Company Profile

Corporate Profile Welcome! IKYA Human Capital Solutions is a premium integrated HR solutions company, with a focus on Executive Search, Recruitment Solutions and Staffing Services. Headquartered at Bangalore, IKYA provides value-added services to a broad range of industry sectors through a growing network of company-owned offices across India. Employment is at the core of any flourishing economy and people build successful organizations. IKYA Human Capital Solutions has been created to enhance skills in a growth economy and to partner enterprises in identifying the right talent.

It also stands for uniqueness. It represents the unity of its people for a single great cause - the oneness that can empower and change people's world - by creating a positive impact on the lives of its employees, candidates and clients. IKYA marks the coming together of a group of industry veterans who bring in-depth knowledge and experience in the entire gamut of HR services. IKYA's vision is to be a leading player in the Human Capital industry in the emerging markets across the world.

Vision:
To become a best in class organization in a globally competitive workplace with a focus emerging markets.

Mission:
We are committed to building organizations and careers by providing premium integrated human capital solutions based on mutual respect, trust and integrity.

Values:

We are passionate about our business. We never let our stakeholders down; be they clients, candidates, partners or ourselves. We believe in improving and excelling in everything that we do. We are unified by teamwork through collaborative practices. We stay positive even when the world seems negative. We constantly strive to enrich our professional relationships.

Management Team:

Management Team Our experienced management team from diverse sectors and with in-depth knowledge in HR solutions work as your strategic partners. Click on individual name to know more about Team IKYA.

MarcelRParker Chairman
Marcel R Parker is one of the senior most HR professionals in the country with diverse experience in Management Development, Industrial Relations, Performance Management and Strategic HR. Just prior to joining IKYA, Marcel Parker was President-HR for the Raymond Group. Over a career spanning 38 years, he has worked in several prestigious organizations like Voltas, VST Industries, Coromandel Fertilizers, The East India Hotels, Modi Xerox, Bharat Shell and SAP India

AjitIsaac Managing Director & Chief Executive Officer

Ajit has been an industry specialist on Human Capital related issues in India with an experience of over 18 years and.. [Read More] Ajit has been an industry specialist on Human Capital related issues in India with an experience of over 18 years and has been associated with Godrej & Boyce and Essar Group in various leadership roles. He is also the Founder & ex-Managing Director of PeopleOne Consulting which was acquired by Adecco, one of the largest HR services companies in the world.

Achal Khanna Chief Operating Officer and Director - Recruitment and Staffing
Achal Khanna has over 20 years of experience working with varied industries, at companies such as ITC, DuPont, Cosmo Films, GE & Polaroid.

Subrata Nag Chief Financial Officer

Subrata Nag comes with over 19 years of experience in all aspects of accounting and financial management... [Read More] Subrata Nag comes with over 19 years of experience in all aspects of accounting and financial management. Subrata's core competence includes fund management, taxation / statutory compliance, auditing, financial planning and company secretary functioning.

Guruprasad S Business Head - Staffing Solutions

Guru worked for 10 years in finance operations and delivery management with multi-nationals like GE Healthcare, Hewitt and Adecco Peopleone before joining IKYA. He spent over 6 years with GE healthcare in the finance function and moved with Hewitt as Client Delivery Manager managing more than 60 customers. His last assignment was as the GM - Operations for a leading HR Services company in India. Guru brings in depth experience in operations, technology design and implementation.

Our Solutions Whether it's a thriving economy or a vibrant organization, its people power that makes all the difference. Quite naturally, people power is going to play a significant role in the development of organizations of the future. And it's precisely to harness the best human resources that IKYA Human Capital Solutions was formed. Founded by an expert group of industry veterans, IKYA provides value-added solutions to a wide variety of organizations. Our focused yet flexible approach ensures we go the full circle to provide Human Capital solutions for growing organizations.

IKYA Search Partners:

Senior executives and top management form the most critical resources in any organization. Consequently identifying key leadership talent

IKYA Recruitment Solutions:

Organizations' competencies lie in their domains and talent pool and not in recruitment. Recruitment solutions today are offered by businesses

IKYA Staffing Solutions:

Staffing provides temporary and flexible workforce solutions to clients with unique and changing requirements

General details:
Name*: Email *: Mobile: Address: Message:

Recruitment Solutions:
Reach the best available talent efficiently Organizations' competencies lie in their domains and talent pool and not in recruitment. Recruitment solutions today are offered by businesses dedicated to build the talent pools for organizations. IKYA Recruitment Solutions is the first of its kind recruitment company in India which has drawn an internal team from recruitment industry. We are also well complimented by a domain strong team capable of delivering services of highest quality to our clients and offer end-toend support in identifying the best available resources. IKYA has a dedicated team of domain experts delivering quality recruitment solutions defined under the following titles:

Turnkey Projects - END-TO-END solutions that includes

Identifying needs, conducting preliminary interviews, etc.

Project based Recruitment - Cost-effective option in

outsourced resources, to address recruitment under short timelines. Young Professional Recruitment - Identifying and hiring young graduates or professionals for budding organizations.

A proven track record in the below sectors:

Technology Information Technology Enabled Services Telecom Banking and Financial Services Insurance Engineering & Industrial Retail & Consumer Services Industrial Engineering Pharmaceutical

 Manufacturing

Why IKYA Recruitment Solutions

Flexible yet scalable solutions Strong domain expertise Strong in-house database driven solutions

Staffing Solutions:
Need to scale up quickly? IKYA Staffing provides temporary and flexible workforce solutions to clients with unique and changing requirements. Staffing offers end to end solutions designed to deliver optimal operational results; this ensures clients have the competitive edge. IKYA staffing believes in creating a difference by offering staffing services that benefits Clients, Candidates & Associates. Based on a robust technology platform IKYA has the edge over competition. Our range of unique products is devised to analyses, assess, conceptualize and deploy flexible workforce solutions for clients:

I-Value:
-Recruitment / migration and on-boarding

-Payroll and Compliance Management

I-Solutions:
-Performance management of associates with customization

-Basic staffing services

I-Privilege:
-Onsite human capital process outsourcing

-Full responsibility and accountability of managing manpower

I-People Cycle: Vintage Analysis:

-People Life cycle

-Salary payment pattern -People diversification and in-depth database mining

-Direct- Direct Sales Team Management:

-Direct Sales team - sourcing & hiring -Vertical segmentation approach -Large distribution management - end to end solutions

I-Sales - Sales Analysis:

-Market distribution database mapping

-Product wise / location wise reports -SMS based sales reporting

I-Satisfaction - Productivity Management / Analysis:

-Productivity management -People productivity report -Reports on cost of acquisition analysis - location / product wise

Why IKYA staffing solutions?

-A robust technology platform that ensures scalability -Diverse range of "I" products to meet varying staffing needs -Strong national presence assuring geographic coverage for businesses

Search Partners:
Board level appointments, Executive search, CXO level solutions senior executives and top management form the most critical resources in any organization. Consequently identifying key leadership talent has become one of the most challenging tasks for organizations across the globe. Whether you are looking for a CEO, CFO or any other key roles, we have what it takes to identify, screen, assess and help your organization hire its future leaders. Today Companies are increasingly turning to specialized search firms to help them find leaders who can take them to newer heights. Executive search firms hence play a very crucial role in identifying, screening, assessing and hiring the right professionals. A specialized wing of IKYA, Search Partners is defined by the expertise, knowledge and network we share within sectors. Our network of 16 offices across 12 cities enables us to provide customized and personalized services to large corporate and growing organizations. We have expertise in building management teams in the following sectors: We have a proven track record in the below sectors.

Financial Services
Our network of experienced consultants are well networked within the investment management, banking, commercial banking,

retail, finance and insurance sectors, to be able to speed the search process to deliver the best possible candidate to clients.

Consumer
Our consumer practice has the ability to understand the requirements of our clients in consumer products, durables, media, hospitality and retail, to quickly put together a team and search strategy to identify the right set of professionals.

Technology
The technology space is highly vibrant in India, while there is no shortage of talent within the country; the challenge is to find the right talent for the right organization. The sector has seen the emergence of highly specialized companies and the requirement for experienced professionals are fast growing.

Industrial
Companies across the industrial sector are realizing that the real differentiator going forward would be the quality of the leadership talent. IKYA understands the needs of our clients and have the ability to follow a research driven approach to identify key talent from across the globe.

Healthcare
The healthcare sector is an intellectual property driven sector and hence the movement of talent becomes all the more difficult. IKYA has built a very intense research capability to identify key executives within the country and the global market for pharmaceuticals, biotechnology, medical devices and healthcare services.

Infrastructure
Infrastructure is one of the fastest growing sectors in India. Having outpaced the growth of some of the dominant service sectors such as IT & ITES, Infrastructure lacks a genetic talent pool; our

consultants have built expertise in the sector to identify key talent and potential within the industry and outside the industry.

Why IKYA Search Solutions:

Strong network of senior professionals across industries Dedicated 1 to 1 client relations Professional search team with experience from broad industry ranges

SWOT Analysis:
Strengths Good Market value Efficient Workforce Reputation company Fast Growing Opportunities Expansion in other places in India as well as outside India A bigger qualitative supply chain Threats Competitors of the
Weakness Attrition Low Margins

Market Dynamics

Learnings:
Joining Formalities Letter of Appointment

 Associate Manual Bank Account Application Provident Fund Nomination Form PF Transfer Form Joining Report ESI Form IT Declaration Form Med claim Form Leave Application Form ESI Numbers Creation Salary Breakup

ESIC:
Benefits TYPE OF MEDICAL BENEFITS PROVIDED The Employees State Insurance Scheme provides full medical care in the form of medical attendance, treatment, drugs and injections, specialist consultation and hospitalization to insured persons and also to members of their families where the facility for Specialist consultation, hospitalization has been extended to the families. For the families, this benefit has been divided into two categories as under:FULL MEDICAL CARE This consists of hospitalization facilities and includes specialist services, drugs and dressings and diets as required for inpatients. EXPANDED MEDICAL CARE This consists of consultation with the specialists and supply of special medicines and drugs as may be prescribed by them in addition to the out-patient care. This also includes facilities for special laboratory tests and X-Ray examinations. Apart from the curative services provided through hospitals and dispensaries, the Corporation also provides the following facilities including family welfare services. IMMUNIZATION The Corporation has embarked upon a massive program of immunization of young children of insured persons. Under this program, preventive inoculation and vaccines are given against diseases like diphtheria, pert sis, polio, tetanus, measles, mumps, rubella, tuberculosis etc.

FAMILY WELFARE SERVICES Along with the immunization program, the Corporation has been undertaking provision of family Welfare Services to the beneficiaries of the Scheme. The Corporation has organized these services in 180 centers besides reserving 330 beds in hospitals for undertaking tubectomy operations. So far, 828976 sterilization operation viz. 176197 vasectomies and 652779 tubectomies have been performed up to 31.3.1999. The ESI Corporation has also extended additional cash incentive to insured persons to promote acceptance of sterilization method by providing sickness cash benefit equal to full wage for a period of 7 days for vasectomy and 14 days for tubectomy. The period for which cash benefit is admissible is extended beyond the above limits in the event of any complications after Family Planning operations. SUPPLY OF SPECIAL AIDS Insured persons and members of their families are provided artificial limbs, hearing aids, and artificial appliances like spinal supports, cervical collars, walking calipers, crutches, wheel chairs and cardiac pace makers as a part of medical care under the Scheme.

Benefits to Members under EPF Schemes:

1. Provident Fund benefits

1. Employer also contributes to Members PF @ 12% (10% in case of sick industrial co., any establishment having accumulated loss equal to its entire paid up capital and any establishment in Jute Industry, Beady Industry, Brick Industry, Coir Industry and Gaur Gum Factories.) 2. EPFO guarantees the Employer contribution and credits interest at such rates as determined by the Central Government. 3. Member can withdraw from this accumulation to cater to financial exigencies in life - No need to refund unless misused 4. On resignation, the member can settle the account. i.e., the member gets his PF contribution, Employer Contribution and Interest. 2. Pension Benefits 1. Pension to Member

2. Pension to Family (on death of member) 3. Scheme Certificate This Certificate shows the service & family details of a member This is issued if the member has not attained the age of 58 while leaving an establishment and he applies for this certificate Member can surrender this certificate while joining another establishment and the service stated in the certificate is added with the service he is gaining from the new establishment. After attaining the age of 50 or above, the member can apply for Pension by surrendering this scheme certificate (if total service is at least 10 years) This is a better choice than Withdrawal Benefit, as a member dies holding a valid scheme certificate, his family will get pension (Death when NOT in service)
3. Withdrawal Benefit

If not eligible for pension, member may withdraw the amount accumulated in his pension account The calculation of this amount is based only on (i) Last average salary and (ii) Service (Not based on actual amount available in Pension Fund Account) 5. No amount is taken from Member to give Pension to the Member. Employer and Govt. contributes to Pension fund @8.33% and @1.16% respectively 6. EPFO guarantees pension to members, even if the Employer has not contributed to Pension Fund. 4. Death Benefits 1. Provident Fund Amount to Family (or to Nominee) 2. Pension to Family (or to Parent / Nominee) 3. Capital Return of Pension 4. Insurance (EDLI) amount to Family (or to Nominee) No amount is taken from Member for this facility. Employer contributes for this. 5. Nominee is basically determined as per the information submitted by the member at this office through FORM-2 -- grant of exemption from the operation of the scheme/s framed under the Act to an establishment, to a class of employees and to an individual employee, on certain conditions. -- Penalties to employers/trustees of exempted Provident Fund who

contravenes the provision of the Act and the Scheme. -- Appointment of inspector to secure compliance under the Act and the Schemes framed there under. -- Mode of recovery of moneys due from employers.

Salary Breakup:
Salary Breakup
A) Basic HRA conveyance Special Allowance Gross B) Reimbursement Food Coupon Fuel Medical LTA Telephone Total Total Gross C) Employer Contribution Employer Insurance Employer PF@13.61 Employer ESI@4.75 Total D) Employee Contribution Employee PF@12% Employee ESI@1.75% PT Total Take Home CTC Monthly Annually