s has long been predicted by leading industry analysts, the contingent workforce has shifted and expanded significantly over recent years and looks set to continue its growth trajectory into the foreseeable future.
A CareerBuilder survey found that 36 percent of businesses will engage contract or temporary workers in 2012, up from 34 percent for 2011, 30 percent for 2010, and 28 percent for 2009. Areas of demand for staffing and recruiting positions include health care, information technology, clerical, and managerial positions.
The demand is unlikely to be short lived either. Recent research by Mavenlink suggests that the contingent workforce will grow to make up around 40 percent of the entire workforce by 2020.
Economic pressures on companies are a factor in the growth of this workforce with approximately 35% of American firms operating with smaller staffs than before the recession. Hiring temporary workers enables companies to remain agile and meet their demands without the commitment of hiring “permanent” workers.
However, the growth isn’t just employer driven. Many individuals are actively choosing to become project-based, contingent workers in favor of working a traditional job. According to a recent survey conducted by Randstad, 31 percent of workers opt to do contract or temporary work for schedule flexibility, 28 percent do so for better pay, and 21 percent choose to be an independent worker to have autonomy over their own career path.
In fact, the Randstad survey also showed that 54 percent of contract workers are content with their pay versus 42 percent of permanent employees that state the same, while 61 percent of freelancers surveyed by Elance say they’re actually happier working as independent professionals. If you’re considering becoming an independent worker, here’s some tips on how to compete in the contingent workforce in the future:
For the latest contingent workforce news and trends, visit http://www.emergent.com/news/