How Businesses Can Benefit From The Gig Economy

Gig Economy – Business Benefits

As the gig economy continues to grow, both companies and individuals are adapting and making the necessary changes either personally or within their businesses to maximize their utilization of the extended workforce and this trend can be seen all around the world.

There’s no doubt that there are clear benefits for workers in the gig economy; flexible schedules, remote work, selective projects etc. but do businesses and business leaders realize the true potential that lies in adoption of the gig economy?

For businesses, there are a number of ways to benefit from the gig economy:

  • Cost Reduction – the use of contingent labor for many businesses can decrease their labor costs
  • Remote Working – a noted workforce trend, particularly popular with millenials
  • Seasonal Workers – many business can engage the talent they require on-demand, as they require it
  • Time to hire – engaging project-based talent can streamline the hiring or on-boarding process

Click here to see and you will be redirected to a Forbes article, with more statistics that display the benefits that are ready to be taken.

If you’d like to know more about the gig economy and how we assist and educate businesses around the world to adapt to and compliantly engage their extended workforce, please contact us using the below form.

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Contact Kathryn Hopkins