Business Daily from THE HINDU group of publications Wednesday, Apr 02, 2008 ePaper | Mobile/PDA Version |
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Info-Tech
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Human Resources Sharp rise in temp jobs, wages; qualification scores Our Bureau Bangalore, April 1 Temp and perm salaries across the country are seen to be converging with the convergence sharpest for 0-1 years and 1-3 years experience categories. According to the fourth annual Temp Salaries Primer Report compiled by staffing solutions company, TeamLease Services, Bangalore, Mumbai, Kolkota and Delhi pay the best salaries in temping, with Bangalore paying the most in IT and HR, Mumbai in engineering and Delhi in sales. The best wage hikes are offered by Ahmedabad, Bangalore, Mumbai and Delhi. Kochi, Chennai, Indore and Coimbatore do not fare well on both counts: existing temp salaries and wage hikes. Qualification, rather than experience is the key differentiator in determining wage hikes for temps this year. The report also says that the year has seen a sharp increase in temp jobs in blue collar vertical and in the retail sector. The study reports salary trends and data for temporary staff working across more than 200 profiles, in 10 industry domains and across 12 locations. Mr Rajesh A R, Vice-President, Temporary Staffing, TeamLease Services said that 2008 will be a year in which policy will align with private sector to tackle the problem of unemployability and give people the skills to access to the salaries and jobs the document represents. Compensation trendsIn New Delhi, graduates with less than three years experience experienced the best wage hikes in the engineering domain, while agriculture, manufacture and retail gave the lowest hikes. In Mumbai, a sizeable number of people in the accounts domain got rewarded with wage hikes of 12 per cent. It was the same for graduates and PGs in the BFSI, IT and the ITeS sectors. In Bangalore, the accounts domain commanded the highest hikes. The 1-3 years experience category and the 0-1 years experience category recorded wage hikes of close to 20 per cent in almost half the industries covered. In the engineering domain, technology industries and retail dominate the show with a salary hike rate of about 20 per cent or more In Ahmedabad, in the accounts domain, retail, IT and BFSI record best growth in salaries among the nine industries covered. More Stories on : Human Resources
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