What The Rise Of The Freelance Economy Really Means For Businesses

One of the most exciting discussions surrounding the workforce today focuses on the rise of the freelance economy.  As more workers pursue the flexibility of independent careers and more companies pursue an on-demand workforce to scale labor efficiently, the industry is buzzing about what the freelance economy will mean for the labor force overall.  While many have focused on online staffing and its impact on the traditional staffing model, I believe the real focus of the discussion should instead be on the shift in the human capital paradigm to include the emergence of freelancers (also known as independent contractors).   Moreover, I believe we will see independent contractor workstreams (which includes freelancers, consultants and other on-demand workers that are not managed by staffing firms) become a critical part of comprehensive talent strategies, which is where I believe we will  see true disruption and innovation in the labor economy.