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This Fortune 500 company is looking for its ‘CEO for a month’ — offering ₹1.6 lakh a month as salary

Feb 18, 2020, 17:13 IST
Business Insider India

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  • Switzerland-based staffing firm Adecco Group, a Fortune 500 company is all set to make way for its ‘CEO for One Month.’
  • The company is hiring a young chief executive — offering a salary of ₹1.6 Lakh.
  • Marco Valsecchi, Country Manager and MD of The Adecco Group India told Business Insider that the selected candidate will drive strategic business initiatives, special projects, business operations, and plan market strategies.
  • Students and those in early stage of careers can apply.
A Switzerland-based Fortune 500 company Adecco Group is providing a unique opportunity to students and those in the early stage of careers. They can apply to become its‘CEO for One Month.’

The company is hiring a young chief executive — offering a salary of ₹1.6 lakh. But that is not all. The candidate will be provided travel allowances, accommodation and other relevant benefits. Later on, the selected ‘CEO’ can continue to work with the company or join client organizations in permanent roles.

“The program is designed to be extremely hands-on where they will be provided an opportunity to drive strategic business initiatives, special projects, business operations, and plan market strategies and I will mentor and monitor very closely. At the end of the month, we will have basically walked the talk,” Marco Valsecchi, country manager and MD of The Adecco Group India told Business Insider in an e-mailed interview.

Over the last few years, candidates have come from both top tier and tier 2 universities.

The initiative is aimed at imparting ‘real-world’ training to the youth — to increase their confidence and exposure in the corporate world. It is open to candidates across 49 countries.
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“The programme will run simultaneously across countries, where the first step will be for candidates to apply to become ‘CEO for One Month’ in India, before making it to a shortlist of 10 top performers. Of the final ten candidates, one of them will be selected to become a global ‘CEO for One Month,’” he said.

Valsecchi said that the company has received nearly 22,000 applications so far and the registrations will close on March 19, 2020. Last year, Adecco received 26,000 applications from India.

The initiative, which was first implemented in India in 2016, will allow the selected candidate to run and manage a multinational that has over 35 offices in India. This includes day to day operations, strategic decisions and working with the leadership team.

“The finalists will go through a rigorous selection process and boot camp to select the young leader who will spend a full-month alongside me and gaining valuable experience leading the company,” he said.

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