Article: Indian Staffing Federation to hold first World Employment Conference

Talent Acquisition

Indian Staffing Federation to hold first World Employment Conference

WEC to open door for investment opportunities in Indian job market

Indian Staffing Federation (ISF), an apex body of flexi staffing industry in India, will be hosting the 49th Ciett World Employment Conference (WEC) in May 2016 in India. It is creating an opportune platform by hosting it for the first time and bringing the world’s employment focus to our country and will create one of its kind ‘window of opportunity’, to showcase India in front of the global employment industry.

Indian workforce has increased to 397.4 million in 2013 with 3 million erstwhile informal sector workers entering the formal sector employment, aiding in a significant surge of 7.2 million in the formal sector workforce. Nearly 12 million people enter the labour market every year but less than 10% land jobs; a large potential group of trained school students, who currently translate into 90% of the population are waiting outside the ambit of formal structured learning, to be available for employment and 2.5 mn graduates passing out of colleges each year, currently without adequate skills need to be trained. Indian Staffing Federation through this global platform is bringing the global employment organisations to witness the talent and benefit from the unique advantages.           

Rituparna Chakraborty, President, ISF, said, “Around the globe companies see a lot of potential in India where they have seen a 20% growth in the Indian staffing market over the last 3 years. In spite of this potential, the biggest challenge for staffing companies remains finding the right talent for the client companies. This event is a great means to showcase India as an emerging talent powerhouse, building the confidence of investors across the globe who are waiting to reap dividends in the country through their investments here.”

Being the voice of the industry, ISF is highly committed towards the enhancement of the labour industry. With a penetration of just 2%, ISF is championing this industry with 5 million jobs in last 10 years in formal sector with suitable and supporting regulation. The federation has also submitted a representation with 20 minimum provisions at the ILC 2015 to be included into national regulatory framework in order to develop decent work via contract staffing companies

In its recent association with National Career Counselling portal, an initiative by Modi government, to offer formal jobs to Indian youth, the initial response has been good. Till now the total registered jobseekers stands at 3,52,482  while among all states, the maximum registrations have been from Madhya Pradesh with 167485 job seekers and private sector taking the lead in the job openings with 15 registrations followed by government sector with 10 registrations. (Source – NSC)

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Topics: Talent Acquisition, Staffing Recruitment, #Events

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