims processing.
Service Example:
Data entry from Paper/Books with highest accuracy and fast turn around time
(TAT)
Copy, Paste, Editing, Sorting, Indexing Data into required format etc
7. Data Conversion Services
Service Example:
Data Conversion for databases, word processors, spreadsheets, and many other
standard and custom-made software packages as per requirement.
Service Example:
1. Brand equity: People still consider BPO to be "low brow", thus making it difficult to
attract the best talent.
2. Standard pre-job training: Again, due to the wide variety of the jobs, lack of general
clarity on skill sets, etc, there is no standard curriculum, which could be designed and
followed.
3. Benchmarks: There are hardly any benchmarks for compensation and benefits,
Performance or HR policies. Everyone is charting their own course.
5. Lack of focused training and certifications given this background, the recruiting
and compensation challenges of HR departments are only understandable.
Why people prefer to join WIPRO
In general a person with any graduation can join any of the BPO. Some BPO's like to
take people with MBA but then again the specialization are of an individual hardly
makes any difference. Again, this is the industry; where there is no reference checks
and very often people don't even specify there exact age. Lets me share with you some
of the reasons as why people prefer to join a company:
6. No personal life
7. Physical strains
Wipro Spectra mind has been awarded the NHRDN (National HRD Network)
Trailblazers Award 2004, during the International NHRD Conference 2004, hosted in
Bangalore. The award was conferred in the category of academic institutions,
corporations and voluntary organizations that have created new paths and directions for
others to emulate.
According to a press release, NHRDN has specifically recognized Wipro Spectra mind
for its performance orientation that has become central to the company culture. The
performance management system at the company is aligned to both, the business goals
and values adherence.
The company values/ operating principles are broken down into behavioral indicators
that are observed and measured on a regular basis, which in turn linked to the personal
effectiveness parameters in an individual's performance review. There is also an
ongoing emphasis on training needs assessment and people development.
Wipro Spectra mind was also noted for its innovative practices in the areas of attracting
the right talent, reward and recognition, promoting fun as a written down operating
principle, learning, employee communication and compensation which are amongst the
key reasons for the spectacular success of the company.
EMPLOYEE BENEFITS PROVIDED BY THE COMPANY.
A part from the legal and mandatory benefits such as provident-fund and gratuity, below
Is a list of other benefits…:
8. Personal Health Care (Regular medical check-ups): Some of the BPO'S provides the
facility for extensive health check-up. For employees with above 40years of age, the
medical check-up can be done once a year.
10. Educational Benefits: Many BPO companies have this policy to develop the personality
and knowledge level of their employees and hence reimburses the expenses incurred
towards tuition fees, examination fees, and purchase of books subject, for pursuing
MBA, and/or other management qualification at India's topmost Business Schools.
11. Performance based incentives: In many BPO companies they have plans for,
performance based incentive scheme. The parameters for calculation are process
performance i.e. speed, accuracy and productivity of each process. The Pay for
Performance can be as much as 22% of the salary.
12.Flexi-time: The main objective of the flextime policy is to provide opportunity to
employees to work with flexible work schedules and set out conditions for availing this
provision. Flexible work schedules are initiated by employees and approved by
management to meet business commitments while supporting employee personal life
needs .The factors on which Flexi time is allowed to an employee include: Child or
Parent care, Health situation, Maternity, Formal education program
13. Flexible Salary Benefits: Its main objective is to provide flexibility to the employees to
plan a tax-effective compensation structure by balancing the monthly net income, yearly
benefits and income tax payable. It is applicable of all the employees of the
organization. The Salary consists of Basic, DA and Conveyance Allowance. The
Flexible Benefit Plan consists of: House Rent Allowance, Leave Travel Assistance,
Medical Reimbursement, Special Allowance
14.Regular Get together and other cultural programs: The companies organizes cultural
program as and when possible but most of the times, once in a quarter, in which all the
employees are given an opportunity to display their talents in dramatics, singing, acting,
dancing etc. Apart from that the organizations also conduct various sports programs
such as Cricket, football, etc and regularly play matches with the teams of other
organizations and colleges.
15. Wedding Day Gift: Employee is given a gift voucher of Rs. 2000/- to Rs. 7000/-
based on their level in the organization
Have you done employee satisfaction survey? What are the findings?
A)Yes, we found that our employees are happy with the company
A)Good Training Calendar, salary rise as per market standards, better career
growth, healthy environment at work place
A) Good Training Calendar, salary rise as per market standards, better career
growth, healthy environment at work place
What are the difficulties you face to retain your employees?
Which level of the organizational hierarchy results in leaving their jobs due to
various reasons??
A)Middle Level
After various initiatives that the company has used, do you think that the attrition
rate has come down?
A)Yes, if you take correct steps, you can reduce the attrition.
Have you done employee satisfaction survey? What are the findings?
Which level of the organizational hierarchy results in leaving their jobs due to
various reasons??
What is ur company’s attrition rate?
Which method of calculating employee turnover do u use?
After various initiatives that the company has used, do you think that the attrition
rate has come down?
Any incident u wud like to share concerned with retention?
Who is the one who has the responsibility to retain the employee? IS that the Hr
manager or some other?
8.Departmental Lunch: Everyday one dept have lunch together. Each and everymember of
the that Dept eat and drink together. This helps in improving the teamspirit and the
feeling of belongingness in the dept.
Their names are declared on the Notice board and company magazine which
encourages others also to work better
10. New employees joining the company are given atraining of 8-10 days.
The training consists of induction and orientation program along with a 2 day trip.This is
a good ice breaking session and helps them to know their colleague. The laststwo days
training is conducted in the actual job site.
11.Higher education: If any employee wishes for higher education the companysends the
employee to South Korea for training and encourages them to study hard.
12.Car is provided to the entire manager and above. The petrol expense are taken
care by the company.
13. Annually every employee gets a 5 days paid leave.
14.The company provides the facility of all indoor games along with a Swimming
pool for the refreshment of the employee.
Ex. Table Tennis, Chess, Badminton, Snooker, etc.
15.Quarterly the MD does performance appraisal of every LINE and checks whichline has
achieved production as per expectation or more than that. All themembers of the line
are gifted and their names are displayed in their annualmagazine. This encourages the
Line members to work hard and efficiently.
The Tesco campus at Whitefield in Bangalore also houses a learning centre
whereemployees can register themselves for a retail certification course from no less
than theIndian Institute of Management (IIM), Bangalore. “We have also done away with
theprobation period because we are in the business of training people,” says
Venkatesh.