With the Covid-19 pandemic-driven upswing in job modifications, rise in entrepreneurial mindset and ease of working from anyplace or distant places, the way forward for the company office is all about leveraging the gig workforce.
IndusGuru (a web based curated platform of freelance professionals) performed a analysis survey with greater than 50+ firms from diversified sectors akin to FMCG, well being, infra, manufacturing, skilled providers and many others. on the way forward for workforce hiring practices in India and organisational developments in hiring gig abilities.
According to the survey, the following 2-5 years will see a rising pattern of gig professionals being engaged in India near 50 per cent, primarily at supervisor and government (mid-career stage) positions.
The report tasks about 65 per cent or 2/third of the businesses surveyed are already participating gig professionals, primarily in FMCG, pharma, BFSI, providers trade, manufacturing, expertise, and BPO sectors.
The organisations are additionally keen and eager to interact freelance professionals when they need:
- expertise for interim/project-based roles
- to construct short-term flex capability
- to construct new capabilities
Several latest reviews have projected that the whole demand of the gig workforce is anticipated to develop at a CAGR of 17 per cent within the subsequent 2-5 years.
How are the gig–professionals sourced?
The findings say it’s nonetheless largely a casual course of, with ‘word-of-mouth’ taking part in a big position. About 61 per cent of the present gig workforce engaged are sourced via reference/phrase of mouth and rising freelancer platforms contribute to 26 per cent.
The survey additionally measured components that firms ought to contemplate to onboard a gig skilled.
Companies valued high quality and track-record as an important parameters to work with a gig skilled. Around 36 per cent of the contributors valued the standard of the advisor/professional, whereas 24 per cent valued a monitor file of purchasers served.
While projecting the way forward for the skilled gig economy, 60 per cent of firm contributors imagine that versatile, part-time, and contractual hiring is prone to be essentially the most outstanding future want, adopted by consulting tasks.
Deepak Malkani, co-founder, IndusGuru, mentioned, “Our research is aimed at providing insights to organisations on adopting the gig workforce, scaling it in the immediate term and adopting fundamental changes for the long-term sustainability. We held detailed case study interviews which helped us dive deep into the gig-hiring roles and find organisations willing and keen to engage freelance professionals in a wide range of situations today – interim management /back fill roles, shared CXOs, PMO, and technology hot-skills to aid digital transformation, project-based roles, and senior industry advisors.”
The survey additionally identified the truth that firms must work on a extra formalised HR strategy whereas managing the method of onboarding, work-arrangements, engagement, and contractual funds. Firms must work on features akin to coaching, insurance, IT and information safety whereas structuring the skilled gig hiring system.