Flexi hiring in IT poised for double digit growth in next 4 years: study


New Delhi: The slowdown in tenured jobs notwithstanding, flexi staffing in information technology (IT) is poised to grow in double digits in the next four years, Indian Staffing Federation (ISF), a grouping of top staffing companies in India, said in a report Tuesday. This growth will be driven by sectors like information technology, banking and retail. Flexi hiring refers to temporary jobs. The IT flexi staffing market in India, worth $3.04 billion in 2016-17, is expected to grow 14-16% annually to become a $5.3 billion industry by 2021, the ISF report said. Companies like TeamLease Services, Manpower, Kelly Services, People Strong and Adecco India are part of ISF.