Employers ignore rise of ‘gig-economy’ at their risk

June 2, 2017
Employers must recognise the rise of the ‘gig-economy’ and implement strategic workforce planning strategies to reflect this shift.

This is the advice from global talent acquisition and management specialist, Alexander Mann Solutions.

The recommendation follows Mercer’s 2017 Global Talent Trends Study, which found that HR leaders do not expect the gig-economy to have a major impact on their own business in the next two years.

This is despite the majority of full-time employees (77%) saying they would consider working on a contingent or contract basis.

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.”

SOURCE: BlueSky PR

 

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