Project Report For Manpower recruitment
Project report for Manpower recruitment is as follows.
The Indian IT Flexi staffing market is predicted to develop at a rate of 14 to 20 per cent per year over the next few years as the information technology sector evolves rapidly. It is estimated that India’s IT Flexi staffing market was worth USD 3.04 billion in 2017-2018 and is likely to develop significantly till 2021 throughout the significant states and industries of the country. Staffing, a well-known kind of outsourcing worldwide, is yet to be accepted in India as an effective way to manage a company.
Temporary workers in India have access to a variety of perks through the staffing business, including recognised employment, job choice, salary, and yearly benefits and health benefits. It’s estimated that 5.6 per cent of India’s overall IT employment is made up of freelancers.
Market potential & Strategy
As per the Indian IT Staffing Industry Landscape analysis, the Indian IT Flexi staffing market was valued at $3.04 billion in fiscal 2017. As per the Indian Staffing Federation (ISF), it was put together by KPMG on their behalf and provided a snapshot of the IT staffing market in India. Staffing, a well-known kind of outsourcing worldwide, is yet to be accepted in India as an effective way to manage a company.
IT staffing is India’s largest source of flexible employment. With the entry of new technologies such as artificial intelligence, machine learning, cloud, analytics, and the Internet of Things, the IT sector is likewise poised for enormous disruption. The two most important elements driving an increase in IT Flexi staffing are the need for specific skill sets in new technologies and the ability to satisfy immediate business needs.
To effectively compete in the market, we need to hire more skilled employees to promote the company. With the rapidly changing demands of the IT business, the company had a crystal-clear idea of the new personnel model it wanted to implement. Furthermore, the management’s abilities and clear vision will aid the company in expanding its horizons.
Create 100% Bankable Project Report