One thing that is certainly true is that the gig economy isn’t going anywhere. Whether your company has temporary or permanent workers, consumer habits have changed and they have now become used to getting what they need and want delivered straight at their doorstep.
The gig economy has impacted business in three main ways…
1. Workers are demanding more flexibility
May freelancers welcome the idea of autonomous working and being able to create their own work schedules. Even while your workers may take a while to leave their jobs and become full time gig workers, it is quite obvious that the flexible working hours have become a major attraction.
Even so, many companies simply can’t match up to the flexible working schedules that freelancers get. That’s said, more and more thriving companies are ditching the traditional strict working schedules.
In fact, it has become a competitive factor in the job market so if your company isn’t offering flexible working hours, your competitors might have an edge over you if they are offering flexible working hours.
In order to reduce employee turnover and attract some of the best employees, the company should come up with methods on how to provide flexible working hours to employees. This makes the employees feel more loyal and as a result will become more productive.
2. Consumers now expect more
The gig economy has shown customers that they are able to get what they want and when they want it. Companies that are smart know how to leverage this by including an on-demand strategy to their business model. This gives them an edge over their competition.
If you have your own business, then you could be wondering if there is a way that that you could take advantage of the gig economy. In truth there is always a market for any skill that you have that could earn you some money. Chances are there is an opportunity for your business too.
People are willing to pay extra to have their items or orders delivered to them and this can give you an edge if you know how to take advantage of this.
And if you are still looking for ways to take advantage of the gig economy, you can read through the feedback of customers starting with when they were searching for products until they make their purchase.
3. There are plenty of resources at your disposal
One of the main advantages of the gig economy is that it allows businesses to provide an enhanced customer experience all while putting less strain on your business.
Look at it this way, it is expensive to hire permanent workers, add in the fact that they are full time and will also require you to pay benefits.
The great thing is that there are plenty of people who are looking for short term gigs. They will have the right qualifications, will need less training and will help your business accomplish its goals.