The CFO of an FMCG company approached US recruitment firm Kelly Services recently, wanting to resign and take up consulting or shortterm assignments. Since then, he’s worked on various projects with companies of his choice, earned well and travelled extensively in between jobs. When Kelly reached out to him for a permanent job, he refused, saying he prefers gigs for their flexibility and exposure.
While the gig economy in India isn’t regulated, skilled candidates stand to make good money. HR solutions provider PeopleStrong took on a senior professional to design its performance system for a five-month project. The candidate works 10 days a month and gets paid Rs 3 lakh monthly. Randstad said digital marketing specialists with five-plus years of experience can command $35-$100 an hour.
Randstad said digital marketing specialists with five-plus years of experience can command $35-$100 an hour. “For UI designers with 8-10 years of experience, this can go up to as much as Rs 8 lakh a month, working for two corporations simultaneously,” said Pankaj Bansal, CEO of PeopleStrong.
He and others agreed that India first needs to witness structural reform.
“With the gig economy becoming a reality, the future would witness a change in the way organisations would hire and manage their talent. Organisations need to reshape their talent strategy to accommodate the needs of this new category of workforce. They must rework payroll systems, recruitment strategy and overall people strategy,” said Bansal.
This article was published on EconomicTimes
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