As the “gig economy” is accelerating, how should our business adapt to these changes?

Q

As the “gig economy” is accelerating, how should our business adapt to these changes?

A

Estimates vary, but PricewaterhouseCoopers (PwC) believes that by 2020, 30% of the UK’s workforce will be working freelance in the gig economy which means nearly 10 million people will be freelancing in just three years. For facilities managers (FMs) who have always, to a degree, managed an element of contingent workers, this shift in the labour market could have a profound impact on their businesses or organisations.

The whole process of hiring new staff may need radical change. Today, freelancers are often hired on an ad hoc basis by line managers to fulfil specific short-term roles. In the near future, a competitive marketplace for contingent workers will mean HR and facilities management will need to work closely together to locate and hire the right people. Hiring a freelancer can take just hours, whereas a full-time employee could take months to locate with a corresponding overhead cost.

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