The Indian economy is in the midst of a slowdown and most of the large global economies are in the throes of the worst recession in decades. Thousands of employees in the private sector have already lost their jobs and many more job losses are being forecast.

At this critical juncture, TransDyne launched what is perhaps the private sector’s first-ever job security program. Called ‘Smart Shield’, this program offers its present and future employees who are capable and sincere, a total job security for at least the next five years.

The confidence to launch this program stems from the fact that outsourced Medical Transcription is in great demand and is a recession-free business. Industry trends point to the scope for phenomenal growth in volumes over the next few years and hence this is one sector where sincere and capable employees can be assured of job security.

Being in a business which services doctors, and as one of the leaders in its industry, TransDyne is privileged that the people-friendly SmartShield program was launched by the people-friendly leader & doctor, the Honourable Chief Minister of Andhra Pradesh, Dr.Y.S.Rajasekhar Reddy, at the GHMC Job Mela, on the 18th of February, 2009. Dr.Rajasekhar Reddy presented the SmartShield and letters of appointment to two new recruits of TransDyne.

About Medical Transcription: The Medical Transcription industry is estimated at a total size of around USD 12 billion, of which less than USD 500 million is currently being outsourced. With the increased onus on the US healthcare system to further cut costs and to move towards Electronic Medical Records, outsourced transcription is being seen as an inevitable trend and has already gained wide acceptance in large hospitals.

About TransDyne: TransDyne is one of India’s best outsourced transcription companies and functions out of four centres in Hyderabad and one in Vijayawada. With a robust technology platform and a team of highly qualified and experienced professionals, TransDyne is set to consolidate and grow further. Its past honors include being awarded as the ‘Best Management’ (2005), ‘Second best IT SME Company’ (2006), and ‘Top IT SME Company’ (2007), by the Government of Andhra Pradesh.

Watch this video to know more about SmartShield - TransDyne's five-year job guarantee program