PF/ESIC challenges, clarity on TDS and Service Tax, Minimum Wages & Bonus Act, clarity on Industrial Disputes Act's applicability for IT employees etc. are few priority areas to name a few. Reforms are critical, but it should primarily protect the interest of the workers while simultaneously demarcating the responsibilities that staffing companies and their clients have towards the flexi workers. This will indeed trigger the much awaited change in the staffing industry.

Aligning with the Government’s vision and efforts, staffing plays a pivotal role in building the nation through job creation, thereby enabling inclusive growth for all. Every year, with more than a million graduates coming out of colleges and with very limited permanent jobs being created in the country, it is crucial to utilize the available talent more effectively. Staffing can supply just-in-time, ready to use talent with the specific skill sets on a short notice, thus helping organizations with the flexibility to concentrate on their core business priorities.

Also, with the Government’s objective to create almost 80 million jobs by 2020, the role of staffing would become all the more prominent in the country since it could be the facilitator to achieve this ambitious goal, spearheading the workforce transition into the formal sector.

We are moving into a highly volatile, technology enabled, and digitized future where the fundamental concepts of work are being radically redefined. Today, it is not just about finding a job or even a great career for that matter; it is all about being able to do what one wants to do in an open, nurturing environment conducive to personal growth. While permanent jobs do offer financial and job security besides a great deal of job satisfaction, contractual jobs can provide vast opportunities to prove yourself and can open doors to something you did not even imagine you were capable of.

Although contractual jobs have a short duration, the candidate population understands that it might actually benefit their career in many ways by giving them much wanted advantages and benefits like job flexibility and freedom to explore different industries, increased earning potential, a well- enhanced resume etc.  

Other benefits that a contractual worker can look forward to are the following:

• Eliminate long gaps in between jobs in their resume
• Build a good professional network
• Acquire new skills and sharpen existing ones
• An initial practical experience that is mandatory for any resume

And yes, contractual workers certainly qualify well for a better compensation in subsequent engagements with other employers as the golden rule of industry experience comes into consideration under all circumstances.