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Indian Staffing Federation

Indian Staffing Federation. Join Us and Make a Difference. Temporary Staffing Industry – Some Issues. 397 Million India’s current Workforce. ). Vocationally trained, Diploma Holders, Graduates, and above comprise mere. 10%. of the overall workforce. Source ISF Study CII_BCG Study.

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Indian Staffing Federation

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  1. Indian Staffing Federation Join Us and Make a Difference

  2. Temporary Staffing Industry – Some Issues

  3. 397 Million India’s current Workforce ) Vocationally trained, Diploma Holders, Graduates, and above comprise mere 10% of the overall workforce Source ISF Study CII_BCG Study

  4. Indian Staffing Federation (ISF) • April 2011 • Apex body representing Flexi Staffing Companies • Influence stakeholders • Govt & policy makers • User companies • Trade Unions • Job Seekers • Staffing companies • General Public Inception OBJECTIVES

  5. ISF- Purpose

  6. Who we represent? - Based on estimates provided by Staffing Companies

  7. ISF Core Principles

  8. The International Experience

  9. What has ISF done so far?Current assignments & accomplishments Join us and make a difference

  10. ADVOCACY & REGULATORY

  11. Representation to CBDT/CBEC ISF has hired PWC for making the representation before CBDT/CBEC on the following points : 1) The manpower staffing services should come under the section 194 (C) of the Income Tax Act rather than Section 194 (J). 2) Currently TDS certificate is issued with a validity for the current financial year and on client to client basis only, however ISF wanted to pursue for a certificate from AO providing a lower TDS rate for a period of 3 financial years at least and as a whole rather than client to client basis. 3) Service Tax should be applicable on Service Charges, rather than on total billing amount. Ongoing project

  12. INTERNATIONAL FOOTPRINT

  13. ISF National and Regional Conclaves …Many more

  14. ISF Research • ISF published its first ever report “Temporary Staffing in India: Issues and Recommendations” in 2012. • This report highlighted the key regulatory changes that the Indian Staffing industry requires to grow. • It took up short and long term issues relating to: Provident Fund, Employees State Insurance, Employees Compensation Act, 1923, Payment of Gratuity Act, 1972, Contract Labour Act and Service Tax etc. The report has been widely circulated to the key policy-makers in India. • ISF published its second report on “Flexi Staffing in Govt. and Public Sector” in August 2014. • This report is an attempt to throw some light around the extent of usage of temporary workforce with the Government and current empanelment procedures and to recommend a higher penetration of organised flexi-staffing. • This shall enable creation of more jobs through the government sector on account of superior matching platform, accuracy, responsiveness and access to best practices that Flexi-Staffing companies possess.

  15. Why Join ISF Join us and make a difference

  16. EXECUTIVE BOARD

  17. EXECUTIVE BOARD

  18. Membership benefits

  19. ISF MEMBERS

  20. Criteria for Membership

  21. Code of Conduct - ISF Members

  22. Fees Structure - ISF (2014-15) 1. Staffing Companies Companies who offer staffing services to clients. The full turnover of the parent company offering primary staffing services is to be considered as per its balance sheet, irrespective of its divisions, and operations within India or outside India. • Taxes as applicable will be extra. • Lifetime membership option is available for Companies with turnover higher than Rs.100 Cr on payment of 7 years fees. Taxes, as applicable, will be extra.

  23. Institutional members Institutional members representing associations, federations, trade bodies, educational institutes, NGOs, and other agencies of interest. Taxes as applicable will be extra. • Client members • Companies who are users of staffing services. Taxes, as applicable, will be extra. • Professionals • Professionals who are in the business of consulting, advisory, and other services related to staffing businesses (but do not operate a staffing business). Taxes as applicable, will be extra. • * Individuals who are not practicing professionals either as a freelancer, or as an employee of a company as described in Professionals category will not be considered for membership.

  24. Indian Staffing Federation Join Us and Make a Difference For more information, please visit www.indianstaffingfederation.org

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