In a recent announcement, the Indian Staffing Federation (ISF) named the newly-elected Executive Board 2022-24 and their vision to bring formal employment to India’s 390 million informal workforces. By bringing the informal workforce into formal employment the board vowed dignity of labour, minimum wage protection and social security for them.
The announcement comes after India has been ranked 5th globally (as per World Employment Confederation Economic Report) in the formal Flexi worker's sector with 3.3 million formal contract workers, whereas 390 million are bereft of the minimum social and wage security.
The official communique stated that ISF’s 12 member board will take charge on in the first week of April. Lohit Bhatia, President - Workforce, Quess Corp has been re-elected as President, Indian Staffing Federation, while Pramod Pachisia, COO, 2coms Consulting Private Limited has been elected as Vice President.
The ten-member Executive Board Members who join the President, Vice President to lead various initiatives of the federation in the next two years (2022-24) are:
- Farhan Azmi, Founder & MD, Futurz Staffing Solutions PL
- Mehul Shah, MD, Collabera Technologies
- Narayan Bhargava, Chairman, Calibehr Business Support Services PL
- R P Yadav, Chairman & MD, Genius Consultants
- Sanju Ballurkar, President (Experis), ManpowerGroup India
- Suhas Basakhetre, MD, Prompt Personnel Pvt Ltd.
- Sunil Chemmankotil, SVP & Head Specialized Staffing, Teamlease Services Ltd.
- Viswanath PS, MD & CEO, Randstad India
- Tapasi Chakraborty, CEO, Astute Outsourcing Services P L
- Somnath Banerjee, Director, Orion Corporate Alliance PL
On being re-elected, Lohit Bhatia, President, Indian Staffing Federation shared, “It is a humbling experience when our 100 staffing member companies choose the twelve industry colleagues to represent the industry on critical issues that can foster formal employment generation through staffing and outsourcing. India is one of the largest global staffing markets with consistent growth of 16-20% CAGR and this is poised to grow even faster as formalization assists staffing penetration in Indian employment in coming years.”
Pramod Pachisia, who took on the role of Vice President said, “The methods of doing business have evolved post-pandemic. Organizations increasingly want to engage contract workforce and staffing companies due to the flexibility required in business. Skilling and upskilling of talent is the need of the hour more than ever before due to the large-scale changes taking place in organizations of all sizes.”
Pramod added that the skills gap in the available workforce only increases the need for organizations for exercising all available employment formats to remain productive and competitive. Through staffing Companies, freshers often find their first job which becomes the stepping stone for them to join formal jobs in the industry. It will be the endeavour of the federation to increase formal opportunities and allow the young workforce to be employed through formal employment channels. The efforts to build a formal employment roadmap also go through the staffing companies associated with the skilling ecosystem.