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Coronavirus impact: Staffing body seeks job security for 33-lakh temporary workers

Date:

  • 2020-04-16

Published By:

  • Economic Times

Bengaluru: The Indian Staffing Federation has urged the labour and finance ministries to take immediate steps to protect the livelihood of 3.3 million temporary workers. The appeal comes at a time when various companies are looking at layoffs.

At least, four companies told ET that they were thinking of reducing their temporary staff by 40-60% this month to rein in costs amid uncertainty due to the Covid-19 pandemic. These numbers are even higher in the insurance, retail and hospitality ..

To provide incentives to firms keeping temp workers on their rolls, ISF has asked the ministry to slash provident fund contributions for both employers and employees by half to 6%, not raise minimum wages for the next 12 months and rejig the GST slab for the employment services industry from 18% to 5%, among other suggestions.

“The…lockdown has made several industries, who are principal employers, unable to put these employees to productive work,” said Lohit Bhatia, president of ISF.

Read more at:
https://economictimes.indiatimes.com/jobs/staffing-body-seeks-job-security-for-33-lakh-temporary-workers/articleshow/75166879.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

(As originally appeared in Economic Times – https://economictimes.indiatimes.com/jobs/staffing-body-seeks-job-security-for-33-lakh-temporary-workers/articleshow/75166879.cms)

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Mr. Lohit Bhatia

President, Indian Staffing Federation

Lohit has over 23 years of corporate experience post his education, at The Army Public School, New Delhi. He specialized in Computer science at school and followed on to graduate with Economics Honors from Delhi University. After graduating from DU, Lohit completed his MBA from The Apeejay School of Marketing in 2007. Post his education he has worked over 10+ years in the manufacturing industry ( Textiles and Auto Components). Here he was instrumental in establishing and leading one of India’s largest Auto component export unit at the Noida Special Economic Zone. Moving on after the 11 years of manufacturing experience, he has worked in the Service Sector for the last 13 years. Starting with the Search and Recruitment Industry, he was later appointed by Quess Corp Ltd, ( erstwhile Ikya Human Capital Solutions Pvt ltd in 2010 ) , as GM ( North & East – Staffing Solutions ). During the past 10 years he has grown the Staffing business over 20x in HC and revenue terms from a base of nearly 12500 back then to over 250K currently. Today, Lohit is President ( workforce management ) and heads Staffing in India and APAC region, servicing over 1500 clients, with 270K+ associates. During this period of 10 years Ikya went on to become Quess Corp Ltd , raised funds from long term investor Fairfax financial Canada and went on to become one off India’s largest IPO in 2016 Today Quess Corp Ltd is India’s Largest Private Sector employer with 385,000 employees. Lohit has been part of all key leadership decision making as well as coordination with various Corporate bodies representing the company with CII , FICCI , Niti Aayog , and various ministries in his capacity as both representing of largest Private sector employer and based at Gurgaon , Delhi NCR.