Dec 21, 2020 – Hyderabad – Digital Employment Exchange of Telangana (DEET) has officially collaborated with Equifax, the multinational consumer credit reporting agency, to streamline the process of employment verification and strengthen its authenticity. This strategic collaboration, through the introduction of new digital services on DEET app, will open gates for swift employment & ID verification for employees in a secure and confidential manner, easing out the tedious process of hiring. Further, the job seekers registered on DEET can leverage this collaboration in getting verified credit reports from Equifax to check eligibility and apply for loans and mortgages.
The Digital Employment Exchange of Telangana or DEET is an innovative initiative by the Government of Telangana in collaboration with Workruit, an AI-Driven employment platform for job seekers and employers to connect instantly. It is a novel employment platform that provides ease and quick connect between employers and job seekers through a right swipe and further connecting for interviews. Equifax Analytics, a subsidiary of Equifax Inc. is the only significant employer-contributed employment data repository in the country, enabling enables instant employment verification. The current system of employee verification takes about 8 to 10 days and with this collaboration, DEET and Equifax aim at enhancing the employment ecosystem in the state of Telangana and make the process of recruitment and verification instant.
Speaking on the collaboration, Shri K T Rama Rao, Hon’ble Minister for MA&UD, Industries and IT&C of Telangana said, “Telangana has become a gold mine of opportunities for the IT sector, where both the companies and workers are flourishing, owing to the promotion by the state. I see this collaboration of DEET and Equifax as another stepping stone by the Government of Telangana towards a brighter future for the employment sector. Further, this synergy will enable seamless verification and appointment of right workers, facilitating efficiency and profits of the companies.”
Shri Malla Reddy – Hon’ble Minister for Labour, Employment, Women and Child Development of Telangana, said, “We are very pleased to enable access to Equifax Workforce Solutions, Equifax Credit Score and Identity & Address verification services through DEET Platform. Our platform enables job seekers to access & explore new jobs, alerts and interview details from across the State and allows employers to access top talent for the requirements, bridging the gap of employment.”
Shri Jayesh Ranjan – Principal Secretary, ITE&C and Industries & Commerce Department, Government of Telangana said, “Equifax has partnered with Digital Employment Exchange of Telangana (DEET), first of its kind initiative in India to provide their services for DEET enrolments which would go a long way in adding value for employers and job seekers and authenticity to the platform. The DEET platform over a period of time has been emerging to cover the various aspects in the domain of employment eco-system and partnerships. Equifax provides it with profound insights and capability enhancements.”
Shri KM Nanaiah, Country Leader, MD, Equifax India and MEA said, “We are very pleased to partner with DEET of Govt. of Telangana for the first of its kind initiative on providing employment verification, and credit report services to employers showcasing their open vacancies on the platform. This will further digitize the online job search process on the DEET app and platform by providing online digital verification of the candidates thus reducing the paperwork and improving the timelines.
Nipa Modi, Country Leader, Workforce Solutions said, “With this collaboration, we look forward to enabling employability and seamless verification of the workforce and adding value to the state’s employment division.”
Manikanth Challa, CEO, Workruit said, “DEET is a progressive initiative of Government of Telangana under the able leadership of Shri K Chandrashekar Rao, Hon’ble CM of Telangana and Shri K T Rama Rao, Hon’ble Minister for MA&UD, Industries and IT&C of Telangana to improve the employment scenario and provide a friction free seamless platform for interaction of employers and job seekers and add value to the parties. It is a proud moment for me to see my brainchild partner first with the Government of Telangana, and now proceeding to collaborate with Equifax. I believe that this partnership will generate fruitful results for the state, its employers and job-seeking talent.”
The collaboration of DEET platform and Equifax will enable the latter to have a reach to all types of companies from Micro, Small & Medium Enterprises (MSMEs) to Large Enterprises and DEET will enable companies to hire faster through its highly relevant results. This streamlining will simplify the process and help both the hiring companies and job seekers.
(DEET) – Digital Employment Exchange of Telangana, the brainchild of Workruit is a first of its kind initiative in India launched by Government of Telangana in collaboration with Workruit to improve the employment ecosystem in the State. DEET eliminates the hurdles and acts as a network connecting job seekers and job providers instantly.
The job seekers and the job providers can register themselves onto the platform with minimal efforts and the platform also provides for the entire arena of skilled, semi-skilled, unskilled, unemployed, job migrants and fresh entrance to access and enter the stream of employment and other end of the spectrum would involve all employers from various industries like Information Technology (IT), Retail, E-Commerce, Consumer Services, Business Services, Advertising, Telecommunications, Consulting, Entertainment, Hospitals, Manufacturing, Insurance, Banking, Pharmaceuticals, Real Estate, etc.
With offering end-to-end solutions from applying for jobs, receiving alerts regarding walk-in interviews, industry insights and instantly connecting with employers through chat and interviews, DEET has generated more than 2,00,000+ job vacancies in the private sector, 1,25,000+ employers across the MSMEs and Corporates and around 10 lakhs job seekers on the platform.
Equifax (NYSE: EFX) believes knowledge drives progress. As a global data, analytics, and technology company, Equifax plays an essential role in the global economy by helping financial institutions, companies, employees, and government agencies make critical decisions with greater confidence. Their unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 11,000 employees worldwide, Equifax operates or has investments in 25 countries in North America, Central and South America, Europe, and the Asia Pacific region.
For more information, visit www.equifax.co.in