Contingent workers do not work for a company full-time but they instead provide services temporarily or part-time. Read the complete definition from Borderless.
Businesses are adapting to faced-paced markets by diversifying their employee structure. Many are hiring full-time employees along with engaging independent contractors and other types of help. Among these are contingent workers, who are also known as freelancers or gig workers.
Contingent workers do not work for a company full-time but provide services temporarily or part-time. They usually work on specific projects or lend a specific skill set to their employers. Often, they take on short-term contracts.
Freelancers
Freelancers work independently on a project basis. Often, they are self-employed. They may have a roster of various clients and tend to prefer a flexible schedule where they manage their own time.
Independent Contractors
Employers engage independent contractors to complete specific assignments or tasks for a fixed period of time. They may work with several companies but remain responsible for their own taxes and benefits.
Temporary Workers
Staffing agencies tend to manage temporary workers and assign them to companies for a short period of time. Temp workers fill in short-term gaps in the client’s workforce.
Consultants
Consultants are experts in their respective fields who offer specialized knowledge and advice to businesses on a contract basis.
Contingent workers play a crucial role in the modern workforce. They offer businesses the flexibility, skills, and creativity needed to navigate a dynamic and ever-changing marketplace.
As companies continue to embrace this trend, they must also proactively address the challenges associated with onboarding short-term workers.
We make it easy to onboard contractors, freelancers, and contingent workers without the need to worry about complaints. Our in-house experts have the know-how to keep you compliant while you scale your projects around the world. Book a demo now.