Dear Members,
I am working as a Consultant in a newly established Human Resource Firm and would like to know a few details about Contract Staffing.
KINDLY HELP ME REGARDING THIS. I am the only person in HR department and don't have anybody to guide me and to take this forward.
a) I would like to know the revenue model of contract staffing?
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company?
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
Thanks in advance.
From India, Madras
I am working as a Consultant in a newly established Human Resource Firm and would like to know a few details about Contract Staffing.
KINDLY HELP ME REGARDING THIS. I am the only person in HR department and don't have anybody to guide me and to take this forward.
a) I would like to know the revenue model of contract staffing?
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company?
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
Thanks in advance.
From India, Madras
Dear friend,
a) I would like to know the revenue model of contract staffing? revenue model is simple - client recruits through your company.
client pays your company abc% or agreed amount on the salary every month for employing on contract.
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company? Client pays the PF/ESI contribution.
your company only acts as a mediator and pays on behalf of the client to the respective labour depts.
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
even if they are not aware about the legal benefits, you have to enlighten them on the benefits and give them those benefits !
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
You are not supposed pay from your margin or your pocket. renegotiate with the client for the appropriate payment and he being the principal employer is liable to pay the labour taxes.
in case of any further help, mail me
or 9930992660 / 661.
all the best !
From India, Pune
13a) I would like to know the revenue model of contract staffing? revenue model is simple - client recruits through your company.
client pays your company abc% or agreed amount on the salary every month for employing on contract.
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company? Client pays the PF/ESI contribution.
your company only acts as a mediator and pays on behalf of the client to the respective labour depts.
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
even if they are not aware about the legal benefits, you have to enlighten them on the benefits and give them those benefits !
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
You are not supposed pay from your margin or your pocket. renegotiate with the client for the appropriate payment and he being the principal employer is liable to pay the labour taxes.
in case of any further help, mail me
all the best !
From India, Pune
Hi,
We are a young recruitment company with good database and capacity handle different level of recruitments. Please do provide us an opportunity to prove our delivery capabilities.
Enclosed is our corporate presentation for your reference.
Our Clients: Sonata software , reliance communication,
About Our Team
We have strong and young team of people with Diploma, MBA ( Finance , HR & Marketing) background who have worked in top services companies in India.
Technologies which we work on
ERP(SAP, Peoplesoft, Oracle, BAAN, JDE, Movex)/ CRM(Clarify, Siebel)
IMS(Windows/Unix, Solaris, AS400, Networking, Security)
Web Technologies( Dotnet, J2EE)
Database Developers(Oracle, Sybase)
Testing Technologies ( Manual and Automated)
Embedded Technologies
Mainframe Technologies
All Support requirements
Apart from these we understand all domains and technologies in IT Industry because of our previous work experience.
Please provide some requirements
thanks
giridhar
9902469731:p
From India, Bangalore
We are a young recruitment company with good database and capacity handle different level of recruitments. Please do provide us an opportunity to prove our delivery capabilities.
Enclosed is our corporate presentation for your reference.
Our Clients: Sonata software , reliance communication,
About Our Team
We have strong and young team of people with Diploma, MBA ( Finance , HR & Marketing) background who have worked in top services companies in India.
Technologies which we work on
ERP(SAP, Peoplesoft, Oracle, BAAN, JDE, Movex)/ CRM(Clarify, Siebel)
IMS(Windows/Unix, Solaris, AS400, Networking, Security)
Web Technologies( Dotnet, J2EE)
Database Developers(Oracle, Sybase)
Testing Technologies ( Manual and Automated)
Embedded Technologies
Mainframe Technologies
All Support requirements
Apart from these we understand all domains and technologies in IT Industry because of our previous work experience.
Please provide some requirements
thanks
giridhar
9902469731:p
From India, Bangalore
Dear All your questions need well considered professional advice .Better take the help of a Local HR related or labour Law Consultant for your needs. VS Rajan Associates Chennai
From India, Bangalore
From India, Bangalore
Thanks namitabh for your suggestions.It was very useful.
Thank you rajanassociates for your reply, I will give this suggestion to my MD.
Girisharr - if we have overflowing requirements then we will contact him.
From India, Madras
Thank you rajanassociates for your reply, I will give this suggestion to my MD.
Girisharr - if we have overflowing requirements then we will contact him.
From India, Madras
Dear Ram,
a) I would like to know the revenue model of contract staffing?
Employees will be on your roles working for the client. You will be given some x% to handle their payroll.
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company?
Client has to contribute to PF/ESI employer contribution.
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
You have to educate them on the benefits of savings and Insurance covered, and also explain them the need for it. They like or not you have to contribute to PF/ESI.
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
Their salaries have to be according to Minimum wages Act. Explain the client about this, and renegotiate your costing accordingly.
Regards,
Mohd Abdul Aleem
From India, Mumbai
a) I would like to know the revenue model of contract staffing?
Employees will be on your roles working for the client. You will be given some x% to handle their payroll.
b) Who contributes to the PF / ESI - is it the consultant (us) or the Client Company?
Client has to contribute to PF/ESI employer contribution.
c) Here we are planning to do recruitment for Layman workers like - House keeping staffs; dish washers etc; many of them say they are not interested in PF/ESI; (in fact many are not aware about PF/ESI); so what should we do?
You have to educate them on the benefits of savings and Insurance covered, and also explain them the need for it. They like or not you have to contribute to PF/ESI.
d) We keep a profit margin of Rs.500/ head. That is if Client pays us 4500 we give 4000 as salary. Now if we contribute towards PF / ESI then our margin gets lowered to say Rs. 20 or so which is very, very low. So, suggest us some good revenue model.
Their salaries have to be according to Minimum wages Act. Explain the client about this, and renegotiate your costing accordingly.
Regards,
Mohd Abdul Aleem
From India, Mumbai
Mr. Ram
Clearly explained by Mr. namitabh. As he had told of renogotaiting. jst go for % wise so if any changes or incrase in no employees it will better to handle.
and only u cant look after ESI, PF even other statutory provision like LWF, bonus wil also be applcable.
ragards,
ramnath
From India, Bangalore
Clearly explained by Mr. namitabh. As he had told of renogotaiting. jst go for % wise so if any changes or incrase in no employees it will better to handle.
and only u cant look after ESI, PF even other statutory provision like LWF, bonus wil also be applcable.
ragards,
ramnath
From India, Bangalore
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Kami Export - Negative Covenant in Contract of Employment.pdf (1).pdf