The gig economy has become a major disruptor of the traditional employment environment, changing how companies conduct business. The phrase "gig economy" describes a labour market where short-term contracts or freelance work are becoming more common than long-term permanent employment.
Sixty percent of C-suite executives expect gig workers to substantially replace full-time employees at their company in the next three years, according to Mercer’s 2022 Global Talent Trends report.
Clients of RecruitMyMom have seen multiple benefits in hiring our expanding talent pool of skilled independent contractors. The skills are varied and of an exceptional calibre. And best of all they save your company money. What many business leaders don’t realise is that the gig economy supports a company's growth in the competitive market of today.
Gig work is beneficial and is advancing the growth of small and medium businesses globally and in South Africa, this is why:
Unlock the power of a diverse talent pool
Immediate access to a large, global and diversified talent pool is one of the biggest benefits of the gig economy for organisations. Independent contractors and freelancers bring a variety of ideas, experiences, and skills to the table. Businesses can greatly benefit from this diversity by forming specialised teams that are best suited for particular tasks or projects. Companies can readily discover expertise in a variety of industries thanks to the gig economy, giving them access to skilled talent that might not be present in their traditional staff.
At RecruitMyMom our pool of independent contractors is largely female, from different ethnic and socio-economic backgrounds.
Gain flexibility and scale quickly
Traditional employment models frequently have a hard time adapting to changing workloads and market demands. However, the gig economy gives businesses greater scale and flexibility to meet rising and falling demand. Companies can quickly scale their staff up or down based on project requirements by hiring skilled freelancers and independent contractors. Without being restricted by the constraints of a permanent workforce, this scalability enables organisations to react quickly to shifting market conditions, reduce risk and embrace new possibilities. Businesses that can scale swiftly stay adaptable, efficient, and competitive.
The gig economy offers businesses significant savings in expenses in addition to scalability. Employing full-time employees requires an array of costs, such as salary, benefits, office space, equipment, and more. On the other hand, independent contractors are responsible for their own overhead expenses, including those for an office, resources, and whatever else is needed to work effectively.
Our clients dramatically lower their overhead costs by hiring gig workers. Additionally, hiring independent contractors on a project-by-project basis can frequently be less expensive than a permanent workforce, particularly for quick turnaround or specialised projects.
At RecruitMyMom we make hiring independent contractors easy. We vett all our contractors and many have worked with our clients for years. We will help you lower your risk of hiring a bad contractor.
Obtain immediate expertise on demand
Staying ahead of the competition in today's fast-paced business climate frequently calls for specialised expertise. Our clients have access to professionals in a variety of industries through the large pool of contractors on our database. We supply specific skills and knowledge as needed. Clients can locate specialists with specific skills to deliver outstanding results in any field, wiithout having to spend money on in-house expertise that may not be needed on a regular basis, our clients are able to stay innovative and competitive thanks to this access to expertise on demand.
Enhance your productivity and efficiency
Hiring independent contractors that add immediate value will increase your productivity and efficiency. You can assign specialised projects to individuals with the necessary experience by utilising the skills of freelancers, freeing up internal staff to concentrate on their core company operations. Due to their honed specialisation, independent contractors frequently have the necessary skills to finish tasks efficiently and effectively.
The gig-economy emphasis on task-focused hiring drives independent contractors to meet strict deadlines while producing excellent results. As a result, businesses can increase productivity, shorten time to market, and streamline processes.
Unlocking business growth: How RecruitMyMom's independent contractors can supercharge your success
RecruitMyMom offers various permanent and contracting services including a large database of independent contractors specialising in various fields. These include, but are not limited to paid search, copywriting, programming, project management, digital marketing, accounting and finance, back office and mid-office support, sales and many other skill-sets.
Businesses now have exciting possibilities for success in a world that is changing rapidly due to the rise of the gig economy. The gig economy is anticipated to become more significant in determining the future of work as technology advances. Let us help you to benefit from this growth in a risk-free way.