Temping jobs are here to
stay and rule the Indian HR market
In
the fast changing global HR scenario, temping jobs seem to
be a viable solution for the companies looking forward to
excel in the competitive market. Indian companies are also
no exception to this rule. Though IT and ITES companies are
the pioneers to adopt temping jobs, companies irrespective
of industry and size are first catching up with the trend.
The following points will give you a comprehensive idea of
the growth of the temping jobs in India.
-
Number of temp staffers in 2003 - 15, 000 - 20, 000
-
Number of temp staffers at the beginning of 2006 - above
1, 20, 000
-
Average compensation in 2003 - Rs. 5,000 - Rs. 6,000
-
Average compensation at the beginning of 2006 - Rs 6,000
- Rs 8,000
-
Potential size of temp market - 2.5% - 3% o of total workforce.
[Ref: Deccan Herald - DH Avenues,
4th January, 2006]
The main cause behind this surging popularity of the temporary
staffing system is the fact that it is benefiting both, the
employers as well as the employees. With temporary
staffing, companies can lease skilled employees
in any function, in any department without the liabilities
associated with keeping permanent employees. On the other
hand, temporary staffing provides opportunities to millions
of talented freshers and experienced candidates to work with
big names in the industry. While companies enjoy service of
more people keeping the payroll in control, employees get
the freedom of working according to their convenience. According
to industry studies following are some of the main reasons
of temporary staffing.
-
6% companies use temporary staffing to reduce wages.
-
63% companies hire temps to match the seasonal peaks in
work load.
-
59% to cover for leave vacancies.
-
39% to perform one-off tasks.
-
21% hire temporary staff for specialist skills.
-
20% hire temp staff on a trial basis before permanent employment.
[Ref: Deccan Herald - DH Avenues,
4th January, 2006]
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