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Temporary work or temporary employment (also called odd jobs) refers to an employment situation where the working arrangement is limited to a certain period of time based on the needs of the employing organization. A temporary work agency, temp agency or temporary staffing firm finds and retains workers.
Temporary or contractual staffing is a short term based assignment, for which a talent is hired. This kind of a hiring decreases the liability of an organization, as these assignment may not include all the benefits which the organization may offer its full time employees. More importantly, since these staffing are for a shorter duration these are primarily outsourced on a vendor payroll. This makes the transition of the talent post assignment hassle free to the organization.
Permanent staffing are when a recruitment agency provides a client with a permanent member of staff and charges an introduction fee often based on the annual salary of the position.
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The best way to choose the right hire type, temporary or permanent, is to determine company’s specific needs. Identify whether the work is project based with a specified skill set need with long term or short term possibility OR if we need a full-time, permanent employee to where they tend to do their job more effectively knowing they have job security, long-term prospects and the opportunity to build relationships with other staff . This distinction should help guide our decision to make the best choice for every staffing related situation.
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From India, Mumbai
Thanks for everyone who has posted here to clear the doubts well.
From India, Jammu
Fixed Term Employment is also part of Temp Staffing
MOE & L through notification dated 16 March 2018 (Notification), had notified the Industrial Employment (Standing Orders) Central (Amendment) Rules, 2018 (Rules).
It amended the Industrial Employment (Standing Orders) Central Rules, 1946 to introduce a significant labour reform – allowing fixed term employment for all sectors.
Fixed Term Employee means 'a workman who has been engaged on the basis of a written contract of employment for a fixed period: provided that, (a) his hours of work, wages, allowances, and other benefits shall not be less than that of a permanent workman; and (b) he shall be eligible for all statutory benefits available to a permanent workman proportionately according to the period of service rendered by him even if his period of employment does not extend to the qualifying period of employment required in the statute.

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