HR Outsourcing - An Essential Formulation
Outsourcing HR functions is an ...
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Posted on August 22, 2020
by People2Pay
Since the novel coronavirus got the official status of the pandemic, it has officially swept the “old normal” of the equation. As the situation is still evolving and many parts of the world are going on and off in lockdown, experts are still learning its impacts. We know about the virus and its effects on various sectors that may sound right today, but two or three months down the line, they may not hold the base. People are losing jobs, and temporary or contract staffing has seen a significant hit. The changes in Temp Staffing Industry will have long term effects.
Millions of temp staffing for Construction Industry and other sectors have lost jobs in the last few months. They were forced to go back to their native states as they started to exhaust their savings quickly without any reliable source of income to put everything in sync. Those who hold good positions in the respective companies still have their jobs, but the situation for industrial temporary staffing is struggling to get back to work. While temporary staffing companies in India have recorded all-time low demand, there is a possibility that it will get back on its feet sooner than later.
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