12 Days of Trends: Gig Pool / Just-in-Time Staffing

We’re counting down to 2020 by sharing 12 days of emerging workplace trends! Learn what trends our top global contributors are most excited to see evolve in the new year. 

Trend 9 of 12: Kay Sargent believes that as labor shortages intensify, companies will increasingly consider part-time workers to meet current and future staffing demands.

staffing

Hiring full-time staff is still the preferred employment model in the U.S. But as the labor shortage intensifies, companies will increasingly consider part-time workers to meet current and future staffing demands. Contingent workers currently make up 36 percent of the global workforce and, at current growth rates, are anticipated to represent the majority of the workforce by 2027.

The growing gig workforce creates opportunities for companies to rethink their hiring practices and create pools of just-in-time workers to supplement a core group. This enables them to tap into a variety of skill sets without having to hire full-time employees or overburden current staff because of conservative hiring philosophies.

We predict the emergence of a swipe-for-hire model for engaging consultants. This “Tinderization” of the workforce will begin to replace the traditional practice of hiring consultants based on a fixed rate per hour. A dynamic pricing model is likely to include surge pricing for periods of peak demand and specialized expertise.

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