Benefits of Contractual Staffing Solutions
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.
The industry provides a platform for recognized employment, work choice, compensation, annual benefits and health benefits for the temporary workforce that constitutes almost 90 per cent of India’s total workforce. With time, the concept of contract staffing solutions is expanding in the country, and Indian corporates have not only realized this but are all set to leverage the power of the same. To understand the current context of how temporary staffing is managed within India, you can refer to our resources section on this topic
Benefits to Employers
Limited Hiring risks
Ability to hire employees temporarily to evaluate performance before providing them with full-time employment opportunities. This allows you flexibility to hire when needed without a long-term commitment from your end
Flexibility
You can hire skilled personnel for specific project work without worrying about what to do post-completion of the project. This allows companies to hire the best personnel for a small period to get the most value.
Quality of Employee
Researchers from the Bureau of Labor Statistics have revealed that contractual hires are more qualified than others and are more exposed to a diverse range of technologies and business settings. Contractual employees often come up with excellent ideas that can be further implemented to augment the business.
Better Financial Performance
Research conducted by Lehigh University and the University of Oklahoma has shown that companies opting to hire contractual talent turn out to be more financially sound than their peers who choose not to do so. Companies that opt for contractual staffing solutions tend to perform better economically. The Companies are free to focus their energies on other areas that will provide them with business growth than worrying about managing their workforce
Faster Hiring
Staffing Solutions organizations allow you to hire people at a faster pace as they are involved in hiring for multiple organizations so their ability to scale up hiring pace is hard to match for internal teams.
If you think that temporary or contractual staffing is an option that needs to be explored, feel free to connect with us to see how we can be of assistance to you.
We at Knighthood have been working with over 100+ organizations for over 5 years. We focus on ensuring high service levels at affordable prices. You can read more about why our customers choose to work with us.