How the gig economy can grow your business
This year has proven to be far more challenging than most people and organizations are used to. Across the world, everyone is rightly looking for a better way to ensure their economic survival.
In times of unknown circumstances and general evolution, innovation and adaptability are always required. Here are some examples of how organizations can ensure they not only survive, but also grow and thrive, by joining the gig economy in 2020.
How to save money by using a gig platform
Participating in the gig economy allows companies to reduce their costs by ensuring a smaller workforce. Furthermore, organizations can save up to 30% on each individual payroll cost by using platforms that provide administrative tasks. The platform economy is constantly growing and now offers various services at a minimal cost.
This allows companies to reallocate resources, previously reserved for payroll costs, to other areas of the organization in need of financial resources.
Hiring gig workers improves the quality of your services
By working with gig workers, the company can grow and thrive as the company will often get new development ideas from its gig workers. Reflections and observations from others with experience in the industry are always valuable when assessing the current status of the organization and its future.
Save time with HR administration
Many companies can also benefit from being able to spend more time on other areas, such as leadership, instead of spending these hours on endless administrative tasks. One way for businesses to free up more time for more important areas of work could be to use gig platforms. Technological advances in the industry are huge and have enabled companies, like Gigger, to offer workforce planning and payroll services.
Furthermore, companies can also create their own employee pools where they can assign tasks and search for gig workers on the platform through the matchmaking service.
With all these solutions available through one platform, you can finally free up the extra resources needed to focus on other tasks that enable more effective management and business expansion.
Find highly skilled gig workers
Finally, another way in which your business can develop is by participating in the gig economy, which gives you access to a wider range of talented individuals to choose from when outsourcing a task.
By implementing the use of a gig platform, you can select the candidate best suited to the task, regardless of location - this is especially true for tasks that do not require the gig worker to be physically on site.
The gig economy offers organizations the opportunity to be more flexible by allowing them to retain more of their valuable resources; namely - time and money. This year, such measures have become even more important; and one can only be grateful that the gig and platform economy has evolved enough to provide such supporting services.
To find out more, read our report on the areas of development in the industry.
We also recommend the following study "Analyzing and Quantifying the Platform Economy in Sweden" by Free Trade Europa.