‘India’s workforce quality is superior’ INTERVIEW: DIETER SCHEIFF

January 19, 2008
Dieter Scheiff, CEO, Adecco Group holds that the Indian staffing market would
acquire greater importance in times to come. This will occur with the country’s
young demographic profile and its superior quality workforce. Not surprisingly,
the company is looking at strengthening its position in India. Recently, it upped its
stake in the Bangalore-based Indian staffing firm PeopleOne to 100%— it had
bought a 67% stake in the organisation in 2004. Globally, Adecco enjoys a
dominant position in the world staffing market and is the biggest human resource
recruitment firm. It has 7,000 offices in 60 countries. Meanwhile, in the financial
year (calendar) 2006, the group had sales of Euro 20.4 billion. The group places
over 7 lakh people everyday with its network of over 1.5 lakh clients. In an
interview, via email with Taneesha Kulshrestha, he says that going forward,
Adecco may also still have further acquisitions in India. He is optimistic about
positive changes that may come about with the new Chinese labour law coming
into effect from January 1, 2008.