Companies are continuously trying to maximize efficiencies and cut costs in order to increase profitability. With labour being one of the biggest expenses in business, it’s only natural that companies would start looking for innovative ways to get work done more efficiently at lower costs, which is how the contingent workforce was born. What Is a Contingent Worker ? Contingent workers are defined as freelancers, independent contractors, consultants, or other outsourced and non-permanent workers who are hired on a per-project basis. They can work on site or remotely. However, they are not simply temp workers—this discounts the high-value nature and complexity of today’s contingent workforce. Contingent workers are highly skilled experts in their fields. These workers are hired to complete specified tasks under a statement of work (SOW) provision. Once the project is over, they leave, though they may be called back when another project arises. As such, they are not employees of ...
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