The modern workforce has unarguably experienced one of its most disruptive periods over the last decade thanks to more convenient global travel, worldwide internet maturity and a sweeping culture of lifestyle first, career second, fuelled by the burgeoning generation of millennials. And while employees of today expect their careers to fit in with their demands for work/life balance, businesses too are re-thinking traditional employment and HR models.
Telecommuting, freelancing, contingency staff and other temporary employment arrangements are giving businesses new flexibility in the way they stratify their human resourcing strategies and provide opportunities to reduce staffing costs.
Trends of this nature are set to continue with the new hyper-connected generation entering the workforce and an avalanche of new technology platforms continually reshaping what it means to have a career in the 21st century. Here’s a look at a few more factors that are influencing the demand for quality temporary employment.
Modern temporary employment seekers aren’t yesteryear’s temps
Traditionally, temporary work was associated with low-paying jobs, such as secretarial or basic office admin positions. Today, interim gig seekers include a wide spectrum of career professionals such as IT staff, financial and HR consultants, interim managers and more. This creates a new pool of highly talented and sought-after professionals who make their expertise available to businesses as and when needed.
Contingency staff is fast becoming office super-subs
Contingency staff is typically made up of short-to-medium term gig seekers who step in to perform a particular role within once-off projects, while others may be freelancers employed to provide support to the business in times of high demand. It’s projected that by 2017, “…contingent workers, including independent contractors, statement-of-work-based labour and freelancers, will account for nearly 45 percent of the world’s total workforce.” This abundance of diverse resources will give businesses a flexible workforce to tap into while simultaneously keeping operational costs and other overheads to a minimum.
It’s a global phenomenon that’s not going away anytime soon
In a study by the Page Group, it found that 70 percent of respondents viewed temporary employment as a safeguard against tough financial times, while more than 60 percent thought it was a good way to build a solid professional network. Also, a new generation keen on globetrotting for a few years while gaining overseas experience before “settling down” is also adding a new dynamic to the global workforce. In fact, 59% of surveyed Americans would be willing to relocate to another country for a great job opportunity.
InteriMarket is helping to transform the way we think about temporary employment
Designed to meet the changing demands of the 21st-century workforce, InteriMarket is a powerful networking and collaboration platform developed to bring temporary UK job seekers, recruitment agencies and businesses together. Our solution is built to provide temporary employment solutions to all stakeholders by connecting people in a way that is effective, rewarding and disruptive.
To learn more about how we’re helping reshape an entire employment sector, please visit our How It Works section, or better yet, register now and enjoy your free lifetime membership to this pioneering gig seeking solution.