Temporary staffing to soar in India: US firm

Vadodara: Temporary staffing is fast emerging as a key hiring strategy for Indian companies and the segment is poised for strong growth over the next five years, an industry official has said.

“Temporary staffing is fast emerging as a key hiring strategy for Indian companies. The Government should give proper recognition to the staffing industry,” said Mehul Shah, Managing Director and Head of Professional Services (India and the Asia-Pacific) of Collabera.

[caption id=“attachment_495068” align=“alignleft” width=“380”]  At present, the IT staffing industry is a Rs 1,200-crore market and it will expand rapidly over the next five years[/caption]

The US-based Collabera offers temporary staffing solutions for IT/ITeS firms. Collabera has opened an office in Vadodara for carrying out its Indian operations and employs about 1,000 persons here.

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At present, the IT staffing industry is a Rs 1,200-crore market and it will expand rapidly over the next five years, Shah told press persons here yesterday.

Shah, whose firm is a member of the Indian Staffing Federation (IFS), said the staffing industry is growing at 35-45 per cent despite the economic downturn in India.

The industry provides a platform for recognised employment, work choice, compensation, annual benefits and health benefits for the temporary workforce that constitutes almost 90 per cent of India’s total workforce, he said.

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Shah said he will soon make a request to Finance Minister P Chidambaram to exempt the staffing industry from paying service tax.

PTI