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Posted: Fri Nov 17, 2017 3:53 pm 
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Joined: Mon Nov 13, 2017 2:04 pm
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Gig Economy is on the rise with IT skills requiring professionals to work on project for shorter duration.

As reported by Livemint, the IT flexi staffing market in India, worth $3.04 billion in 2016-17, is expected to grow 14-16% annually to become a $5.3 billion industry by 2021, the ISF report said.

Companies like TeamLease Services, Manpower, Kelly Services, People Strong and Adecco India are part of India Staffing Fedaration.

According to the report, new technologies including artificial intelligence, machine learning, cloud, analytics, Internet of Things etc., will generate demand for a niche skill set, encouraging hiring of IT flexi staff.

“IT is no more one sector. It is the base for almost all sectors whether it is banking, retail or insurance. With the kind of digital push the country is making, the need for IT staff across sectors will grow and here we found that flexi staffing will see a big growth,” said Rituparna Chakraborty, president of ISF and also the senior vice-president of TeamLease Services.

Poor jobs growth has been a constant refrain of India’s economic narrative.

The top six India-based IT companies, referred to by the acronym TWITCH by some analysts, have reported a net decline of 10,505 employees in the first two quarters of FY18. During the same period last year, they had reported net hiring of 58,765, Mint reported on 3 November. TWITCH comprises Tata Consultancy Services Ltd, Wipro Ltd, Infosys Ltd, Tech Mahindra Ltd, Cognizant Technology Solutions Corp. and HCL Technologies Ltd.

“The slowdown of jobs indicate that while tenured jobs are not getting created as much as required. Companies are looking to hire more flexi staff to fulfil project specific requirements,” Chakraborty added.

As per the report, which surveyed 120 companies, flexi staffing will grow fastest in the e-commerce and start-up sector (17.3%) followed by IT/ITeS (15.8%), and healthcare (14.1%).

It said wide adoption of cloud computing, use of mobile phones for work or mobility service and the growing concern around cyber security will drive flexi staffing. At least 73% of the companies surveyed said that cyber security and cloud computing will drive flexible hiring, and 45% said mobility was a key driver.

As experts to the HR Compliance and Audit how would you manage this for an employer? The emerging skill groups do not have a clarity in terms of jobs. They are mostly work-based than designation or even salary-band based! Hence, which are the areas critical to Compliance that an employer must care for while hiring the Flexi-Employee?

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Posted: Wed Dec 06, 2017 1:15 am 

Joined: Tue Feb 04, 2014 2:15 pm
Posts: 4
Most important point while hiring flexible-staff is to ensure that the organisation is hiring for non-core or ancillary/ specialised skills job description which is typically outsourced to the experts managing the said service deliverable

Secondly , as per provisions of various labour laws , the benefits which is given to the Full time employee has to be extended to flexi-staff working on third party payroll if the organisation is hiring for same nature of work or job description

If the organisation wants to have millions of dollars growth , they need first come out of Minimum wage work mentality


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Posted: Fri Dec 08, 2017 1:24 pm 

Joined: Fri Dec 08, 2017 12:43 pm
Posts: 10
The organisations will have to restructure the salary slabs for entire organisation including flexi employees. If the projects are to be completed on time, the salary and other perks have to be at par with the regular employees of the organisation. If it is an attempt to cost reduction by having flexi employees on the roll, it is misunderstanding of the employer as the labour authorities will catch them at appropriate time if it is not complied with the provisions of labour laws.


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Posted: Thu Dec 28, 2017 9:19 pm 

Joined: Wed Dec 27, 2017 2:45 pm
Posts: 2
Location: France
Hello Kitchvij,

Can you pls give some references, yr experience & other details ?

Thanks.

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