PREPARE FOR THE NEW

PERMANENT TEMP
BY- Michael Schrage

GROUP 2
SUBMITTED BY:
Aishwarya K S
Aiswarya lekshmi
Devika A V
Vandana Sarma
● Temporary and part-time employment - fastest segment in America’s job market.

● UK has also set records in contingently employed.

● Companies want greater flexibility with fewer people.

○ They develop those core 20-25% of people who generate about 70-80% of

enterprise value.

● To ensure faster and cheaper contingent participation - workflows and innovation

strategies have been carefully recognised.

● Technology helps in reviewing and revising jobs as well as job descriptions.

● Roles, rules and requirements for a certain job has changed drastically over the last

decade.

● Global restructuring of markets makes part-time jobs more attractive.

● Hiring full time employees is now considered riskier and lee rewarding.
● Some of the jobs offered does not even require a degree

● Companies are not hiring employees, they are hiring value creation

● Technology makes part-time job market more efficient

○ Services like Gigwalk and LinkedIn help the temps to find and manage job

● Maximizing the value for part-time employment is a challenging task.

● For the gainfully underemployed everyday is BYOD in their technologies are

becoming their toolkits.

● Rise of part time jobs means the absence of full-time commitment.

● Growing number of employers are increasingly committed to not being committed.

 Pros for hiring temp :
There are many reasons why to hire a temp instead of full or part time workers. Here are
some pros:

● Enables your business to adjust more easily and quickly to workload fluctuations.
● Maintains staffing flexibility.
● Evaluate a workers without commitment.
● Can save time and money.
● Leads a long-term relationship with staffing angry.
Cons for hiring temp:

● Training becomes a recurring activity.

● Morale issues.

● Safety issues.

● Legal concerns.