Articles

How is the Gig Economy Affecting HR

by Anamika Bisht Recruitment consultant
Who Are Gig Workers
Gig worker means independent contractors, online platform workers, contract firm workers, on-call workers and temporary workers. Gig workers enter into formal agreements with on-demand companies, for example Uber, TaskRabbit, to provide services to the company's clients.

Thinking about policies, systems, and processes; HR will play a vital role in defining how the organization reaps benefits from the Gig Economy. By devising temporary employment strategies that would attract gig workers, organizations can improve their performance while enjoying multiple benefits.

Compliance
Having a large workforce of permanent employees is steadily becoming difficult. To attract those who are still in compliance with the old set of employee rules, the HR will require to streamline the concept of ‘employee first’.

Talent Pool
Maintaining a quality talent pool will soon require HR to ensure that the environment is beneficial for both permanent and gig workers. Today, most of the employees who are working in permanent jobs, have one or more side gigs in place already. If the work environment is not friendly enough to support the balance in their lives, they may shift faster to being full-time gig workers.

Inspiring Growth
Most of the organizations have kept business growth as the primary motive until now. But, in an era that involves professionals who look for synergic growth with the organization as their reason to onboard themselves, the perspective of the organization needs to rapidly transform. A business that supports its employees’ growth as much as its own in the form of promotions, privileges, rewards, and increments will enjoy a better talent pool in-house.

Technology
Primarily dependent on technology, the Gig Economy impacts future hiring with the increase in accessibility of businesses over mobile phones, contracts, interviews, hiring, deliverables, and even payments, becoming easier. To successfully enroll gig workers to your projects, the HR needs to become tech-savvy. This will surely increase the burden on HR teams, but can be beneficial as well.
Automation is one aspect that can benefit HRs in making their work management easier while ensuring optimum quality and timely deliveries. OCR and other online tools can also help fasten the process while reducing manual paperwork.

This will give more time to HRs to manage the new-found workforce of the Gig Economy efficiently. Not only will it leave more breathing space for the HR managers, but it will also enable the executives to handle the tasks better in terms of quality, quantity, and timelines.


The most important aspect that HR must keep in mind for this change is to educate existing employees about the transformation, by coaching them and making them more accepting of this new staffing ideology.

and we can do that !!

Pacific Consulting is a premier global HR consulting firm, part of Pacific Ventures Group, with a group turnover of over USD 20 Million. We have 20+ years of industry experience (IT Staffing, Consulting & Telecom), and have served over 140 world-class, quality-growth-oriented clients.

About Anamika Bisht Junior   Recruitment consultant

2 connections, 0 recommendations, 10 honor points.
Joined APSense since, December 19th, 2019, From New Delhi, India.

Created on Jan 28th 2020 00:42. Viewed 76 times.

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