Article: Organized flexi staffing to employ 9 million by 2025

Talent Acquisition

Organized flexi staffing to employ 9 million by 2025

A report by Indian Staffing Federation (the research for which was conducted by Indicus Analytics) projects that the flexi worker base in India will grow to 9 million by 2025 from the current level of 1.3 million. The report states that despite having an elaborate regulatory framework, India was among the five least protected countries when it comes to flexi workforce. In terms of the sectors, retail, telecom, manufacturing, pharmaceutical, hospitality and agriculture have been found to increase their intake of part-time employees over the last few years; however, only 0.32% of the workforce base employs them. According to the report, 27 percent of Indians joined the flexi workforce due to lack of alternative opportunity in the formal sector. Further, the report states that most flexi jobs in India happen at the lower end of the skill spectrum, such as data operations, accounts, sales, back end operations, administration and marketing.

A report by Indian Staffing Federation (the research for which was conducted by Indicus Analytics) projects that the flexi worker base in India will grow to 9 million by 2025 from the current level of 1.3 million. The report states that despite having an elaborate regulatory framework, India was among the five least protected countries when it comes to flexi workforce. In terms of the sectors, retail, telecom, manufacturing, pharmaceutical, hospitality and agriculture have been found to increase their intake of part-time employees over the last few years; however, only 0.32% of the workforce base employs them. According to the report, 27 percent of Indians joined the flexi workforce due to lack of alternative opportunity in the formal sector. Further, the report states that most flexi jobs in India happen at the lower end of the skill spectrum, such as data operations, accounts, sales, back end operations, administration and marketing.

Besides looking at growth drivers and prospects, its benefits to employers, the challenges involved, the regulatory scenario, some internationals trends, ISF makes a few recommendations too viz. reducing the clutter of labor laws, registering all flexi staffing agencies with a designated central body, providing a legal recognition to the industry and provisions to protect the interest of the workers with clear delineation of responsibilities of both staffing agencies and user companies.
 

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Topics: Talent Acquisition

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