Companies, including small and medium enterprises (SMEs), are looking to hire professionals on a temporary or project basis to conserve cash.
Demand in temporary hiring has risen three-to-four fold and may surge as employers would not want to hire full-time employees in the next 12-18 months, said HR consultants.
Mohit Rampal, consultant for a mid-sized cybersecurity firm, recently posted his requirement for developers on a job searching platform.
In any other year, Rampal would have preferred 'hiring' these developers. But in 2020, he can only afford them on a contractual basis. "Demand for solutions around CRM, data mining, artificial intelligence, remote cyber management, etc.