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The education sector is calling staffing firms for help as it struggles to find skilled personal, the Economic Times reports.
The education sector has so far relied on word-of-mouth to source employees. But recently "a lot of corporates with deep pockets have entered the education space in the past few years, giving a further boost to a sector which was already hot. With huge investments, they want good people to run such units," says Kamal Karanth, MD, Kelly Services India.
The sector grew at a compounded annual rate of 16.5% between 2005 and 2012., It is expected to grow to almost double in size by 2015 due to demand for quality education, according to India Ratings, a Fitch Group Company.
The growth spurt has in turn given staffing firms a renewed focus. Kelly has 20-30 mandates from the sector at any given point of time, compared with just 10 mandates in three months, six months ago.
Staffing firm TeamLease is set to start a vertical division dedicated to education."It's early days but the prospects seem bullish. We are mapping out the future," says Rituparna Chakraborty, co-founder, TeamLease, which has seen single-digit mandates expand to the 20s and 30s in barely six months. The demand is coming from educational institutions looking for professionals to build from scratch, get students on board and build a brand.
Traditionally, educational institutes have been run by individuals whose sole responsibility has been to preside over operations. With new schools, colleges and universities coming up, the demand for professionals has risen exponentially.
"At any given time, we have a requirement of around 30 professionals, as we are growing fast. To fulfil this, we take help of headhunters," says Atul Chauhan, president, Amity Education Group, which has a pool of 3,000 faculty members across its institutions in India and abroad.