Streamline Your Business With Shorewise Consulting's Dynamic Staffing Solutions.
ShoreWise is a global company with presence in more than 13 countries. We specialize in providing business solutions via consulting, managed services and staffing. We have the capability to source niche skills as required by our clients in multiple domains. Our expansive reach, combined with deep local knowledge and an unwavering commitment to continuous support, enables us to match the best candidates across diverse office, industrial, and service sector roles. By harnessing our consulting expertise, you gain access to a pool of top-tier professionals equipped with the respective experience and talent to create a complex business solution.
We have some exciting news to share regarding the latest developments in the flexi staffing industry in India. According to the Indian Staffing Federation's annual report, the flexi staffing industry witnessed a significant 14% jump in the 2022-23 fiscal year, with the addition of 0.17 million flexi workers. This brings the total flexi workforce to 1.44 million, compared to 1.26 million in the previous year. Let's dive into the details:
Accelerating Growth: Flexi Staffing Industry Surges Ahead
The flexi staffing industry in India continues to experience impressive growth, with a notable 14% increase in the number of flexi workers during the 2022-23 fiscal year. This surge has expanded the overall flexi workforce to an impressive 1.44 million, signifying the industry's robust upward trajectory.
Slowed Year-on-Year Growth: Examining the Trends
While the growth is commendable, it's worth noting that the pace of flexi workforce addition has slightly slowed down compared to the previous year. In FY '22, 0.22 million flexi workers were added, indicating a year-on-year decline in the rate of growth.
Empowering Women: A Significant Contribution
The annual report also highlights the continued participation of women in the flexi workforce, accounting for 24% in FY '2023. This showcases the importance of gender diversity and the role women play in driving success within the flexi staffing industry.
Combined Contributions: General Flexi Staffing and IT Flexi Staffing
The new flexi jobs added in the previous financial year encompass both the general flexi staffing and IT flexi staffing industries. This demonstrates the diverse range of opportunities available within the flexi staffing sector.
General Flexi Staffing Growth: A Positive Trend
General flexi staffing experienced a growth rate of 15.3%, with the addition of 0.14 million new jobs. This highlights the increasing demand for flexi workers across various sectors and reflects the adaptability and agility of the general flexi staffing industry.
IT Flexi Staffing: Addressing Global Trends
The IT flexi staffing segment, on the other hand, registered a decline of 7.7% in new flexi jobs year-on-year. This can be attributed to the global slowdown in IT hiring and the ongoing process of employment right-sizing across markets. Despite the dip, the industry remains resilient and adaptive to changing circumstances.
At ShoreWise Consulting, we are proud to be part of an industry that continues to drive economic growth and offer flexible employment opportunities. We will continue to monitor the trends and adapt our strategies to ensure we provide the best solutions to our clients and candidates. :(4) ShoreWise Consulting: Company Page Admin | LinkedIn
Contact us :- https://shorewiseconsulting.com/
