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Reversing the trend seen in the past three quarters, flexi-staffing in India registered a sequential growth in new hiring of a mere 0.8 per cent in Q3FY23, the lowest in 10 quarters, said a report released on Friday by the Indian Staffing Federation (ISF). Hiring activity was -7 per cent in Q1FY21.
The report titled 'Flexi Staffing Industry Staffing Employment Report' looks at the hiring trends in jobs involving short-term contracts for specific tasks. Flexi-staffing grew 6 per cent in the September quarter.
The ISF, which represents firms engaged in formal staffing, facility management and security service companies reported the
