Flexi-staffing has advantages for employers and also certain kinds of employees.
They are a motley crew – young people waiting for a break, women with time-consuming family commitments, healthy retirees with domain expertise, people of all ages unwilling to be tied down to a full-time job, and more. Some work part time, some full time; some bring in skills outside the core competencies of the companies that employ them, some supplement the skills; some are employed through staffing companies, some are lone operators. What they all have in common is that they are not listed on the roll of employees of the companies they work at.
They comprise the flexi-staffing industry which is rapidly growing across the world, including India. “Flexi-employment in India is currently a $5-billion market and expected to grow to $9 billion in the next five years,” says Sandesh Kangod, Co-founder of staffing company Workflexi. The market size makes India world’s third-largest employer of flexi-staff, after the US and China, but penetration of flexi staffing, at 0.5 per cent of the workforce, is still way behind the global average of 4 per cent. Most of them are employed through flexi-staffing companies, which have been growing at 15-20 per cent annually for the last few years.
Bu hikaye Business Today dergisinin October 07, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Business Today dergisinin October 07, 2018 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
BUILDING TOMORROW'S CARE TODAY
The Indian pharma industry is at a juncture where digital transformation is sweeping the healthcare landscape
BIG SHOTS
GIVEN THAT MORE THAN 40% OF INDIAN ADULTS ARE STRUGGLING WITH OBESITY AND DIABETES, AFFORDABLE WEIGHT-LOSS DRUGS ARE EXPECTED TO SIGNIFICANTLY DISRUPT THE PHARMACEUTICAL LANDSCAPE IN THE COUNTRY THIS YEAR. AND, THE WEIGHT MANAGEMENT MARKET COULD REACH ₹3.99 LAKH CRORE BY 2032, GROWING AT A CAGR OF MORE THAN 9%
THE END OF AMERICAN FINANCIAL EXCEPTIONALISM
As the dollar cycle reverses and Asia's rise continues, Indian growth will accelerate
HOW TO ADAPT TO EXTREME HEAT
India is vulnerable to extreme heat and yet unprepared. But various initiatives provide a glimpse of what is possible when collaboration and ingenuity come together
THE WORLD IN 2030
The policy implications are that India would have to maintain a strong link to a re-industrialising US but find a way to use Chinese capital and inputs
A PEEK INTO THE FUTURE
INDIA IN 2025 AND BEYOND: TRENDS TO WATCH OUT FOR
"STEERING SBI INTO THE FUTURE"
C.S. Setty, Chairman of the State Bank of India, talks about his plans for the bank, the strategy for the future, and technology, among other things
"Outlook for India is very positive"
Paul Uren, Head of Investment Banking (Asia-Pacific), J. P. Morgan, on M&A activity, the environment of investment banking market in India, and more
The 2025 Slate
The Indian film industry is hoping that 2025 will mark the return of big-budget blockbusters
TECH, SET, GO!
With up to 30 tech start-ups looking to go public, the year promises to be a turning point for India's thriving start-up ecosystem