Millions of young Americans are experiencing a “quarter-life crisis.” They understand that the economy and the nature of work have changed forever. Talent today want more bang for their buck. They want to leave a mark, make a contribution, have a purpose. In short, they’re seeking a calling more than a career. They crave meaning, autonomy, and exploration. Managing one’s vocation successfully is no different than managing a business. And that’s why the contingent workforce has the power to[...]
I’m a huge fan of Oregon Ducks football. I’ll just put that out there for anyone who doesn’t know me yet. So I was doubly interested to hear Hall of Fame safety Chad Cota join the “Recruiting with Andrew Nemec” radio show to discuss, well, recruiting. As Cota described, coach Willie Taggart faces hiring challenges that aren’t much different than those we confront every day. “There are two generations that any coaching staff really has to ingratiate themselves to when they get started,” Nemec explained. Naturally, members of the millennial generation occupy a big amount of that focus. However, by engaging alumni, every aspect of the talent acquisition, onboarding, and acculturation process becomes more optimized. Cota said the way in which Taggart maintains and utilizes his network of former players has made all the difference. Let’s see how we can capitalize on that same approach.
Whatever you call it -- the gig economy or the sharing economy -- this “as a service” employment model is here to stay. It’s growing, in fact, with advocates on both sides of the spectrum: the employers and the talent themselves, who are discovering the benefits of independence and stronger earnings. Yet somewhere in the middle lies the gray area of payment processes, performance management, billing, classification, adherence to regulatory policies and fair treatment. In the end, the trillion-dollar question becomes, “How do we manage a workforce made up of non-traditional talent?” Fortunately, the answer isn’t new or novel. MSPs have been immersed in these issues since their inception, and they continue to innovate. Partnering with MSPs could keep your gig economy boom from going bust.