There has been a LOT of speculation lately about the job outlook for 2017, and you can’t ignore the ever-growing gig-economy and just how much of an impact this will have on job growth and opportunity. Findings from Adobe revealed that one-third of the 1,000 U.S. office workers they polled had a second job and more than half predicted we would all have multiple jobs in the future.
As the workforce continues to shift towards a gig economy model, it’s becoming clear that there are different motivating factors that drive today’s workers. A recent survey conducted by the Pew Research Center shows that 8% of American adults have earned money from an online employment platform in the last year including ride-hailing companies such as Uber and Lyft, online tasks, and cleaning services.
There is a ton of talk today about the ever-changing state of the US workforce, but just how big is the gig economy? How many people make their living as a freelancer? Up until now, we’ve never had a clear picture of just how strong this network is and where and how they’re finding work. According to the McKinsey Global Institute, the independent work is rapidly evolving as digital platforms create marketplaces that make it possible to connect the brands who need a service performed and the workers who will provide that freelance service.
It’s no secret that today’s workforce has drastically evolved. There’s more connectivity, community, and flexibility associated with a career than ever before. In fact, an incredible one-third of the US workforce is now comprised of freelancers. A number that was unthinkable only ten years ago.
The looming question that remains is how do all of these freelancers match with relevant work? Hiring managers are currently stuck turning to Indeed, Career Builder, and Monster to try and fill open positions. The reality is these sites don’t allow them to reach trained employees with sales, marketing, and event skills and job posts often go unfilled.
The industries where finding and hiring freelance talent has become the most critical is in retail beauty, apparel, fashion, sporting goods, and consumer electronics. There are currently 29 million retail employees nationwide and of these, about 2 million are in freelance roles.
Brands and retailers need to find talent that is vertical-specific to their needs, quickly hire this talent and then manage them once they’re deployed into retail locations. Introducing, AllWork, the first end-to-end talent solution for doing just that.
AllWork® is a total freelancer management and payments platform. We help companies more efficiently manage and pay every type of freelancer they need for their business including all hourly, consulting, contract, and project-based workers for both short and long-term assignments across all job functions, departments, and roles.
By providing one streamlined platform for total freelancer management, businesses can leverage the new Modern Workforce where the number of freelancers will soon be equal to the number of permanent employees in most companies.