According to a story in The Wall Street Journal, the number of workers in “alternative arrangements” has climbed to 16% of the U.S. workforce (from less than 10% in 2005).
- WSJ’s reports that the Department of Labor has four categories of “alternative work” ... independent contractors, on-call workers, temporary workers and workers employed via contract firms.
- A study by Alan Krueger of Princeton and Lawrence Katz of Harvard shows “gig economy” workers are in manufacturing (11%); health and education (16%); public administration (10%).
A couple of examples from “our world” ...
- I’ve been consulting with a small, national association. In reviewing its current management structure, I noticed that an outside contract employee consumed 21% of its total staff hours.
- Just before selling my AMC, a larger international corporation contracted with me to provide two staff for its business. We were able to (a) increase the salaries of the two staffers and (b) reduce the cost to the company.