Studies are finding that an unexpectedly large and growing percentage of the working population are seeking the benefits of employment outside traditional employment arrangements. Recent studies by McKinsey, Kelly Services, and MBO Partners show as much as 30+% engage in independent work, the vast majority (70%) by choice. Among the benefits touted for shunning the traditional 9-to-5 include:
• Ability to control their own schedule (54%)
• Access to use latest technologies and equipment (44%)
• Freedom from boring routines and ability to find new challenges (32%)
Fueling the rise of independent work are rapidly evolving digital platforms that are efficiently mating experienced individuals with professional opportunities. Also traditional employers are finding many benefits of finding specific expertise outside their in-house staff to provide mission-critical expertise.
A common perception is that the on-demand talent economy is driven by trade workers and staffing. These studies, and our 35-year of managed delivery experience, are strong evidence that it is also a preferred choice for project-centric organizations and highly educated and experienced professionals, and these ranks are rapidly growing.
What was once thought of as an option for risk takers and second career professionals, the on-demand economy is quickly becoming the preferred choice for talented individuals regardless of their career stage.
SMA has been a pioneer for providing high-value professional services to the Fortune 200 for over 35 years. For information about professional opportunities in the emerging on-demand economy, contact us.