The interconnected labor market that is part of the so-called “gig economy” – where people buy and sell services and projects through online platforms – could reach nearly $ 63 billion globally by 2020.
Comprised of professional and freelancing networking platforms, remote work applications and global teleconferencing platforms, the interconnected labor market accounts for 2% of the total recruitment market.
QuiGig believe that companies have started to build their human resources development strategy based on the growing popularity of a self-employed career, employing a variety of people, depending on the needs that arise in the company. It is a world where companies are put under pressure by the dynamic and innovative entrepreneurial firms that focus on technology that connects the online workforce. Additional information here.
These companies have a core team that promotes the company’s principles and values, using the technology that connects the workforce to attract the rest of the project-based professionals only when needed.
The labor market is changing. The contracting of services is preferable to full-time employment contracts in many situations due to the flexibility, autonomy and control they provide. The world is increasingly using interconnected labor market technology to decide where, when and for whom it works. In the next five years, we may end up in a situation where people are more likely to appear on the labor market as members of a certain professional network or knowledge connoisseurs, rather than as employees of an individual company. This new technology helps companies become more agile, efficiently manage their skill needs and respond to market changes. However, the rise of interconnected work raises a number of questions about the future social protection related to jobs – such as pensions, social and health care. How will they be secured and how can employers look after the ever-changing workforce? This requires a wide public debate in order to adapt the social and health insurance system.
Today, from an economic point of view, digitization (new technologies and the internet) is quantified by: reducing purchasing time, lowering costs for consumers (and companies), and increasing safety at work. But digitization also has significant costs. The business model is changing, and the plus-value creation process will require other types of skills, of which we can distinguish two categories: “digital” skills (general and specific, depending on the technology used) and emotional skills, such as empathy, etc.
The expression of the self and autonomy (freedom) dominate the system of values of most of the employees. At the same time, most employees need the job security and stability. Morality and work are on the last two places in the hierarchy of their values
Breaking away from the past means, more than ever, building new individual virtual realities. And now this is possible. “Connections” provide access to universal knowledge to over three quarters of the world’s population. And this ongoing phenomenon means “democratization of knowledge”. In theory, everyone has access to knowledge. And, if we think better, it means that the elites and the specialists, as we see them today, will disappear within a certain time horizon.