The Emerging Gig Economy (what to look out for)

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Economy

Gig economy’s growth is paving the way for new business models. Along with new technologies such as AI and automation, it’s rapidly reshaping the workforce and economies across the globe. Recruiters should consider adapting to these changes and find ways to keep up with the trends that are set to dominate the workplace in the coming years.

  1. Employers Are Using Gig Workers As A Cost-Effective Solution

Under the Gig Economy, workers aren’t permanent. Workforce will depend on employees who choose shifts and jobs as they come. This type of workplace flexibility gives businesses the agility they need while minimizing costs. Reducing overhead will be part of the upcoming business trends over the next few years.

  1. Companies Increasingly Want Niche and Specialist Skills

Digital platforms enable businesses a wider talent pool that wasn’t there before. Now, you’ll have the means to get skilled freelancers for specialized roles and knowledge intensive projects. Remote staff outsourcing solutions range from traditional to modern roles including software development, graphic design and other skillsets tailored to specific business needs.

  1. Workers Require More Flexibility in Their Work Style

All staff will want some kind of flexibility as they go about their work day. Gig economy pertains to the trend that workers are now becoming independent and working on a per-task basis instead of chained from 9 to 5. The most successful companies have foregone strict work schedules and now offer flexible hours, leading to happier and more productive employees.

  1. Technology and Infrastructure Are Growing To Accommodate Freelancers

Flexibility is a benefit that comes with infrastructure issues such as coordination and management in terms of projects and staffing. This is when AI tech comes in. VR and chatbots can play crucial roles in connecting employees and remote workers located across the globe. The cloud, apps, advanced networking and emerging software can handle project management, conferencing and other essential tasks.

  1. Big Corporations Will Want A Slice Of The Pie

The gig economy was created primarily for small businesses and startups that have limited resources, but it generated such an enormous success that global companies are finally starting to notice. As a result, even mega-corporations are now using the same staff outsourcing platform for filling some of their job requirements and promoting innovation.

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