In short, the gig economy is one in which contract, freelance, and short-term jobs ("gigs") are common as opposed to traditional full-time jobs. According to Intuit, an estimated 43% of the US workforce will be participating in the gig economy by 2020.
There is no doubt that the gig economy is here to stay. While we can spend time debating the pros and cons of it, ultimately companies are going to need to find ways to adapt. Here are a few ways you can do just that.
Look at your benefits. Consider why “giggers” choose their path. Many times it offers work life balance and flexibility. Is it possible you can offer something similar to your employees? If so, it can help keep your team on board for the long haul.
Hire a temp. Hiring a temp is a great way to complete special projects and short-term needs without overworking your staff. Interim staff, with specialized experience, can often be found in just the areas you need.
Consider using a Virtual Assistant. Virtual Assistants can meet your needs remotely, saving office space and many overhead expenses. Data entry, bookkeeping, calendar management, transcription and translation services are just a few examples of tasks Virtual Assistant can handle.