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How Biotech, IT, and Defense Companies Can Win with Contingent Workers

Posted on August 2nd, 2017 with No comments

Contingent WorkersThink the gig economy is all Uber drivers and freelance writers? Think again. 

That may have been true in its early days, but this burgeoning workforce now powers all sorts of sectors. Contingent workers — including contract employees, freelancers, and independent consultants — account for more than 40 percent of today’s U.S. labor force.

Three places you might not expect gig economy growth? The biotechnology, information technology, and defense industries. Tech fields require top talent for specialized work on specific projects, and contingent hiring allows companies to recruit quickly from a worldwide pool and receive around-the-clock results.

In fact, more than 80 percent of executives have begun to employ an on-demand workforce. But many jumped in before understanding how to protect their companies from the gig economy’s risks. Contingent hiring brings a host of legal hurdles, and worker misclassification mistakes can cost companies millions.

Contingent workers can be a boon to your bottom line. Biotech, defense, and IT companies can become gig economy leaders by taking the following four steps.


By: Sara Jensen, Vice President of Business Development 

Published By: Business 2 Community 


Read the full article here. 


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