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Indian Staffing Federation (ISF), the apex body for India’s fast-growing flexi-staffing space announces new leadership

Date: 2020-04-02 Author: Hindustan Times

Indian Staffing Federation (ISF), the apex body of India’s Flexi staffing space, today announced its new leadership team for 2020-2022. Lohit Bhatia, President Workforce Management, Quess Corp and Farhan Azmi, CMD, Futurz Staffing Pvt. Ltd. have been elected as the President & Vice-president and will be taking over from the outgoing President Rituparna Chakraborty, Co-founder & EVP, Teamlease and outgoing Vice-president, R P Yadav, CMD, Genius Consultants.

India is already the 5th largest market employing 3.3 million Flexi staff in 2020, growing at 22.7% CAGR despite 0.6% flexi staffing penetration which is much behind the global average of 2.3%. The staffing industry provides a platform for recognized employment, work choice, compensation, annual benefits and health benefits for the temporary workforce that constitutes almost 70% of India’s total workforce.

The new leadership and the board members were elected by 100+ members of ISF. The 10 members elected to the board are: Bhavna Udernani, MD, Adhaan Solutions; Mehul Shah, MD, Collabera Technologies; Munish Kumar, CEO, Firstmeridian Group; Narayan Shukdeo Bhargava, Director, Calibehr Business Support Services; Paul Dupuis, CEO & MD, Randstad India; R P Yadav, Chairman & MD, Genius Consultants; Rituparna Chakraborty, Co-founder & EVP, Teamlease Services; Sameer Mehta, CEO & MD, Multiplier Brand Solutions; Pramod Pachisia, COO, 2 Coms Consulting & Somnath Banerjee, Director, Orion Corporate Alliance.

Commenting on his election as the President of Indian Staffing Federation, Lohit Bhatia, said, “the current positive regulatory environment has accelerated India’s shift from an informal to formal economy. Catapulting the Flexi-staffing space as a major driver of the Indian economy and key to solving the growing challenge of employment and employability. It is an honour to spearhead ISF at this juncture. Would like to profusely thank the outgoing team for the excellent foundation they have laid placing ISF at the forefront of this transformation. Look forward to closely working with the newly constituted board to ensure the momentum is sustained over the next 2 years.”

In her comments, Rituparna Chakraborty, Board Member & (Former President), ISF said, “in under 9 years have had the pleasure of helming ISF’s exponential growth into India’s apex body for the Flexi staffing space with 100+ members who between them employ 1 million flexi staff. Over the past decade, we have provided a stepping stone to a better and brighter career for over 9 million youth. And enabled an eco-system that actively supports the growth and expansion of corporate India through flexibility, administrative efficiency and flawless compliance. Extend my full-fledged co-operation to the new team in their endeavour to take ISF to its next level of growth.”

Sharing his thought, Farhan Azmi, Vice-president, ISF, said, “we would focus on furthering the awareness of Flexi staffing among the masses and stronger partnership with the government to ensure the industry has its support in regulatory/policy aspects to ensure its meteoric growth continues unabated in the years ahead.”

R P Yadav, Board Member & (Former Vice-President), added, “The new team takes charge at a really exciting time in our industry’s evolution. All the parameters are set for the industry to be propelled into the next orbit and we are sure the new team enjoys piloting ISF in this growth phase. Offer my unstinted support to the new team.”

About Indian Staffing Federation

Indian Staffing Federation is the apex body representing Flexi staffing companies, formed to provide a platform for recognized employment, work choice, even compensation, social security and health benefits for the temporary workforce; that constitutes a sizeable segment of India’s total workforce. Over 100+ members of the federation have generated employment for over 9 million employees over the last 10 years and currently employ over 1 million Flexi staff annually.

The principal focus of the Federation’s activities shall be to strengthen triangular employment relationships, in which the staffing company is the employer of the temporary worker, who works under the supervision of the user company. The purpose of ISF is to enhance the long-term growth of the staffing industry and to ensure its continued ability to make positive contributions to the economy and society.

(As originally appeared in Hindustan Times – https://www.hindustantimes.com/brand-post/indian-staffing-federation-isf-the-apex-body-for-india-s-fast-growing-flexi-staffing-space-announces-new-leadership/story-D2te1quZwCs0VdcrPul4mN.html)

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