Employers ignore rise of gig-economy at their risk
Employers must recognise the rise of the gig-economy – and implement strategic workforce planning strategies to reflect this shift. That is the advice from global talent acquisition and management specialist, Alexander Mann Solutions.
The recommendation in response to data from Mercer’s 2017 Global Talent Trends Study, which found that despite the fact that the majority of full-time employees (77%) said they would consider working on a contingent or contract basis, both the C-suite and HR leaders reported that they do not expect the gig-economy to have a major impact on their own business in the next two years.
According to figures from the Office for National Statistics, over the last decade the number of self-employed workers in the UK has surged from 3.8 million to nearly 4.7 million. The figure has risen by 174,000 in the last year alone with 15% of the entire UK workforce now self-employed.
Commenting on the findings, Lisa Forrest, Global Head of Internal Talent Acquisition, at Alexander Mann Solutions, said;
“As Mercer’s study shows, the disconnect between the intentions of employees and business leaders around the rise of contracting as a career choice is stark. Consequently, organisations which do not recognise the rise of the flexible workforce risk finding themselves in a situation where they are unable to access the skills their business needs to thrive.”
“The rise of the ‘gig-economy’ is encouraging a more ‘Uber-esque’ approach to recruitment – and workforce planning strategies must respond to reflect this. Employers who embrace the rise of the flexible workforce will benefit from being in a position to bring on board specialist skills to help manage demand without the burden of permanent headcount costs. Those who ignore the rise of the gig-economy do so at commercial risk.”
- New UK Govt security guidelines on internet connected devices are welcome but need to go further - April 4, 2018
- Calls for Ethical Data Standard - April 2, 2018
- British workers demand more automation - March 28, 2018
- Culture is Digital report will unleash the creative potential of technology for cultural organisations - March 16, 2018
- 5G project announced on first anniversary of Midlands Engine Strategy - March 14, 2018
- Mixed feelings about Artificial Intelligence in eCommerce - January 31, 2018
- New algorithm uses Twitter to predict the stock market - January 26, 2018
- Study finds that Technology fails people every week - January 24, 2018
- Top Five Networking Trends for 2018 - January 19, 2018
- Support deal worth £100m agreed for Puma helicopters - January 12, 2018