Temporary Hiring To Grow By Up To 25 Percent This Year
Monday, 17 October 2011, 15:30 IST   |    1 Comments
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Bangalore:Temporary hiring is gaining momentum in the country and is poised to witness 20-25 percent growth this year as sectors such as banking, FMCG, telecom, construction, infrastructure and pharma are expanding, according to industry experts. "With the growth of the economy, prime sectors such as banking, FMCG are expanding. They recruit temporary staff on a project basis or during their peak business season," staffing solutions firm TeamLease Services' Co-Founder and Vice President Rituparna Chakraborty said. This trend is growing every year and this year, it is expected to grow by 20-25 percent, she said. Traditionally, this was known as the 'thekedari system' in India, but in the past seven-eight years, it has been recognised as a professionally managed industry, with substantial demand across sectors, she said. The salaries of these employees differ as per the sectors, function and location. However, it ranges from Rs 8,000 to Rs 20,000 a month, she said. According to temporary staffing firm Gi Staffing Services' Regional Head (North), Kumkum Aggarwal, the festival season results in huge demand for products like consumer durables, food and beverages, alcohol and even automobiles. "This year, we have seen up to a 25-30 percent increase in hiring of temporary staff during the festivities," she said. Graduates between 18-25 years of age, with selling aptitude and knowledge of regional languages, are usually preferred for these positions, Gi Staffing Services' Regional Head (South) Rajeswari Dhar said. "We have provided 30 percent of the additional staff for the telecom sector and 45-50 percent for the FMCG sector this festive season," she said. Talking about the legal aspects, Gi Staffing Services' VP (Legal and Compliance) Sundeep Arora said there are important prerequisites to keep in mind before taking temporary employees on board. "These include hiring temps from a contractor who is trustworthy and complies with laws of the land, obtaining appropriate insurance covers to protect our own and temps' interest during the term of engagement and briefing temps about important aspects/conditions of engagement beforehand," he explained. GlobalHunt Director Sunil Goel said as industries are growing, the temporary workers concept has witnessed around 30-35 percent growth year-on-year. However, he indicated this is a regular phenomenon and not restricted to the festive season.
Source: PTI