Aspire earmarks training fund for team members

ASPIRE EARMARKS TRAINING FUND FOR TEAM MEMBERS

Chennai, August 3, 2003 - Aspire Systems, a leading outsourced product development company based in Chennai, today introduced a comprehensive and new training initiative for its team members. The initiative, while aiding Aspire's team members realize their career objectives, will also ensure a seamless integration of the same with the organization's goals.

“As we look back at our achievements so far, it is very clear that our people have played a crucial role in our success. We realize that our commitment does not stop at providing a challenging work atmosphere, but extends to enabling our people realize professional and personal growth,' commented Gowri Subramanian, Chief Executive Officer, Aspire Systems.

Aspire, through its Career Enhancement Fund, will encourage team members to undertake training programmes to enhance specific skill sets. The company will contribute a substantial amount of Rs. 10 lakhs towards this purpose. In addition, Aspire will contribute Rs. 4 lakhs towards a Corporate Training Fund that will be utilized to provide project specific training. While the Career Enhancement Fund will fund individual training requirements identified during appraisals and will be driven by team members themselves, the Corporate Training Fund will depend on project requirements.

"The HR framework at Aspire has been crafted to understand everyone's personal goals and aspirations. The objective is to use this framework to collate data and to make informed decisions that will facilitate our people to realize their goals. This process will obviously result in alignment between personal and organizational goals, leading to an excellent work environment, commented Kalpana Srinivasan, Head of Human Resources, Aspire Systems.