Uber is just the tip of the iceberg: The gig economy is leveraging the human cloud
April 30, 2016
Grazed from YahooFinance. Author: Editorial Staff.
We’ve all heard of Uber and Airbnb, but those companies are just a fraction of the new gig economy, which is made up of part-time workers and freelancers. A study by the JPMorgan Chase Institute reveals that the number of current gig workers has grown 10 times since 2012 and that 4% of adults in the U.S. have at one time worked in such a capacity.
Talent on tap
According to Mike Wachholz, president of Pontoon Solutions, there is a dramatic transformation underway in how we think about work. “What we’re seeing is the unprecedented rapid change in speed, complexity, and transparency in the job market … Both companies and job seekers are seeking ultimate flexibility in their engagement model with each other,” says Wachholz…
The gig economy is about flexibility. Employers can access the type of talent needed on demand in various markets and various regions. Workers no longer have to work onsite as full-time employees. Wachholz says, "You have the ability to leverage part-time workers, freelancers, both in-country and out-of-country—onsite, offsite. It really opens up the landscape for a deeper talent pool for an organization."…
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