Traditional employers are continuing to discover that they can benefit from the gig economy through the utilization of external platforms to hire contract workers. Sometimes companies are caught off-guard by a sudden uptick in demand or an employee resignation and suffer from the detailed and drawn out process of hiring a long-term employee. Employers are increasingly eliminating staffing lag time by relying upon gig platforms to efficiently hire and onboard workers for short-term needs during peak demand cycles.
I don’t know about you, but the nerd in me occasionally likes to play the “how far can it go” game with the gig economy. In other words, I oftentimes find myself thinking, “can the gig workforce fit in that industry or that kind of job?” And when I ask that question, I frequently find myself saying, “nah, surely not there.”
The growth and benefits of the gig economy are well documented. By some accounts, more than 31 million individuals in the U.S. workforce derive their primary income from the gig economy, and businesses continue to provide platforms for this kind of work given the fact that it serves as easy access to a scalable source of labor, skills, and other professionals, not to mention the reduced start-up costs and the elimination of common hiring barriers. Up until now, however, you did not hear the gig economy mentioned in the same sentence as the government sector. It seemed to be confined to private sector employers only. However, it should not come as a surprise that the federal government wants to cash in on the benefits of hiring gig workers.
As the proliferation of skilled contract workers continues, it is vital for companies to evaluate their strategies to attract and retain accomplished freelancers. Competition for skilled independent contractors is fiercer than ever as the gig economy allows just about everyone to run their own businesses, choose when to work, and carefully select which projects to accept. Because there are now dozens of platforms that allow freelancers to sell their own goods, sell space in their home, and market their skills, your organization is not alone in vying for their services.
Many aspects of the workplace are very different now from the way they used to be just a few short years ago. The number of American workers breaking away from the typical 9-to-5 grind in favor of freelance gigs continues to rise. The question remains: what is the allure behind the gig economy for employees? These workers often say that they find empowerment, respect, and satisfaction in their self-employment. More and more, people are opting to freelance and, according to the 2017 gig economy report from MBO Partners, 74 percent do not regret this decision.
The holiday season is here; the time for toys and time for cheer. While many will deck the halls with boughs of holly, others will take on extra work for extra cash. For years, retail jobs made up the lion’s share of holiday work. But nowadays, countless individuals are earning cash independently and finding their holiday hustle in the gig economy. Various holiday gigs include the usual suspects: Uber, Task Rabbit, Rover.com, etc. However, with the surge of employment needs during the holidays, many industries can take advantage of the numerous individuals seeking temporary or contract gigs during the holiday season (i.e. in the technology, accounting, and marketing industries).
A terrible horde of mindless creatures takes over civilization, rendering our world virtually unrecognizable and changing everything about it. There’s nothing you can do to stop them. Every day, more and more of them appear. They’ll never go away, no matter what you do. Your life is forever altered in ways you never imagined. You just wish everything would return to normal.
Roughly 3,500 miles on the other side of the Atlantic Ocean, the British government is contemplating an idea which will marry the national healthcare industry with the gig economy. Such an idea could send a ripple toward the United States if it bears success.
With the rise of “Uber-ization” of the workforce in the gig economy, many companies, including Fortune 500 firms and IT companies, are adopting a freelance model for its workforce. It’s understandable why businesses would be drawn to it: it provides them a more flexible and low-cost-way of hiring and retaining workers, especially those with specialized skills.
When most hear the phrase “gig economy,” they immediately think about giants like Lyft and Uber. Personally, I use Lyft and Uber often while traveling and enjoy talking to drivers about why they choose to work in the gig economy, how long they have done so, and whether they enjoy their jobs. Most enjoy their gigs, and have been doing them for less than a year. Many of the drivers also have full-time jobs, but prefer the flexibility of making extra money during their down time.