About 2.5 million Australians are now employed on a casual basis, according to The Australian Bureau of Statistics. That’s more than a quarter of the workforce.
What is the gig economy you might ask? The gig economy is an ever-increasing group of people who are choosing to no longer work 9-5 for one employer in favour of working independently on a task by task or project by project basis for a variety of employers. Think Airtasker, Uber or Fivver.
The gig economy not only suits these types of roles, but there is also a growing number of contract roles for people with senior specialist experience in niche areas. These people jump into an organisation for a contract, then jump out again. They might even work with 3- 5 organisations at the same time. For organisations who can’t afford a full-time senior person this is a great option, for senior people with ‘in demand’ skills, this works well for them too.
People selecting this form of employment range from millennials to baby boomers, parents and carers to those tired of corporate life and long hours to those simply wanting a different, better form of working.
The gig economy is likely to continue to grow as technology changes the way we work. This is likely to mean traditional corporate structures may need to adjust, as temporary employees join core teams. As recruiters and hiring managers, we need to be mindful that this type of work typically adds great skills and experience to employees and not view their lack of tenure with one employer as a negative.
I’ve even noticed that more and more people also have a ‘side gig’, looking to multiple income streams as a way to secure their salary and career. The way we work is changing for sure. For me I see this as really exciting.
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