Innovation in a recession
The UK is heralding the flexibility & creativity, for which contractors are known, as the potential savior of UK economy.
UK organisations start to appreciate the benefits of a flexible contractor workforce, and …the positive impact interim executives and IT contractors are having in achieving technology innovation within large organisations, despite reduced budgets.
“The UK workforce has demonstrated unprecedented flexibility during this recession,” comments Keep Britain Working founder James Reed, “allowing organisations to explore a whole range of cost-cutting responses, other than relying solely on redundancies.”
The benefits of outsourcing and contract work are also being recognised here in Aotearoa as 63% of White-collar New Zealander’s look to sacrifice the security of nine-to-five salaries in order to head out on their own as private contractors.
As companies continue to let staff go and struggle to contain costs in the face of falling profitability both workers and employers are beginning to recognise that full-time permanent employment is not necessarily the most effective or efficient way to get work done.
The Benefits of Outsourcing Projects & Contract Work
By outsourcing work to private contractors businesses can get work done and maintain productivity while minimising payroll expense. While “employment” may by comparison seem safer, more secure, working as a private contractor also promises better pay and the flexibility to live a more balanced, family orientated lifestyle.
Future Models of Flexible Work
At Worknow we support a more entrepreneurial work ethic and are developing ways to help people find and connect with project contract work opportunities.
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