There’s no doubt about the growth of the contingent workforce. New Ardent Partners research has discovered that 38% of the world’s total workforce falls into this non-employee category, representing another sharp shift in the greater world of talent.
The “gig economy” has become a hot phrase in the business world, thrown around by major market media and large-scale business publications across the world. Some executives may perceive the gig economy as yet another fad sweeping the nation, however, it’s become quite clear that it’s more than a fad…it’s a transformative force that will forever alter how “work” is addressed.
Thus, the real impact of the gig economy is felt by more than just the “gig workers” themselves, especially as more and more organizations buy into and embrace the on-demand talent engagement that the gig economy is built on. Procurement and HR have long been the two functional units holding the main responsibilities for managing contingent labor, and, the gig economy’s wide-sweeping transformation certainly impacts both of these groups:
While some executives still believe the gig economy is yet another business fad, others are preparing for the global shifts in the talent landscape and will be the ones well-positioned when critical talent-based needs arise. Both procurement and HR play pivotal roles in the gig economy, as each can bring valuable capabilities to the table as more and more organizations feel this transformation’s game-changing impact.
Since 2006, Christopher J. Dwyer has been one of the world’s foremost spend management experts and leading authority on contingent workforce management. He is a premier thought leader in the contingent workforce industry, authoring hundreds of research studies and evangelizing the evolution of the non-employee workforce. He is the voice behind Contingent Workforce Weekly, the industry’s first (and only) weekly podcast dedicated to this space, and has contributed hundreds of thought leadership pieces and research studies to the non-employee and talent management markets. Email him at firstname.lastname@example.org, or follow him on Twitter (@CJD_Ardent).
Mail (will not be published) (required)
four + = 10
Thanks for Subscribing to DCR Blog.