Flexi-staffing industry has avoided Omicron fears and developed by 21.5 percent in the third quarter of FY2022 contrasted with the year-prior period, a report by the Indian Staffing Federation (ISF) said.
The IT and ITeS, internet business, retail, logistics, and hospitals were among the top recruiting areas in Q3 FY22, the report said. Flexi-staffing alludes to the temporary hiring of workers for a proper period or until the completion of a project
The ISF staffing individuals’ net headcount grew at 21.5 percent YoY, showing the consistent demand for work across different sectors despite the third pandemic wave, the report said.
The ISF individuals gave work to 40,000 new jobseekers QoQ (quarter on quarter) while giving conventional work to 2.11 lakh new jobseekers YoY, despite the pandemic linked challenges throughout the last four quarters, from January to December 2021.
“ISF member companies today represent 1.19 million flexi staffing workforce in India…ISF members continued to provide employment to 2.11 lakh fresh jobseekers YoY, withstanding challenges from the second wave and the beginning of the Omicron wave, bringing more and more people into the formal employment space.”, Lohit Bhatia, President, Indian Staffing Federation said.
“Continuing with a consistent 21-23% YoY growth for staffing industry is by far the best year witnessed, even compared to pre-pandemic.”, Suchita Dutta, Executive Director, Indian Staffing Federation said. The Indian flexi staffing sector has been the largest employment mobilisers in India before the pre-pandemic era to the dynamic current period.