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India has the potential to become the largest staffing industry in the world

Global Staffing Industry has estimated India as the one of largest markets and also says that the country has the potential to become the largest staffing industry in the world given the support from Indian govt. in ratifying certain labor laws or regulations and with the demographic edge that the country has over China in the long run. Global experience in the staffing industry emphasizes on flexi staffing which provides flexible solutions and is advantageous to both employee and the employer.

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Global Temporary Staffing Industry Size and Agency Revenue [Infographic]

The International Staffing Industry has been growing considerably over the last few years. The 2012 economic report by CIETT (International Confederation of Private Employment Agencies) which was prepared based on data from 43 countries says that the global staffing industry size has reached 10.4 million in the end of 2010. The report omits data from some countries where temp staffing is not legally recognized, the ones who don’t share the data and the countries for which the data was not available. Two major economies in the world China and India were not covered in the CIETT studies.

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State Of Flexi Staffing Industry in India [Infographic]

Temporary Staffing or Contract Staffing is a process where companies hire professionals as per the requirements, for a particular period of time. Flexi staffing is often called “contract staffing”, “temping” or “temporary staffing”.

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Embracing Human Resource Outsourcing

Outsourcing of HR administration is no more considered only by Fortune 100 global firms. It is not open even to midsize organization and is being fast embraced by them. Today many HR specialists like TalentPro are catering to mid-size companies with 5,000-10,000 employees as the benefits of outsourcing become more evident, as more and more organization are outsourcing all or part of their HR functions.

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Benefits of Outsourcing Payroll to a Third Party Payroll provider

Payroll processing is a task that is complicated and consumes a lot of time, especially for small business where in there isn’t any dedicated person recruited to manage the organization’s payroll. Large companies may have multiple people dedicated to taking care of payroll processing, but small to medium-size companies may find it more efficient and cost effective to use an outside payroll processing company.

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Five Steps to Finding Seasonal Employees

As every holiday surges closer, are your going through those sudden doses of stress and reward. Amidst all the excitement and tiring hours at retail stalls, the next big stress element is to worry about staff and having enough of them.

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Payroll Processing Technologies from TalentPro

Payroll processing technologies from TalentPro have always been well ahead of times. Their design and delivery empower managers, payroll administrators and employees to accomplish more on a daily basis.

Payroll processing is a simple process of calculating the net salary from the gross income and deductibles. This gets complicated when it involves many thousands of records.

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Payroll 101: Things You Must Know - 2

This is a series of blog posts that will address the most important points related to managing payroll. The second in this series will focus on “Understanding Payroll Management in India – Points to consider” The last 20 points from the law post.

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Statutory Compliances in HR – A Detailed List

The present day legal climate is one of uncertainty and confusion. In most cases, a law comes to light only after its contravention, resulting in severe penalties. Compliance Management is a must in keeping you away from the long arm of the law!

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Payroll 101: Things You Must Know - 3

This is a series of blog posts that will address the most important points related to managing payroll. The third in this series will focus on “Some intricacies of building a payroll system” – Points to consider”

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