Temporary workforce in India’s organised sector is expected to swell up to 9 million over the next 10 years. The country at present has 1.3 million temporary workers in the organised sector. By 2025, it is expected that 10 per cent of the overall workforce in India could be working in a flexible capacity through various staffing companies, feels ISF.
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Executive search companies, head hunters and staffing companies also subscribed to the same view.
“Five years back the acceptability of temporary staff was not there in the country but it has recently increased as the temporary staff gets paid better, and at par with their full time employees. The larger difference is that the long term benefits and bonuses are not there in temporary environment and most of the global firms are following the same trend as they follow in their local market in the US and Europe. To support the spike of the need they prefer to hire temporary staff as decision making, availability and joining is faster for the job,” said Sunil Goel, MD, GlobalHunt.
Chosen excerpts by Job Market Monitor. Read the whole story at India to have 10% temporary workforce by 2025 | mydigitalfc.com.
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