slide 1: How to Know If Your Business is in
Need of Temporary Staffing
Temporary staffing is becoming more and more mainstream across the globe. It has also started
gaining large-scale acceptance in India over the past decade. Temporary staffing simply means
hiring an employee for a fixed short-term duration or on a project basis instead of recruiting
them permanently.
A temporary worker works with the end employer but is on the payroll of a temporary staffing
company who pay this worker their salary and benefits. Thus the arrangement is in the form of
a tripartite agreement between the employer the employee and the staffing company.
A temporary worker understands that the tenure is fixed and only for a short-term and can only
be extended if it’s mutually convenient to do so. In many cases however temporary workers do
end up becoming permanent employees if the employers value their skills.
Temporary staffing in India was initially restricted only to the entry-level workforce and was
mostly disorganised. Over time however both the companies’ requirements and employees’
work preferences have undergone a phase shift. As a result temporary staffing is now common
across all levels of the organisation especially in sectors like IT BFSI healthcare and
pharmaceuticals.
Are you in Need of Temporary Staffing
As an employer it’s not always easy to know if hiring temporary staff is the optimal solution for
you. Here are some reasons companies hire temporary staff. If you find any of these reasons
familiar you may be in need of a temporary staffing solution.
www.paysquare.com
slide 2: Increased Seasonal Business
Some businesses tend to spike during particular seasons. For example order volumes in
e-commerce companies during Diwali and customer traffic in retail outlets and restaurants
during Christmas and New year.
Businesses with seasonal demand spikes often need to increase their staff very quickly to meet
the sharp rise in demand. Moreover this hiring is mostly temporary in nature and the job only
lasts during the peak season. This is the time when a temp staffing agency can help the
business manage its increased workload.
Ascending Statutory Compliance Requirements
When your HR department is overstretched or ill-equipped to handle payroll for many staff
outsourcing it to a temporary staffing agency would be a good idea.
A major advantage of outsourcing payroll of the temporary staff is that the temporary staffing
agency is an expert at handling payroll. They administer employee benefit plans and maintain
all the statutory data that is needed by the government authorities.
Top-notch temp staffing companies such as Paysquare offer both standard benefits as well
client specific benefits to the employees.
Standard Benefits Include:
● C T C including different components of earnings/ deductions such as PF/ESIC
● Group Personal Accident Insurance Benefit
Benefits to ensure parity with clients permanent staff include:
● Leave Policy
● Retiral benefits Policy
● Reimbursements and Claims policy
Niche Skills Needed for a Project
In the recent volatile times of the market you may find yourself working on a project which
requires certain specialized skills particularly in the IT domain eg. graphics designing
coding etc . In such cases hiring a temporary employee is a good idea. This is especially true
if the deadline for delivering the project is close or if the skill is one that you won’t require once
the project is over.
Temporary staffing services offer clients the possibility to hire people with the necessary skills
without having to take care of any of their HR formalities like joining formalities benefits
administration payroll leave management etc.
Support for Re-skilling Existing Employees
This happens when companies undertake major shifts for instance a digital transformation. In
such a scenario existing employees need to be re-skilled in the new workflows and
technologies.
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slide 3: It is important for the company to have the right temporary staff usually skilled IT workers who
can train their existing employees and handle these new technologies simultaneously without a
hitch in the core operations.
In such scenarios too temp staffing agencies can handle all the benefits and administration of
the employees and give them benefits on par with the permanent employees making it attractive
to join on a temporary term
Fast Expansion
When companies are budding and expanding quicklyfor example recently funded startups
they may not have the necessary expertise to handle statutory compliances and payroll
processing . This includes the HR formalities when employees are hired and fired. As these
companies grow quickly it becomes difficult to have the right HR infrastructure in place on time.
In such circumstances a temporary staffing agency helps by undertaking all the regulatory and
compliance burden.
Act Now and Maximise Your Business Potential
If any or all of these situations seem familiar to your business then there is a good chance you
are in need of temporary staffing .
If youre looking for a renowned Indian company that provides temporary staffing across
domains like BFSI consumer durables retail telecom chemical manufacturing e-Commerce
and healthcare sectors you can partner with Paysquare a Pune-based service provider.
They take care of the entire burden of your temporary staff from joining formalities to
onboarding to regular payroll and exit from the company. By outsourcing your staffing to
Paysquare you are free to focus on your core business without any distractions.
www.paysquare.com