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[...]
On Tuesday night, one of the most controversial and emotionally charged elections came to a close. Republican nominee Donald J. Trump emerged victorious as the nation’s new president elect. The policies of the past eight years will likely change, some dramatically, if Mr. Trump can carry through on the promises he extended to his base. And even though a president’s primary role is to command the country’s military, his influence over Congress, and ability to implement certain executive orders, place him in a pivotal role to help shape legislative, economic and regulatory policies. Ultimately, those outcomes will set the course for the U.S. workforce in the coming years. Let’s take a look back at President Obama’s employment legacy and how the positions of President Elect Trump could sustain or alter it for tomorrow’s contingent workforce programs.
The Republican National Convention just came to a close, and the predominant theme of the event (though it was often derailed by other issues) was “Making America Work Again” -- work in the sense of jobs, not necessarily governance. The economy’s recovery from the crippling recession of eight years ago has been anemic. Presidential candidates in both parties are putting the challenges of employment at the forefront of their presentations. The future of gig talent is a pronounced topic of discussion. Yet there remain countless questions that must be addressed. Despite anecdotal cases, labor regulators and economists can’t agree on how to define the gig economy. They cite the absence of systematic evidence to show the true number of participants and how they perceive their jobs. The most pressing matter for legislators centers around independent contractor compliance. Let’s look at each candidate’s position on this new workforce arrangement and the influential role MSPs could play.