Posted by Madurai, Tamil Nadu: Chennai based global payroll and HR solutions provider Neeyamo has announced the expansion of operations in Madurai with its second office. It has set up a second office with 1600 seat capacity.
The company already has an existing centre in Madurai’s ELCOT (Electronics Corporation of Tamil Nadu) region with 1000 seat capacity.
In addition, the company plans to ramp up its headcount to 1200 in the year ahead. The centre will focus on Neeyamo’s key lines of business – Global Payroll transformation and development of payroll, Time and Absence products.
The platform-based global payroll technology provider Neeyamo has around 3,000 employees covering 190 plus countries and serves over 350 customers worldwide. The team based out of Madurai primarily works on developing payroll, time and absence products.
Neeyamo’s team in Madurai comprises a team of technology specialists, implementation experts, compliance experts and customer support executives to support their global clients. It aims to set up a modern centre in Madurai to support its Fortune 500 clients worldwide.
“We are creating world-class products from Madurai, which is proof of the talent pool available in the region. When we started our first Madurai centre, we realised there weren’t many companies based out of Madurai,” said Rangarajan Seshadri, CEO – Neeyamo.
“We had a good number of people working in our Chennai centre that came from Madurai and neighbouring towns and cities that made us realise the uncaptured talent that Madurai had to offer. We are very pleased with the talent in Madurai. Culturally, people are very humble and grounded. The energy levels in our Madurai centre inspires all of us at Neeyamo,” added Seshadri.
In the year of the pandemic, Neeyamo increased its employee count from 1500 to 3000. And 80% of employees are from smaller cities including Madurai, Thanjavur, Nagpur, Belgaum, and Aurangabad.
Neeyamo renders services out of major product development centres in remote areas across the country. The company is looking to establish Remote Development Centres (RDCs) in 20 cities across India.