The term “Gig Economy” is becoming more and more common; expresses a business environment with short-term jobs. Here, institutions provide the workforce they need with short term contracts.
By 2020, approximately 40% of the workforce in the US is estimated to be composed of independent contract workers.
There are several reasons why short-term contracts become widespread:
As a result of digitalization and technological developments, today the work force can be made more mobile and works everywhere. Thus, work and workplace were separated. This means that freelance employees have the opportunity to choose timely work from many different locations of the world. At the same time, employers can easily find the elements they want from a much larger pool without limitation of location.
Digitalization also significantly reduces the need for staff in existing jobs, as computers are replaced by employees.
The financial cost of retaining staff has become a burdensome burden in today's business world where profit margins are declining. Whether it is a business or not, you have to give salaries to your employees, provide benefits, rent offices, insurances, etc. you have to bear the costs.
In addition, in today's world, you may need the human power that has many different competencies in such a size, for short periods of time. It is naturally impossible for your current employees to have all of this evident professional expertise.
One of the advantages of working with short term contracts on project basis is that you can reach the expert staff suitable for the project you want from different pools. At the end of the project you can pay the fees of these experts and you can easily separate your roads.
In this case, the most important needs of the business world in the near future, this will provide easy access to the expert employees at the time of need, freelance workers who make very good classification and classification, who can identify the candidates in a very short period of time to establish systems that will be experts in this field.
When institutions receive a project, they will have the opportunity to come to these specialist and reliable companies and get immediate access to the experience and knowledge level they want.
For employees,
Most of us had to go to work every morning and think that we didn't like it. We've given 5 days a week taking into account morning and evening traffic. We were able to spend a maximum of 15 days a year.
Mostly we were unhappy at work. Because we had to go to this workplace in order to pay our expenses.
3-6 months break was not in question. Because 15 years of banking professionals who left their institutions in some way after more than 3 months of work cannot find a job, the other banks are no longer hired to work.
It is clear that the working and life balance of the employees works against the employee.
We have to pay our bills and mortgage loans by selling our limited time. However, our time in life is limited and limited. In the Gig economy, employees can work wherever and whenever they want, and sometimes spend as much time as they want in their lives. They can take a 6-month contract and then give them as many breaks as they want.
Because they do what they do and they have plenty of time to improve themselves, they can develop their competencies much faster than regular employees, and they can gain new competencies. Thus, while the employees have to repeat themselves constantly in the same work with a regular job, the contract workers are constantly developing.
Since they are involved in different projects, they can gain expertise in different branches. They are far more successful than they follow where the economy and the Earth go.
Change in the world has accelerated. The idea of ??change needs to be reconciled and harmonious. Instead of resisting the moment of change, what skill set is needed for the new situation, it is necessary to strive to get it, and even before that skill gets change, and when change comes.
The concept of “Gig Economy “ is an important concept that will affect us all in the future. Then we should get to know it very well and start preparing ourselves for the future.
I wish everyone a healthy day.
Yours truly
Bülent İlkehan
0 212 371 86 48
bilkehan@argusdanismanlik.com
www.argusdanismanlik.com