An Intuit report estimates that by 2020, more than 60 million Americans will be contingent workers. With long-term employment giving way to contract workers, 87% of executives leading global HR have already changed or plan to change their talent-sourcing strategy to find both contract workers and experienced employees. That includes farming out temporary work through freelance platforms like Odesk and marketing and product development through creative crowdsourcing platforms like Tongal or Quirky.
dependent on both collaboration as well as competition
Lydia Dishman, Fast Company, April 16, 2015 on business ecosystems, Deloitte Consulting uses term "ecosystems" and has new report--Business Ecosystems Come of Age.
Intuit report on contingent workers is cited. Two points: temporary work through freelance platforms like Odesk and marketing and product development (projects) through creative crowdsourcing platforms like Tongal or Quirky.
Tucked away in the pages of a new report by the U.S. General Accounting Office is a startling statistic: 40.4% of the U.S. workforce is now made up of contingent workers—that is, people who don’t have what we traditionally consider secure jobs.
It reinforces estimates of the independent workforce that have come from observers ranging from the Freelancers Union to Faith Popcorn
people in this workforce are struggling economically
In its push for growth, Upwork faces competition from a growing number of other freelance platforms, ranging from general marketplaces such as Freelancer.com and People Per Hour to industry-specific ones, such as 99 Designs.
article by Elaine Pofeldt, Forbes contributor, May 25, 2015, on 40% of the workforce working in "contingent" jobs as contractors, project employees, part-timers, on-call, agency temps, contract workers, etc. according to new GAO report.
Great article by Art Koff at Next Avenue on how to find jobs in retirement using the temp job, part-time, volunteer, project routes of entry. Sounds perfect for ECO members!
Excellent blog post by Nancy Collamer, April 3, 2014 in Next Avenue identifying her top ten job sites online for finding alternative-work (part-time, project, etc.)
The old rules of work applied to an economy of factories and offices, a world of "standard," stable employment with large employers, over careers with more or less predictable trajectories. The new rules belong to another universe—flexible, precarious, and entrepreneurial, less and less tied to specific times, places, and employers.
Old Rule: You have a full-time job with benefits.
New Rule: You go from gig to gig, project to project.
Old Rule: Work is "9-to-5"
New Rule: You’re on call 24-7.
Old Rule: You commute into an office every day.
New Rule: Work can happen wherever you are, anywhere in the world.
Old Rule: Work-life balance is about two distinct, separate spheres.
New Rule: For Better Or Worse The Line Between Work And Life Is Almost Entirely Disappearing.
Old Rule: You work for money, to support yourself and your family.
New Rule: You work because you’re "passionate" about a "movement" or a "cause"—you have to "love what you do."
I do have an hourly rate, but it’s only a jumping off point for project pricing. I also factor in the incredible amount of experience and knowledge that comes along for the ride, something you ought to do as well.
But it’s amazing how many talented people will work on spec (you only get paid if the project is picked up) or lower their fees to a ridiculous level. Once you lower your fees, you just cheapened your value and said, “I’m not worth that much.” That’s a tough hole to climb out of.
interesting look at growth of niche job boards based on DoL projected growth in sectors such as in health, retail sales, secretarial and admin assistance, construction, etc.. post by Mary Hiers for RealMatch.com
But what impact does this new more virtual workforce have on employee engagement and development? That question is increasingly on the minds of leading employers, as telework moves from the fringes to the mainstream for talent-minded companies.
The workforce is currently in a period of significant adjustment – moving from one way of doing business to another. While workplace technology has caught up to this new remote working style, the leadership and management practices of most institutions still need refining to support this new workforce.
Development: Conscious and Culturally Competent Management
Companies that use this approach to pro bono engagement – placing their emerging talent in the hot seat of managing that challenge to test and develop their flexible leadership capabilities, while simultaneously delivering real value to nonprofit organizations, are earning a return on talent that far outweighs their investment in such programs.
Engagement: Loyalty and Purpose
n response, Common Impact has championed ”virtual skilled service” as a solution and an equalizer in this environment. Most team-based nonprofit consulting projects can take place almost entirely remotely – particularly with the advances in video conferencing that make far-off colleagues feel closer. When everyone on the team is engaging virtually, it removes the feeling of being the “other” that remote or flex-time employees can sometimes have. We’ve seen, to our surprise, that our nonprofit clients gravitate towards these virtual engagements as well, allowing them to engage their increasingly remote workforces and make the most of everyone’s limited time and capacity.
Nice blog by Danielle Holly, Common Impact, on engaging remote employees and skilled volunteers with good sources cited in the article, May 17, 2016. If everyone is remote, everyone is equal, but skilled management is still needed.
Deloitte Consulting completes the value exchange tool to show why it allied with New Profit, Inc. a leading venture philanthropy fund for three years. Brilliant use of graphics in tool--example, empty, and completed, that shows how partnerships between for- and not-for-profit entites should be evaluated before commitment.
Choosing whether and how to partner is made easier by viewing any potential partnership arrangement through the lens of four contributions that an organization might provide: reach, assets,
reputation, and capabilities. The Value Exchange Tool is a simple method for considering what a partner could potentially contribute, stacking up what a potential partner brings, and representing the value exchange at the heart of the partnership in a single visual.
Large number of categories for freelancing services--web,mobile, and software development, design & creative, IT & networking, writing, admin & virtual assistant, customer service, data science & analytics, translation, etc.
Some businesses now avoid hiring full-timers for accounting reasons, says Cappelli.
"The way accounting systems are set up, a company is better off not hiring," he says. "Accounting systems don't like fixed costs, so companies prefer bringing people in on a contract basis."
Nacie Carson, author of The Finch Effect: The Five Strategies to Adapt and Thrive In Your Working Life, describes this phenomenon as "the Gig Economy." In her article on Next Avenue, "Redefine Your Career," Carson urges professionals to adapt to it by developing a "gig mind-set" and looking for short-term projects.
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