Skip to main content

The Futuristic Scope of Temporary Staffing

Often, the future is approached with hesitation and fear, especially in the staffing industry. The unknown ways the market may shift can leave both businesses and staffing agencies vulnerable if not prepared.

Keeping ahead of the trends can be the difference between a successful agency and a failing agency in five years’ time. Below, we predict how the contract staffing industry is expected to change in the foreseeable future. How will these modifications affect your business?


Continued Growth

The temp staffing industry in India has maintained continuous growth over the past few years. In 2019, it is expected to continue to grow by three percent. The majority of businesses still consider profitability to be their main priority, so the prospect of saving 30 percent when hiring temp workers over employees is extremely tempting. Because they require no employment insurance, CPP, benefits, or vacation time, independent contractors are significantly more appealing for companies looking to stretch their dollar.

An increase in the demand for temp staff will require temporary staffing companies to continue to develop their candidate pools to accommodate this increased need.

Perception Shift

The temp staffing industry often gets a bad rap. Whether it’s that temp staffing firms take a cut of temps’ paycheque or all temps are unskilled, we’ve heard it all. We, however, know this simply isn’t true, and it’s time for the rest of the world to know it as well.

With the continued growth of the staffing industry, more people are becoming aware of the benefits of temporary recruiting and how it can benefit both Indian employees and businesses.

Increasing Opportunities for Qualified Candidates

As the baby boomer generation reaches the age of retirement, there will be a significant gap in the workforce. Many empty positions will need to be filled. While technology is making more and more positions redundant, there are many jobs that can never be replaced by technology, leaving great opportunities wide open for qualified candidates.

This means staffing agencies will need to potentially alter their hiring processes to appeal more to the millennial demographic, compared to the previous hiring practices of the older generations, in order to attract top-quality candidates.

Focused Industries

In the future, it is predicted that we will see a decrease in temporary staffing positions in the private sector and service industry, and an increase in the governmental, healthcare, education, and construction industries. This is where temporary staffing companies niche markets may be affected and could prompt the restructuring of your agency if you’re focused on an industry that is facing decreasing demand.

Continued Importance of On-Demand Placement

In today’s technological age, we want everything instantly. With simply the touch of some of the buttons, you can arrange food, book a taxi, or pay a bill immediately. The same requirement is exceeding the staffing business.

At the point when organizations need to recruit employees, they need them now. This means that future temporary staffing positions will need to be filled quickly—the sooner the better. As such, staffing agencies need to find a way to maximize their efficiency and speed up their hiring processes now in order to stay up to speed with the requests of their clients.

Flexibility, Flexibility and Flexibility

It’s so important; we had to say it three times. With all the other changes coming to the temp staffing industry, your agency needs to be extremely flexible to accommodate any and all situations.

A client wants a qualified candidate by the end of the month? Flexibility.

You’re introduced to a new industry you’ve never recruited in before? Flexibility.

It’s all about flexibility. This means expanding out of your comfort zone and trying new procedures in order to meet clients’ needs.

So what are you waiting for? Search for a decent temporary staffing company in India and begin today or visit our website http://kvb-group.com/web/home or mail us on info@kvb-group.com
Labels:

Comments

Post a Comment

Popular posts from this blog

5 Crucial Reasons to Outsource Payroll

The outsourcing of non-core functions has long supported company consultants. A non-core function is a non-profit central function. A non-core function may be essential, but it does not strategically differentiate your company from your competitors. Most businesses have non-core functions in administrative and back-office operations such as payroll. But the question business owners and managers would like to answer is: What does non-core functioning like payroll actually give you? Is it important to always search for acceptable outsourced service providers and recognize them? Then there is the challenge of moving the role to a third-party provider.   Do the payroll outsourcing advantages outweigh this effort? So let’s find out what are those crucial reasons why payroll is outsourced: 1. Complex Payroll Rules and Calculations: It becomes extremely challenging to calculate any employee's exact salary and compensation, with so many formal payroll regulations,...
Post a Comment
Read more

Things to Consider When Choosing a Payroll Management Services

Today an ever-increasing number of organizations are looking for outside assistance and backing for their finance handling needs as well as help with consistency, information exactness, wise information investigation and proficient ability. On the off chance that you are thinking about having your finance overseen or upheld by a 3rdparty, here are seven key inquiries to pose to when investigating alternatives. Payroll processing duties can create a huge burden and stress for small business and can be overcome on large businesses. And if you want to run your organization with lower stress than there is a process of payroll outsourcing management which nowadays we have many providers for payroll management services who can help in payrolling the employees which can reduce the stress and work of the organization or any company. The payroll outsourcing service providers make the work easier with their experience and skillful team which leads to run the organization very smoothl...
Post a Comment
Read more

How to Select a Staffing Company in India for Your Business?

The employees of an organization make or break its name; it is therefore extremely important for your company to hire the best employees to build its name. But it is a difficult task to select a suitable person for the right position. That is why many businesses now have to recruit their workers with the help of best Staffing Services Company in India. The Staffing Company carries out all recruitment procedures and staff processes in place of the company. Such companies are trained for executing temporary or contract form of staffing, which make the recruiting process for the organization simple and cost-effective. The organization’s development and progress can be accomplished with the help of a staffing agency in India. Hire the best candidates with the help of the best Temporary Staffing Company in India ! Why Choose a Staffing Company in India? Because of the high organizational attrition rate, a staffing agency is always required, and all the above-mention...
Post a Comment
Read more