INDIAN STAFFING FEDERATION
220,000 flexible jobs created in 2023-24: ISF report “The staffing industry also continued to demonstrate QoQ (quarter-on-quarter) growth of 2.3% in Q4 FY24, adding 30,000 new flexi employment opportunities. The market witnessed a significant improvement across most sectors," said Lohit Bhatia, presid...
11 Jul, 2024, 06.29 PM ISTBudget 2024 staffing industry's wish list: Tax breaks, skill development, and PF reforms The staffing and HR industry anticipates tax breaks and investment in skill development in the FY25 budget. They propose lowering the GST on employment services from 18% to 5% and easing EPF contribution rules for staffing companies. Emphasizing ski...
08 Jul, 2024, 04.41 PM ISTIndian officials visit Foxconn iPhone plant, question executives about hiring Indian labour officials inspected a Foxconn factory near Chennai, questioning executives about alleged discriminatory hiring practices against married women. This follows a Reuters report revealing that Foxconn systematically excludes married women ...
03 Jul, 2024, 03.21 PM IST- ADVERTISEMENT
Budget 2024: Skilling industry demands incentives, tax rebates and labour codes in meeting with FM Sitharaman Ahead of the Union Budget for 2024-25, the Union Minister of Finance and Corporate Affairs held the eighth Pre-Budget Consultation in New Delhi, focusing on employment and skill development. Key figures like Anshuman Magazine and Suchita Dutta empha...
26 Jun, 2024, 08.08 AM ISTMSMEs should build support fund for women to encourage their participation: Lohit Bhatia, Indian Staffing Federation MSMEs should work towards increasing female workforce participation by making structural changes to their ecosystem, says Lohit Bhatia, President, Indian Staffing Federation (ISF).
27 May, 2024, 09.58 AM ISTIndia needs lower tax on recruitment services to boost jobs, says industry body India's Indian Staffing Federation (ISF) has called for a reduction in the 18% tax on recruitment agencies providing outsourced staff to big companies. The ISF, which provided 1.6 million outsourced workers to companies last year, believes the new g...
23 May, 2024, 05.28 PM ISTTalent demand in EV segment drives in new roles and contract hiring The electric vehicle (EV) industry is booming, creating a demand for diverse skills and expertise. Opportunities span technical, leadership, and operational roles. Contract staffing is playing a crucial role in meeting the industry's needs, with a f...
20 May, 2024, 06.14 PM ISTChabahar Port development to help India expand trade routes; need to ensure necessary infra: GTRI India has signed a 10-year contract to operate the strategic Iranian port of Chabahar, which will help India enhance its logistical capabilities and expand its trade routes to Central Asia. The port, which is Iran's only ocean port, is strategically...
15 May, 2024, 11.16 AM ISTFlexi staffing industry grows 3.6 pc in December qtr FY24 : Report The Indian Staffing Federation reported a 3.6% industry growth in December quarter FY24, reaching Rs 1.34 lakh crore. Flexi workforce demand remained high, especially in sectors like e-commerce and manufacturing.
15 Apr, 2024, 04.27 PM ISTEmployers can log in to EPF portal to check on liabilities The Employees' Provident Fund Organisation (EPFO) in India has introduced automated solutions for damages and interest calculations to improve the ease of doing business for employers. This will enable employers to check their liability towards the ...
27 Dec, 2023, 11.56 PM ISTFlexi staffing industry posts 5.9% growth in new jobs during Q2FY24 The Indian Staffing Federation report showed that the rise in employment was particularly notable in key sectors such as ecommerce, retail, FMCG, logistics, manufacturing, hospitality, tourism, aviation, energy, etc.
20 Dec, 2023, 02.37 PM ISTFlexi Staffing Grows 5% in FY’23 to 4.74 Million: ISF ISF’s Flexi Employment Social Impact Annual Report 2023, released on Thursday, shows 84% of assignments last over three months while long-term assignments or job contracts exceeding 12 months witnessed an 8% year-on-year increase.
19 Oct, 2023, 07.41 PM ISTFlexi workforce grows 5.6 per cent in April-June quarter The employment of formal contract workers in India increased by 5.6% in the quarter ended June, according to a report by the Indian Staffing Federation. The total formal flexi workforce employed by ISF members reached 1.5 million as of June. The sta...
11 Sep, 2023, 12.33 AM ISTEmerging trends in IT staffing and flexi-roles The staffing industry is enabling the transition of flexi-roles from informal to formal employment in India, according to the Indian Staffing Federation's (ISF) annual report. The report stated that while cautious growth in certain sectors could hap...
19 Aug, 2023, 01.14 PM ISTFallout of Haryana violence: Young startups may explore other cities as unrest, rains pause work in Gurgaon The city has reported sporadic incidents of violence since Monday's clashes in the neighbouring Nuh district, resulting in a host of companies asking employees to work from home. "These incidents have the potential to disrupt the mindset of the inve...
03 Aug, 2023, 02.06 PM ISTFlexi-staffing industry registers 14% jump in new jobs in FY2023 However, the pace of addition of flexi workforce year-on-year slowed down when compared to 0.22 million flexi workers that were added in FY '22.
23 May, 2023, 08.20 PM ISTStaffing companies seek rollout of contract labour rules The Indian Staffing Federation (ISF) has requested that the labour ministry speed up the provisions regarding contract labour under the Code on Occupational Safety and Health and Working Conditions, 2020, to help remove informality in the workforce,...
08 May, 2023, 01.49 PM IST1.92 lakh new flexi-jobs being created in 2022 in formal employment sector: Indian Staffing Federation The Indian Staffing Federation (ISF) President Lohit Bhatia said, “We are happy to announce that Indian Staffing Federation member companies have contributed a substantial growth of 1.92 lakh new flexi jobs to India's formal employment sector.” The ...
22 Feb, 2023, 07.42 PM ISTIndian staffing industry adds 2.27 lakh contractual employees in FY22: Report The staffing industry added 12.6 lakh informal workers in 2021-22, driven by demand in industries like fast-moving consumer goods, e-commerce and manufacturing, according to a report.
17 Jul, 2022, 12.02 PM ISTIndian staffing industry adds 0.22 million workforce in 2021-22 According to ISF Annual Report 2021-22, the net new employment for general staffing grew 21% more with addition of 0.15 million new formal workforce while the rest was in IT and professional services.
12 Jul, 2022, 03.26 PM IST