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Contract Staffing Proposal

The document discusses contract staffing, also known as contract recruitment. It involves individuals working for one company but being employed by a staffing company for a specified time period to complete a specific task. The document notes the growth of contract staffing/flexi-workforce in India. It outlines the advantages of contract staffing for both companies and staffing agencies. Finally, it provides examples of funding and projected revenue for a contract staffing business over three years.

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100% found this document useful (1 vote)
1K views14 pages

Contract Staffing Proposal

The document discusses contract staffing, also known as contract recruitment. It involves individuals working for one company but being employed by a staffing company for a specified time period to complete a specific task. The document notes the growth of contract staffing/flexi-workforce in India. It outlines the advantages of contract staffing for both companies and staffing agencies. Finally, it provides examples of funding and projected revenue for a contract staffing business over three years.

Uploaded by

kashmira
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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CONTRACT

STAFFING
-
The Next Big Thing
About Contract Staffing
 The term contract staffing (sometimes known
as contract recruitment) refers to an
employment arrangement, where an
individual works for one company, but is
actually an employee of a staffing company for
a specified period of time, to complete a
specific task, for a set pay rate.
Contract Staffing - INDIA
 Indian flexi-workforce rises to 3.3 mn in 2018 from 1.2 mn
in 2015: Report – Mint Newspaper (18th June 2019)
 Indian Staffing Market – 33000 Crore growing at 15-20%
Annually – Hindustan Times
 GST a big boon – Input tax credit benefit IKYA a leading
Staffing Firm made an addition of 43K people in the last
one year on current strength of 157K. – Economic Times
 Research shows that 68% of companies have hired
temporary staff in the last one year. – Kelly Services
 Huge inflows of projects of time frame (One Year) from US
and Europe to INDIA – Confirmation from our clients
Engineering Edge
 Recruitment & Contract Staffing highest for leading
companies in the various Sector – Infrastructure,
Construction, Energy, Oil & Gas, Power, Drilling,
Renewables, Nuclear, Rail, Auto, Mining,
Manufacturing, Auto & Auto components require
Design Engineers, Engineers across streams (Civil,
Mechanical, Electrical, and Instrumentation etc.),
HSE, Subsea & Pipeline, Drilling Professionals, Project
Engineers/Managers.
Contract Staffing Advantages
TO COMPANIES
 Need of manpower for Projects
 Allows companies to TRY OUT potential hires
 Market Volatility
 Getting talent from Unorganized Sector
 Grassroot level Staff
 On demand workforce
 Meet deadlines
 No need of managing bench strength
 Low Legal Risks
 Low costs and statutory compliances
 Focus on core team and business
 No hassle of recruitment
Contract Staffing Advantages
TO AGENCIES
 Huge Volumes. Market is 12-25 times that of
Permanent recruitment
 Very high demand for skilled manpower in technical
industries like Infrastructure Services and
Construction
 According to latest market survey India has capacity to
build 6 Unicorns in Contract Staffing Space
Contract Staffing – What we have
 PAN INDIA
 Domain Expertise
 Experience in Permanent Recruitment
 Network
 Edge in Business Development
 Connect with Contract Staffing Professionals
Funding - ROI
 Initial Investment – 28 Lakhs
 Working Capital – To fulfill the need gap between
salary payments and client transfer of the same.
 1st year – On Roll Candidates – 100
 Average Gross Revenue per month – 4 to 5 Lakhs
 Interest would be paid on Initial Investment from the
1st Month @ 6% Per Annum
2nd Year
 Contract Staffing – 100 Lakhs Per Year with 200
Candidates on Payroll
 Permanent Recruitment – 50 Lakhs Per Year with 100
candidates placed
 Total – 1.5 Crore
 Cost – 90 Lakhs which includes Rent, Salaries,
Subscription, Travelling, Marketing, Misc Expenses
 Profit – 60 lakhs
3rd Year
 Contract Staffing – 300 Lakhs Per Year with 600
Candidates on Payroll
 Permanent Recruitment – 150 Lakhs Per Year with 300
candidates placed
 Total – 4.5 Crore
 Cost – 1.8 Crore which includes Rent, Salaries,
Subscription, Travelling, Marketing, Misc Expenses
 Profit – 2.7 Crore
Our Challenges
 Finance – Set up, Working Capital
 TAT – Turn Around Time
 Statutory Compliances
 Relevant Documentation
 Background Verification
Allied Services
 HR Consulting and Advisory
 Permanent Recruitment
 Headhunting
 Executive Search
 HR Outsourcing
 Lead Generation Services
 Overseas Recruitment
Contact Us
Sandeep Sharma
+91 9819444006

Anuj Shah
+91 9769373037

Pratik Shetty
+91 9769492221
Thank You

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