Bench insecurity? BPS shows the way!

Contract jobs are traditionally considered “insecure”. However, how about getting a job at a top tech firm and being put on the ‘bench’ from day one? What if this wait stretches on for more than two weeks? Ofcourse, you are wiling away your time learning new courses and getting into training modules, but then, those won’t be of any use without real-world knowledge. Like how will you work in a team? How will you meet a project deadline? Or how you will get your subordinates to work for you. And importantly, how will you create a product and bring it to market? These experiential insights can never be learnt in any course, which is why your resume will always remain blank. If this is frustrating you no end, perhaps you should get off the bench and sign up with Workflexi.

 

What we do here is to get you a fixed term contract job. About 10% get rolled off before or after their contract expires, for various reasons. That means you are out of a contract job even before you have secured your next contract. If you happen to be one of those unfortunate ones, Workflexi will give you one month’s minimum basic pay, so you can either look for a job in the meanwhile (which we will also do), or chase your passion, take a break and come back again with renewed vigour with an all-new job in an all-new project, company or career path.

 

We call this the Basic Pay System or BPS in short. It’s meant to safeguard people who get fired (usually at a 24-hour notice). Agreed, it’s the industry standard and no one can argue for or against it. But it’s depressing news for any person who is handed the pink slip out of the blue. Looking at such a scenario, we came up with BPS. What this means is that whoever signs up with us not only gets a contract job, but their employer can also put them on the BPS scheme and safeguard their contract job. Once they complete atleast six months of employment with the ​company they are pay-rolled with, they automatically become eligible for claiming the basic pay.

 

The ‘bench’ is really going out of style. Who wants to drill holes in a resume and get depressed at the same time. Instead, it’s best to step out and walk into a fixed term contract job that sometimes even offers a better pay than a full-time ​job, depending on your calibre. Therefore, we would advice every jobseeker to get out of this ‘permanent job is the best security’ mindset and embrace a contract job that actually offers much more freedom and the best way to strike that largely elusive work-life balance. Imagine being stuck to a job you don’t like but you are peddling away because you are afraid you will not get a better job or a better pay. It’s this fear of insecurity that compels you to stay in an unhappy job. What’s more, some companies pay you more but also drain you the fastest. Your age begins to show and you think of retiring at 30, when your contract worker counterparts are thinking of staying on till 60. Welcome to the world of permanent jobs. If you don’t like the sight and sound of it, step out of that mindset now, and embrace the future of work: flexi jobs.

 

At Workflexi, we offer all of that and more. In your free time, you could pursue your passions. It could be a crash course in blockchain, crypto currency or AI, or become an adjunct faculty member at a reputable institute or go on a mountain climbing expedition to Ladakh or a cycling trip to Coorg. The world is indeed the limit when you set your sights on finding that effective work-life balance. We are not the usual recruitment agency you will find at every corner. We are your custom lifestyle managers. You decide what you want and we will deliver it to you. It’s that simple. Welcome to Workflexi. Welcome to a whole new world

6 reasons why contract staffing is better than a ‘bench’

Freshers and seniors make up the ‘bench’. This is a term that indicates employees who are not on any project anytime. They are idling away their time by staying at home, or just swiping in and out of work, or signing up for training and doing courses on Udemy, Coursera and so on. The churn period between being put on a bench and getting deployed on a project can vary from two weeks to even six months or more. The worst part is that out of every ten employees on a bench, one gets fired. In such a scenario, we list why contract or flexi staffing is way better than having a bench for a company. These very reasons should also prompt the bench warmers to sign up with Workflexi for a fixed-term contract job that will make effective use of their time and fill that crucial time gap in their resume.

ZERO BENCH

Companies spend much money in keeping employees on the ‘bench’. They keep giving them a basic salary, and even spend on upskilling or reskilling them. Some of their sales force is deployed to look out for jobs for them. Statistics reveal that big companies like Infosys have nearly 17% of their employees on the bench. That’s nearly 8500 of their total staff strength. And which employee wants to be on the bench the first day of their job? Here is where hiring contract workers resolves all these issues and keeps both the parties happy. The companies don’t have to spend on their benchwarmers and those on the bench can fill the blanks on their resume by being productive at jobs right away. Think of contract staffing as a virtual ‘just-in-time’ bench where there are employees when you need them.

FIRE-PROOF

Workflexi’s ‘basic payment system’ (BPS) takes care of the contract workers who worry about losing their job even before their contract gets over. Statistics reveal that 10% of the employees are asked to go on or before their term ends for various reasons. Here is where enrolling with Workflexi helps. We provide a basic minimum pay for one month (if you’ve worked for a minimum of six months), so you can look for a job, sign up for that certification course you always wanted to but didn’t have the time or just reboot, restart and unwind.

NO REVENUE LEAKAGE

When there are no employees on the bench, there is no revenue leakage of hiring and retraining or upskilling them. Importantly, the workers don’t get bored or feel helpless that their resume is empty. They are being put to use where it matters while the company can focus on its work instead of worrying about hiring and firing.

UTILISATION RATES

In their annual reports, top IT companies in India have clearly indicated that high employee utilisation rates boost productivity and operating margins. With a negligible bench, that margin is only going to shoot up. With most big companies recording 15-20% benches, that is a clear gain in revenues.

MISMATCHED SKILLS

Most employees sit on the bench because their skills don’t match the company’s requirements. This can be because you are a fresher from college or because you fudged your resume or because automation and other new technologies are rendering people jobless, prompting companies to retrain them.

UNCERTAINTY

When you are on the bench doing nothing but getting trained on things that you might or might use in the near future, employees not only get bored but also feel uncertain about their place in the company. Job insecurity hits them hard when the churn period stretches on endlessly. That is the time they realise that the company is not worried about their career growth. With contract staffing and Workflexi’s Basic Pay System, not only is this insecurity taken care of but also puts them at a bargaining position. Some contract employees even get paid 20% more than the regular workers, depending on their expertise and experience. In such a scenario, they are in the driver’s seat who get to choose the companies they want to work with and the projects they prefer. In addition, they get to strike the right work-life balance. They can take on only what they want rather than what they are given by companies if they were full-time employees. They can take breaks between jobs and pursue their various passions or just unwind and get back to work a month later.

AND FINALLY…

In this new world of automation, leave the problem solving to the machines. Focus on problem finding. Bench is a problem and Workflexi is your solution. So what are you waiting for? If you are a benchwarmer or a Company, sign up with us now and say goodbye to the ‘bench’.

5 ways to become the best company to work for

People make organisations and not the other way around. A firm that takes care of its employees will not only insulate itself from attrition but also rake in the moolah. When the employee morale is high and they are inspired on a consistent basis to do better than yesterday, a company’s revenues can only go north. Without further ado, here are ways to make your workplace the best it can be. If you are looking for a job, here are ways to find if it’s just what you needed to grow in your career.

STOP OVERCLOCKING

If you have an Android phone, you can overclock the processor and it will become much faster at the expense of your battery life. What’s more, it could get heated more quickly. Something’s got to give. Similarly, at the workplace, if you make people work overtime without proper compensation or work environment, they could quit or fall sick all the time. An employer who cares to ensure this doesn’t happen will reap the benefits of looking after their workforce. It could be as simple as providing adjustable standing/sitting tables, so people don’t mess up their backs. Or snooze rooms to catch their forty winks. Or be allowed to take as many breaks possible, so long as they are meeting their deadlines and doing their job well. Similarly, instead of boardroom meetings, you could go around campus and engage in talks. Companies can provide bonuses to employees who complete certain health challenges or have an in-house physiotherapist whose only job is to fix the aches and pains of the employees engaged in sedentary activities. Ofcourse, who doesn’t need ergonomic chairs, keyboards and mice?

BELONGINGNESS

Just creating a fantastic-sounding vision and core values is not it. A company has to walk the fancy talk. That translates to allowing every employee, no matter the designation or seniority, to suggest things for improvement. Importantly, there should be a screening committee whose only job is to look at these complaints, suggestions and feedback and act on them. Since employees are closer to the job they do, they are also the best people to tell the company how that work can be done better. Not only will this make the employees happier but also make the firm more productive and importantly, more human. Want to know where employees love to work the most? Forbes has one such list.

ACCOUNTABILITY

No information in the company should be beyond a person’s pay grade. That’s real transparency and accountability. When the employees learn why the company is behaving in a certain way, they are able to figure out the process more humanely and put their heart and soul into it and make it work as they now share a common goal: to drive business productivity. When each department is functioning independent of each other, there is no shared vision, and employees who have nothing in common can never be driven to do better. They get plain bored and leave.

OWNERSHIP

When an employee is good and wants to get better, the company should ask them to own the department and run it their way. If the person takes it up, it shows that the company not only trusts them but also allows the spirit of innovation and decentralised power. Importantly, the firm is turning an employee into a business partner who is showing signs of an entrepreneur. Tomorrow, that same person could quit the company and become a raw material supplier for the organisation he worked for. And the firm is much happy to deal with them rather than a new or even a far more accomplished supplier because they know what their former employee can deliver. This is how companies can encourage entrepreneurship.  For those who have it in them, the organisations should give them a free rein, so they can do more, and be more.

BALANCE WORK AND LIFE

Work is worship, but don’t let that make you sacrifice your time and that of your family’s. Balancing work and life can go a long way in ensuring peaceful existence. Take up a hobby. Pursue your other passions. Get a contract job fromWork Flexi. With a fixed term contract, you get to do what you want and take a month’s break after completing your term. The best part? Work Flexi will pay you one month’s basic salary, so you can rewind, reboot and restart your next job or pursue one of your many passions. That’s real work-life balance.

Welcome home. Welcome to work flexing.

When should you gladly accept a job offer?

If you are the best man for the job, you will be snowed under offers. Should you go for the company that offers you the best pay package? Or the best work environment or a generous mix of both? Things are actually not that simple, because each of the companies offering these packages could be hiding behind a vicious work environment. Therefore, think holistic and proceed with caution by following the tips given below:

 

Observation

If you are really keen on joining a company but have one niggling doubt about its work culture, it’s best to do some sleuthing before accepting that offer letter. Just park yourself outside the office building just before office hours. Notice the body language, the talk and the urgency with which employees do things or say something. Observe them at the end of the day and watch out for their facial expressions. They will either sport happy faces or relieved faces who prefer the comfort of their home. However, you can’t make a conclusive decision just based on this, so read on, to see if your assumption adds up.

 

Be candid

Sometimes, particularly if you are a prized candidate, it helps to be more candid and in-your-face. If the company trying to woo you finalises your candidacy, ask the HR person for examples that are the best testimony for their core brand values. If they share some heartwarming stories without any hesitation and with much passion, you know they are standing by their ideals. Tick that checkbox.

 

Endorsement from past employees

LinkedIn is the best tool to ask old employees who served in a similar capacity that you are going to occupy. Their experience will not just be about the work but also regarding the culture, the subordinates and the superiors who made all the difference, for better or worse.

 

Peak in

One walk through the office will give you some indications on their work culture too. Ask for an office tour; they will not deny that to a potential recruit. If you see spaces with people collaborating furiously or largely absent from desks or completely immersed in their work, every scenario gives off a certain vibe. Feel it and judge if it’s positive or negative. For example, if there are too many personal items on a person’s work desk, it could mean that this employee is either a long-time worker or plans to stick around for long. It shows that they like their job or they have no other option but to stick to this job.

 

Lunchtime is the best time

Sometimes, it’s best to check out the office during lunchtime. You could observe all the clues outlined above and this one. See if the employees are happily chatting each other up or are they working and eating at the same time. If it’s an isolated case of eating at the workdesk, don’t bother. But if you spot too many people indulging in this, it talks of a certain unhealthy pattern where the company loves workaholics without giving them enough time to feed themselves. What’s worse is a company that does not allow people to talk to people from other departments or mandates that each employee eat at their workdesk only.

 

Go to the loo

Yes, but not to help you arrive at a decision of accepting or rejecting the job offer but to look for more cues. If the toilet is clean and tidy, with enough toilet paper, it indicates an organised workspace. If it’s the reverse, you wouldn’t want to work here.