Temp Staffing in delhi
Today, it is more important than ever to reduce expenses that do not serve the organization in the long run. So while maintaining a bench workforce was a competitive advantage that Indian tech companies had in the past, it does not seem suitable and just means added cost for the coming age. Employee mentality has changed dramatically in the past couple of years. More than stability, they want jobs where they can flourish and display their skills. If not satisfied, they do not hesitate to look for other options. These costs can be eliminated and yet organizations can still be prepared to handle large projects efficiently.
This is where the concept of temporary staffing agencies comes into the picture. These agencies have the ability to meet the needs of such organizations more efficiently. Thus, it makes more sense to rely on them than spend time and efforts on the whole temp staffing process.
What is temp staffing?
Temp staffing is the process of having a temporary staffing agencies employ manpower on a temporary or contractual basis rather than recruitment of employees for a permanent role. While the temporary employees are hired on a contractual basis, they continue to perform tasks that are also performed by permanent employees of that organization. Their payroll and other statutory compliances as well as HR benefits are taken care of by the temp staffing agency.
For organizations, it is better to outsource their staffing needs to such temporary staffing agencies, than handle recruitment on their own and incur frequent unavoidable administrative overheads of these temporary employees. It leaves them free to focus on their core strengths and determine ways to best meet their goals and objectives.
Why Temporary Staffing/Contract Staffing Services is best?
Temporary staffing companies are easily able to meet an organization’s staffing needs more than the organization’s ability to recruit employees on their own. The amount of time, efforts and cost that can be saved are tremendous. These staffing agencies are adept at managing employees with the required job description.
The organization does not have to worry about standard contractual procedures of recruiting employees as well as manage payroll and personnel administration management of temporary employees since everything is primarily managed by the temporary staffing agency. It also takes care of other important aspects such as registering employees under ESIC and EPF schemes.
Advantages of Temporary Staffing/Contract Staffing
Organizations can be assured of many benefits by tying with temporary staffing agencies:
- Eliminate administrative overheads to a great extent
- Employee contracts are flexible and more convenient for the organization to handle
- HR benefits of temporary employees are taken care of by the staffing agency.
Why Paysquare for Temporary Staffing/Contract Staffing Services?
Paysquare is a professional staffing services firm that has over 17 years of experience in the field of payroll domain. Companies can outsource their demands to us and we provide them with the required number of employees on our payroll. Our employment terms are quite flexible and can be customized as per the needs of the organization. We take up the entire ownership of handling all HR formalities so that you don’t have to. An added advantage is that with our HR benefits, temporary employees gain almost the same benefits as permanent employees. It has proven to be an attractive option for these employees as well.
Staffing service is defined as a service provided by an agency (staffing agency) wherein the staffing agency manages the employees hired by the client company and then deploys them to the client company. The client company does not have to go through the hassles of managing all the payroll and related HR benefits for these temporary employees.
Companies need to maintain optimal staffing levels depending upon the change in the number of projects they handle. For example, if there is a sudden demand for more employees to work on a project, then these temporary employees can be quickly supplemented to that project without wasting the time and efforts on recruitment.
This way staffing costs are reduced and current set of permanent employees need not be overworked to meet the demands of such projects. Also a long term view of the requirement of such resources may not be available, so it is best to hire them on contract terms.
It differs from company to company. A majority of these companies do not provide benefits to temporary employees. It is also a challenge for them since the tenure of temporary employees may not be fixed and also need to be downsized when in case of an economic downturn. Financial implications of such changes can be quite high. When the staffing company like Paysquare manages these temporary employees, the benefits are managed by Paysquare.
- The organization submits the requirement for number of employees to the temporary staffing agency
- The CTC break up is shared with the candidate and an offer letter is issued
- Onboarding process involves collecting document, checking for references and issuing an appointment letter
- Actual employment is initiated wherein payroll, statutory compliances and leaves are managed by the temporary staffing agency
- At the time of completion, the exit process is handled by the agency that involves handover of tasks, full and final calculations and finally providing the relieving letter.
This depends on the temporary staffing agency’s contract with the client. If the number of employees is high then the percentage can be slightly lower. This percentage varies according to the location and other factors such as employee seniority or skill set.