Temp Staffing in Mysore
Hiring new employees is a lengthy process and if definitely hurts the organization if there is an immediate. Certain projects need a higher number of employees, for which organizations need to have that number in advance. A last minute scurry may lead to losing out on that project. Thus, most Indian organizations have to keep their ‘bench’ sufficiently staffed for exactly such situations.
However, today they can rely on temporary staffing agencies to meet their needs and hire employees on a temporary basis.
What is temp staffing?
Temporary staffing agencies provide employees to organizations on a temporary basis or on a contractual basis. These employees are under the payroll of the agency but for all intents and purpose have the set of responsibilities as permanent employees. It also helps that these organizations do not have to worry about statutory compliances for temporary employees.
Once the burden of these important yet time consuming activities is taken care of by the staffing agencies, organizations are able to tackle the more important issues as and when they come. After all, it is better to focus on leveraging your strengths and expertise than fumble with activities that drain your resources.
Why Temporary Staffing/Contract Staffing Services is best?
Temporary staffing agencies not only cover the workforce needs, they are adept at providing employees that are most suited for the organization. If certain projects are behind time and need additional manpower then it is recommended to get temporary employees rather than spend excessive amount of efforts, time and cost on recruiting employees for a more permanent role. Plus, it is not a cumbersome process.
Temporary staffing company can easily manage all the standard contractual procedures as well as take care of the payroll and personnel administration management of employees. All the other responsibilities such as registering employees under ESIC and EPF schemes are also included so that’s one less challenge for the organization.
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.
Advantages of Temporary Staffing/Contract Staffing
There are many benefits of leveraging temporary staffing solutions such as:
- Employee benefits are provided by the staffing agency as opposed to the organization.
- Contracts are flexible so no long term commitmen
- Eliminate administrative overheads
Staffing service is defined as a service provided by an agency (staffing agency) wherein the agency hires its own employees and then deploys them to companies that require employees on a temporary or contractual basis. The client company does not have to go through the hassles of recruitment.
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.
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.
Thus, the ownership is taken by the staffing agency but is mostly limited to health care and other minor benefits.
- 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.
Depending upon the temporary staffing agency’s contract with the client, the agency takes 10% to 50% of fees per employee. 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.