A focus on diversity shows positive results in the workforce; 25% Increase in Temporary Jobs for Women, Spectrum Talent Management Report Highlights

Spectrum Talent Management, a one-stop solution for global and local human talent management, recently released a report highlighting the positive inclination companies have towards hiring women for temporary roles. Approximately 20% of women are hired for temporary positions and this percentage is expected to increase significantly given the increase in hiring demand during the holiday season, which is approximately 50% higher than last year .

As gender diversity becomes a key objective for companies in India, they are striving to be more inclusive and establishing clear mandates for hiring women, starting with temporary positions. Candidates are more attracted to technology, administration and support functions. The report also highlights that approximately 50% of companies in Tier I and Tier II cities are open to hiring women for contract or temporary roles.

The report further states that healthcare, technology, edtech and BFSI are the top sectors hiring women in contract positions. Healthcare leading the demand at 32%, followed by Technology at 29% and Edtech and BFSI at 18% and 21% respectively. With regard to the difference in remuneration between temporary and permanent employment, there is a difference of approximately 30% in favor of contract labor to compensate for the factor of job stability which prevails in full-time positions.

With a 50/50 mix of nearly 90%, entry-level and mid-level positions make up the majority of today’s contract workforce. Higher-level terms are often closed as full-time positions.

Mr. Sidharth Agarwal, Director of Spectrum Talent Management, said: “Women in India are leaving the corporate world in large numbers for various reasons including raising children, caring for aging parents, etc. They are frequently rejected by recruiters who disapprove of their gap years if they wish to return to work. With Indian companies now paying attention to diversity in the workplace, they have opened up many opportunities for female employees through temporary roles. For employers, temporary work has created solid access to a pool of talent, just waiting to be tapped.”

It has long been recognized that having more women in the workplace is beneficial, particularly insofar as it promotes innovation and financial performance. Increasing the hiring of women in temporary positions is therefore a credible building block for achieving diversity in the workplace.

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