How do you get the best out of the creative people in your team?
If you’re engaging freelance talent, sovereign professionals, for their fresh ideas, how can you avoid choking off that talent? And, if that’s why people hire you, what should you look for in a new gig? What are the warning signs that mean this project may be less rewarding than you anticipated?
Continue reading “Motivating and managing creatives – @HarvardBiz”
How can blockchain help build a better gig economy?
This article on Blocktribune looks at potential contributions, including:
Continue reading “Freelancing, blockchain and the gig economy”
The social web serves a wealth of information about freelancers and potential employers – but this may be inaccurate, making hiring risky. A blockchain-based platform consisting of immutable records, validated work histories and employer reviews will serve as an incentive for participants to deliver work of assured quality, adhere to deadlines and keep promises.
The BCG Henderson Institute has an interesting report into the gig economy; The New Freelancers: Tapping Talent in the Gig Economy.
The freelancer / sovereign professional perspective
Looking at both low-paid and high-paid freelancers in 11 countries, the report throws up some important findings, including:
Continue reading “The New Freelancers – @BCG”
On Forbes.com, David Howell has some thoughts on what Brexit might mean for sovereign professionals in the post-Brexit landscape.
The key is to understand your precise needs. If you are a business, ask yourself what skills your enterprise needs today and how these could change over the next five years. Freelancers due to their flexible working practices can enable your business to tap into the skills it needs perhaps just for short periods of time. Not having the cost and time associated with hiring full-time staff, could be a way forward for your enterprise to create the dynamic workforce you need to weather the Brexit storm.
Read the full article, here.Read the full article, here.
Photo by rawpixel on Unsplash
I’ve never been wholly comfortable with “gig economy” as an umbrella term. Too often it’s hijacked by those who want to paint independent workers as a new type of oppressed; in need of rescue from uncaring capitalism.
The reality is far from that, as successive research has shown. Independent working is most often a freely made choice.
Here’s an interesting article from Jon Younger on Forbes.com. Talking generally about adoption of the freelance economy model (is it as explosively disruptive as the hype suggests?), Younger makes an important distinction between types of freelance work:
Continue reading “Gig economy vs. talent economy?”
Are freelancers and independents preparing for the future?
You just can’t trust the future. That’s certainly been clear
over the last couple of years. We seem to be contemplating the previously
unthinkable, every day.
An accidental No Deal Brexit in the UK? A prolonged
government shutdown in the US? Those things could be hard on a freelancer,
contractor or other independents.
Traditional employment offers an illusion. Maybe that’s part of the deal: the regular pay cheque implies continuity, that the future is someone else’s concern. But, if you work for yourself, the future comes into sharper focus. Self-employment requires a more active engagement with tomorrow.
Continue reading “Uncertainty – the freelance / gig economy destiny”
The BBC reports on research from Henley Business School:
The 28-year-old is part of a generation of “side hustlers” – entrepreneurial young people who work on their own projects alongside their main source of income.
Running a second business or sideline is becoming increasingly common.
One in four workers run at least one side hustle business, Henley Business School estimates, half of which were started in the past two years.
Those aged 25 to 34 are most likely to be involved, with 37% thought to run a sideline of some kind.
Continue reading “Gig economy, portfolio career or side hustle?”
Over on Forbes.com, Jeff Wald has some interesting predictions for 2019 freelance economy (in the US).
The rise of mechanisms to access and filter the freelance market is inevitable. I can definitely see large businesses deploying both Freelance Market Systems and “Alumni Labour Clouds” to manage a bench of available talent (predictions 1 and 2).
Continue reading “Predictions for the freelance economy – @Forbes”
FlexJobs has surveyed 1,000 (US) freelancers and found, yet again, that these are not desperate and abused individuals forced into abusive contracts by uncaring, capitalist overlords.
In fact, as TechRepublic summarises:
the average full-time freelance worker is a female Gen Xer working in the writing, marketing, editing, or creative career fields. This person works primarily for small companies and individuals, and juggles two to three jobs at a time, the report found. The average worker freelances by choice, and has been doing so for at least three years, and envisions continuing this type of career for the long-term, though they have worked at traditional companies in the past.
Continue reading “What does a freelancer look like? Survey from @FlexJobs”
Levies for allegedly unpaid taxes, no supporting calculations and no right of appeal. The House of Lords finds that HMRC has been acting aggressively and disproportionately to freelancers it suspects of having avoided tax.
From David Byers in The Times:
The economic affairs committee in the House of Lords this week said that HM Revenue & Customs (HMRC) was overusing “disproportionate” powers that allow it to demand swift payments of unpaid tax from those it suspects of tax avoidance. Those suspected have no right to appeal to a tribunal.
Members said that accelerated payment notices (APNs) and follower notices were being aimed unfairly at lower and middle-income freelancers such as IT workers and NHS nurses, rather than the promoters of tax avoidance schemes.
Lord Forsyth of Drumlean, chairman of the committee, said the balance of power had “tipped too far in favour of HMRC and against the fundamental protections every taxpayer should expect”.
Two pieces in The Times, here and here.
The report from the House of Lords committee, here.
Image via Pixabay.