Large companies are cutting down wage cost while start-ups want to hire executives only for a short period. Now, there is a solution for both. Flexi or temporary staffing is fast catching up in India with retail, logistics, FMCG and start-ups with the IT industry taking the lead.
The new labour reforms that the government is pursuing is likely to give a major boost to this concept which is still at a nascent stage in India, compared to matured markets like the US. And recruiters are happy.
Both employees and companies will benefit from flexi-staffing. Employees can work as and when they feel, take a break and rejoin. Companies, for their part, recruit ‘just in demand’ or ‘on a need’ basis, rather than carrying a large bench.
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The Indian Staffing Federation (ISF), an association for the recruitment sector, said that flexi-staffing grew at 16.3 per cent to reach 3.3 million in 2018, out of the total 463.4 million total workforce.
Source: Business Line
