Gig worker demand surges 15-20% YoY; e-commerce, logistics likely to see highest jump of 30-35%
festive season is sparking a burst of temporary hiring, with 600,000-700,000 jobs likely to be created across industries. Demand for temporary staff is surging 15-20% year-on-year, fuelled by an anticipated increase in consumer spending, resurgence in the rural economy amid prospects of a good harvest and a buoyant stock market, said staffing firms including Quess, Randstad, Adecco, CIEL HR Services and TeamLease Services.
Ecommerce and logistics are likely to see the highest jump of 30-35% in temporary hiring, though demand is also strong from the consumer, banking, financial services and insurance (BFSI), retail and hospitality sectors, the firms said.
“We are still in the early stages but there’s already been a considerable rise in festive demand. We are expecting to see some 600,000- 700,000 temp jobs being created across sectors this year,” said Lohit Bhatia, president, workforce management, Quess Corp.
People held back on spending in the harsh summers and during the long election process, but they are expected to loosen their purse strings during the festive period, said Bhatia, who is also the president of Indian Staffing Federation.
“Consumer durables/goods companies will put out new products, new schemes; banks/NBFCs (nonbanking finance companies) will push loans, credit cards; luxury consumption will go up, as will ecommerce sales. All these require many more hands onboard during the festive period,” he said.
The festive season — starting with Raksha Bandhan (August 19) and Onam, followed by Ganesh
