Though temporary staffing is not a new phenomenon in the global
corporate scenario, it is a relatively new concept in India
and with more and more MNCs starting operations in the country,
the trend is growing rapidly. Undoubtedly, temporary staffing
provides a win-win situation for both the employer and employee.
Let us discuss some of the factors of temporary staffing in
brief.
Benefits for the companies hiring employees on temporary basis
The most tempting factor for the companies
to opt for the temporary staffing is the reduction of cost
and increased ROI.
As the cost of hiring the temps are shown as the consultancy
charges, the companies can limit their payroll and hence their
revenue per employee ratio improves and it has a direct impression
on the stock market.
One of the major concerns of the IT and ITES sector is the
high level of attrition, which is almost 100% in some companies.
With temporary staffing, the companies are provided with a
new employee as soon as one leaves the job.
It is also effective for a company, which does not want to
build expertise in the non-core operational areas. Like the
TCS (One of the leading IT companies of India), hires temps
for its maintenance and secretarial jobs.
Most of the temps hired by the companies are experienced in
their respective field and hence they are focused on successfully
executing the job within a specific time limit.
Benefits of the Temps
Working as a temp give the person more flexibility and freedom
at work
Experienced and expert professionals are opting for temporary
jobs as it reduces the stress and responsibility.
Often employees earn more than what they could have earned
as permanent staffs.
Many companies recruit from their temporary staffs.
Working as a temp, one can get exposure to different industries
before choosing the right industry for them.
We, at FuturZ Staffing Solutions, are offering unique solution
that will give our clients as well as the candidates an opportunity
to get the most of this situation.
Why FuturZ Payroll Management Service
Full Service, HR Back-office.
Reduced staffing costs.
Reduced liability.
Increased Flexibility.
Employer of record rate calculation.
Saves on time and avoids interfaces with other existing operations.
Internships
Outsource Labor Accounting
Experts for labor Audits
Why FuturZ Payroll Management Service
