Competing World's Most Valued Startup from India - OLA

Ola, the taxi-cab aggregator company is investigating allegations that one of its senior executives has been involved in corrupt practices. According to a report by FactorDaily, it has ordered an investigation into the alleged fraudulent practices, which is estimated to be running into millions of dollars. The executive involved is being investigated for favouring vendors and in return allegedly receiving kickbacks. Human Resources and recruiting in particular is a critical part of all companies, especially high growth ones. There are several large public and private companies (Workday, Success Factors, Monster, Jobvite and Trinet) who are dedicated to helping companies with HR, some of them just concentrating solely on recruiting. In fact, recruiting is so important that companies employ paid recruiters and compensate them up to 20% of the yearly compensation for recruiting a single employee. It adds up. A company with one thousand employees growing employees 10% a year with an ind...