Press release from Business Wire India
Source: First Advantage Private Limited
Wednesday, July 24, 2013 04:00 PM IST (10:30 AM GMT)
Editors: General: Entertainment, People; Business: Business services, Information technology, Media & entertainment; Technology
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First Advantage Showcases New Brand Identity at the NASSCOM HR Summit 2013
Recently Launched Next Generation User Experience from Global Leader Lays the Foundation for New Visual Design

Bangalore, Karnataka, India, Wednesday, July 24, 2013 — (Business Wire India) — First Advantage, a Symphony Technology Group (STG) company and the global leader in identity and trust information solutions, shared its thought leadership and unveiled its new brand identity at NASSCOM HR SUMMIT 2013. The new brand identity aligns with First Advantage’s commitment to be the first such provider to deliver intuitive and easy-to-use solutions expected by clients and candidates alike. Touching 16 million people each year, First Advantage’s solutions are delivered by more than 4,000 associates in 26 offices around the world, four of which are located in India.

Participating in a panel discussion on “Derisking Human Capital” at NASSCOM HR SUMMIT 2013, the HR industry’s largest annual conference in India, Navin Chugh, Senior Vice President and Managing Director, of First Advantage India chaired a panel discussion focused on Reducing Human Capital Risk in India. The discussion was co-chaired with Dayanand Allapur – Vice President& Head of Human Resources at Capgemini Business Services BPO and Raghavendra K – Vice President and Head of Human Resources, Infosys BPO. The panel discussed the current labour scenario with a varied demand supply ratio: For every job opening, there are an increased number of aspirants and the skill sets required are very specific. These factors have led to increasing challenges in recruitment from something small and very common such as the misrepresentation of data to perhaps more drastic instances involving people taking money under the false pretext of ensuring jobs for the aspirants and more. . Overall, the discussion centred on establishing and implementing the best practices within the recruitment ecosystem, mitigating the growing recruitment risk, and solutions to minimize or eliminate such activities.

Chugh said, “There are various kinds of recruitment risks currently faced by the industry. There are the misrepresentation of facts, identity theft, suspect companies and institutes offering fraudulent experience letters and degrees and unethical practices where people ask for money for jobs further accentuated by lack of background verification standards. All these affect the organizational ecosystem negatively, especially the cost for compliance. By adopting best practices such as solutions from First Advantage, we can proactively mitigate these risks and their impact on organization”.

As one of the sponsors for NASSCOM, First Advantage has also collaborated with NASSCOM and the National Skill Registry in an initiative to take background verification to a higher level and standardise the process of background verification providers’ qualification, evaluation and selection.

About First Advantage

First Advantage provides comprehensive screening, identity and information solutions that give employers and housing providers access to actionable information that results in faster, more accurate people decisions. With an advanced global technology platform and superior customer service delivered by experts who understand local markets, First Advantage helps customers around the world build fully scalable, configurable screening programs that meet their unique needs. Headquartered in Alpharetta, Ga., First Advantage has offices throughout North America, Europe and Asia. More information about First Advantage can be accessed at www.fadv.com.

About NASSCOM

NASSCOM® is the premier trade body of the IT-BPO industries in India. It is a global trade body with more than 1200 members, which include both Indian and multinational companies that have a presence in India. NASSCOM’s member companies are in the business of IT services, BPO, Engineering design, products, internet and e-commerce and animation and gaming. NASSCOM’s membership base constitutes over 95% of the industry revenues in India and employs over 2.5 million professionals.

NASSCOM’s member and associate member organizations are broadly in the business of software development, software services, software products, consulting services, BPO services, e-commerce and web services, ER&D off shoring and animation and gaming. NASSCOM’s membership base accounts for over 95 per cent of IT-BPO industry revenues in India and employs over 2 million professionals.

NASSCOM was set up in 1988, as a not-for-profit organization, registered under the Indian Societies Act, 1860. Currently, NASSCOM is headquartered in New Delhi, India, with regional offices in the cities of Bangalore, Chennai, Hyderabad, Kolkata, Mumbai and Pune.

CONTACT DETAILS
Mahima Tamang, Asst. Manager, Marketing and Communications, First Advantage Private Limited, +91 9916359570, Mahima.Tamang@fadv.com
Ritika Arora, Sr. Account Executive, 20:20 MSL, +91 9538216601, Ritika.Arora@2020msl.com

KEYWORDS
ENTERTAINMENT, PEOPLE, BUSINESS SERVICES, IT, MEDIA, TECHNOLOGY

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