How to manage workers in the gig economy
The gig economy continues its rapid growth, with nearly 35 percent of today's workforce consisting of nonemployee workers as of 2015. The fast-paced growth of these non-traditional workers has businesses scrambling to develop strategies to manage them -- and much of the responsibility has fallen on the desks of HR workers. However, there are efficient ways to manage these atypical workers without overburdening the HR department with more paperwork.
Enter PEO, or Professional Employer Organization, a growing trend in which businesses partner with a third-party service to outsource a lot of the maintenance work that can come with employees. The theory is that PEO systems can free up HR to spend time on developing company culture, fostering engagement and moving the company forward. "PEO systems allow small and midsize companies to access technology that would normally be cost prohibitive for companies that are not larger enough to support an IT budget," says Andee Harris, chief engagement officer at HighGround, a human capital management provider and an organization that currently uses a PEO system.
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