Contract Job BPS

Bench insecurity? BPS shows the way!

bps

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.(BPS)

 

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

Bench

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 bench-warmers 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.

UTILIZATION RATES

In their annual reports, top IT companies in India have clearly indicated that high employee utilization 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 realize 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 bench-warmer or a Company, sign up with us now and say goodbye to the ‘bench’.

Flexi hours

3 Ways To Be More Productive During Flexi Hours

Flexi hours might be the new world order, however, they come with their own set of drawbacks. To begin with, you will be distracted more than ever since all tasks scream for your attention, personal and professional. In addition, you are drawn to those things that appeal to you more than those that need urgent fixing.

 

There is help at hand, though. Just follow these productivity-enhancing tips and you should be able to succeed during flexi working hours.

 

Set your goals

Putting off work by another day, or worse, over the weekend, can be the biggest stumbling block for you. The negative appeal of flexi timing is procrastination. There are surveys that say that 90% of people put off work at least once every single day.

 

To beat postponement, you need to set your daily, weekly, monthly and yearly goals. If that is too far-fetched, just go by weekly scheduling. And remember your ultimate goal. Whenever you think of pushing back certain types of work, ask yourself if it’s taking you towards your weekly or monthly goal or creating hurdles in your career path. If it’s not, then it’s time to get down to work. come what may.

 

Continuous two-way communication

Just because you are not tied to the company physically doesn’t mean you are not free to communicate with them about work. You have to maintain communication with your office through text messages, emails, phone calls (even video calls) to keep up your rapport with colleagues and superiors.

 

Importantly, when you are tackling a personal emergency, please inform them, so they know that you are not reachable around this time, or just to maintain the personal touch that is missing with ‘work from home’ or ‘part-time’ jobs.

 

Schedule your day

Flexi working hours only mean that you can work whenever you want. However, that sentence needs to be rewired into your brain. Flexi hours doesn’t mean postponing work for tomorrow. You have to set your daily work schedule, be it working only in the mornings, or only in the evenings. But set it and stick to it. Develop an office routine and abide by the rules of working.

 

Consider working at home as working from office. The only difference is that you are working when it’s most convenient to you and you are avoiding all the traffic and commuting time. However, whether you are working on your own, or remotely for others, you are still working for somebody at the other end. And there are deadlines for everything. Instead of accumulating all the work on one day, by postponing continuously, you should set down a strict protocol to only postpone if it’s way before schedule. For everything else, the deadline is now.

 

Similarly, don’t keep working at it, blurring the line between personal and professional time. This causes much rift in families, with spouses and children complaining that you are not sparing enough time for them. Make sure, you strike the right work-life balance. One hack here could be dressing formally when you begin to work. It plays on your psyche and has its effect, according to some cognitive scientists. Experiment, discover and become more productive. Your time starts now.

employer impression for job

5 ways to impress potential employers

Your first impression should be your best impression. They all say this but not everybody actually pays real attention to it due to one weakness: laziness. Just because you are in the market for a job doesn’t mean you shouldn’t research the job you are applying for. Half the time, the recruiters are only banishing the resumes to the dust bin for not meeting the basic criteria. Here are five ways to prevent that from happening…

Be the right applicant

Step into the shoes of your employer. Who would you hire? The person who meets your eligibility criteria or any layman who applies for a job? It’s crucial to understand the job specifications before applying for it. Ask yourself one question. Do you qualify? Do you have the degrees and relevant certifications? Do you have the experience? Are you under qualified or over qualified? Once you’ve answered these questions, you can never go wrong with the next company you apply for.

Work on your cover letter

Some don’t send it and some pay the least attention to it. You don’t realize that your cover letter is where you can make the first impression. A letter full of spelling and grammatical mistakes will put off any recruiter. If you are applying online, make sure you space your letter between paragraphs and use a readable font of a reasonable size. Importantly, make sure you answer the one question the recruiter is looking for: how are you best suited for the job. Show qualifications and experience that directly tie in to the job on offer. And always address the recruiter by their second name. Otherwise, ‘Dear sir/madam’ should work.

Customize your resume

One size doesn’t fit all, and this is true of the jobs market as well. This is particularly crucial when you have several qualifications and experiences to write about. No need to have such a laundry list and it’s not necessary to list all your attributes either. All you need to do is take out stuff that doesn’t suit the job and add or keep stuff that is perfect for the job you are applying for. It shows that you have properly researched for the job and it shows you are hard working and dedicated. When you can’t pay attention to customizing your resume, how can you show that you care for the company you are applying for?

Put your best foot forward

We all have our weaknesses. It’s important to talk about your strengths. If you are a fresher, your cover letter and resume can talk about your qualifications, grades and awards won on campus. If you are an experienced person, you could talk about the many milestones you’ve reached in your career before getting down to basics like qualification, experience and so on.

Get the essentials right

Don’t call HR people to ask if they’ve received your resume or ask for directions to their office. You should get that from Google Maps or ask the receptionist. Always give your mobile phone number on the resume, not your landline. Don’t apply for a job that is paying less than what you are currently earning. Stick to the script; don’t expect the company to make an exception for you unless you are ready for a pay cut because it is your dream company. If that is indeed the case, say it in your cover letter to score extra brownie points. Once you do make it to the interview, don’t forget to send a ‘Thank you’ email after it’s over, and perhaps even follow it up with a phone call. Patience, perseverance and good manners always have a market of their own.

Attachments area

How to live the good life

How to ‘live’ the good life

A contract job suffers from just one thing. The inability to provide job security. But then, it’s not something the truly exceptional need to worry about. If they are good at what they do, they can work for six months and take the next month off to pursue their many passions. This way, they can come back to work on some other project for the same or different company. Not only will this break the monotony of a 9-5 job but also get you do what you have been wanting to do in a long time. Take a break and climb the Mount Everest, for example. 

 

Which brings us to ‘functional’ resumes compared to the existing chronological variety where dates play a significant role and not the job you did. It’s time to not only adopt the contract culture but also emphasise the work you did rather than the time you spent at a particular company. Make sure your resume demonstrates not only the quantitative part of your work experience but also the qualitative aspects to them. 

 

It’s time to be multi-faceted and not wedded to one company doing the same thing over and over again. It’s time to take a break and do something new with your job. You could upgrade your skills and get a better pay at the same company or get into a completely different field just because you can. What’s more, you can do one better. You can work on contract and also become an adjunct faculty to transfer your knowledge to the future generation. It’s your way of giving back what you’ve learnt. And only a fixed term contract job allows you to do that. 

 

So whether you’ve worked for just a few days, months or years, you can turn that into your unique selling proposition. Focus on the job you did rather than the duration and you’ve landed your next job. Just remember to focus on work that is relevant to the job you are applying for. And don’t forget to talk about the attributes and goodwill you carried into your every job. If your co-worker or boss expresses deep gratitude to the work, your future employer will realise how helpful, creative or hardworking you were. And that could be a great value addition to the job you are applying for. 

 

If you are a habitual contract employee, it exemplifies traits few possess. That of accomplishing tasks in a brief period and be able to mingle with a new set of people to achieve your goals. It showcases your interpersonal skills and the fact that you worked in a team full of strangers.

 

Contract jobs are for those who are serious about what they do. They give their best in the shortest possible time, so they can do something better after that: pamper themselves by pursuing a hobby or fulfilling a long cherished dream. 

 

Just the way contract jobs are redefining workplaces, it’s time our resumes did that too. Focus more on the jobs and attributes you brought to your work and pay less attention to the duration of your work. That doesn’t really matter in a world where you can chase multiple careers. And that’s precisely what WorkFlexi.in offers. A fixed term contract job after which you also get a month’s minimum basic pay, so you can look for a job in the meantime without worrying about your living expenses. Welcome to a new world where you can LIVE and not just EXIST!