Why the shift is happening now - Deepstash
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Why the shift is happening now

Freelancing is an opportunity for people to restructure their lives.

  • The pandemic showed that flexibility and continuous learning is important for job satisfaction.
  • Contingent work allows people to scale their workload, give them control over their work hours, income, career paths, and enable them to build client networks across geographies and industries.
  • Freelancing can help diversity income and provide cash flow for undertakings like building a startup or writing a book.
  • Another attraction is the flexibility to relocate to more livable areas and away from overpriced metropolises.

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The volatile labour market and economy

The volatile labour market and economy

COVID-19 caused millions of people to leave the workforce, leading to the Great Resignation. A secondary wave of reevaluation has hit the workforce, causing more workers to quit their jobs and creating labour shortages, especially in IT, software engineering and healthcare.

Economis...

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Why there is a shift

  • Disruptions and black swan events like COVID are catalysts for forcing change that has been simmering for a while. COVId-19 accelerated changes that were gradually growing.
  • The biggest benefit of contingent labour is cost savings as...

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What the data reveals

  • In a 2019 survey by SAP Fieldglass and Oxford Economics, 48% of executives said they need contingent workers to conduct their business. Non-payroll workers made up almost one-quarter of their human resources spend.
  • Internal data from Toptal shows that requests for co...

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The role of contingent talent networks

  • Digital labour platforms help to build efficiencies that drive strategic recovery and success.
  • Contingent talent networks can give skilled freelancers as much or as little work as they want and offer a range of projects.
  • Global staffing compa...

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