{"id":2111,"date":"2023-08-04T08:00:26","date_gmt":"2023-08-04T12:00:26","guid":{"rendered":"https:\/\/eptura.wpengine.com\/?p=2111"},"modified":"2024-09-10T00:33:41","modified_gmt":"2024-09-10T04:33:41","slug":"gig-economy-impacting-corporate-workplace","status":"publish","type":"post","link":"https:\/\/eptura.com\/discover-more\/blog\/gig-economy-impacting-corporate-workplace\/","title":{"rendered":"How the gig economy is impacting the corporate workplace"},"content":{"rendered":"

By whatever name you call it: the gig economy, shared economy, or contingent economy, the shift that has led to the growth of on-demand services like Uber and Airbnb is increasingly impacting the global workforce.<\/span>\u00a0<\/span><\/p>\n

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\u201cGig\u201d workers work on a contingent basis: consulting, freelance or temporary. Their number has risen dramatically in the past decade. The increase ramped up around 2007 during the global economic downturn, and by many accounts, gig workers now represent a third of the workforce.<\/span><\/p>\n

In 2023, 36% of workers are part of the gig economy. 76% of gig workers reported they are satisfied with their career choice. By 2027, current <\/span>economic statistics<\/span><\/a> estimate that gig workers will comprise over 50% of the workforce.<\/span>\u00a0<\/span><\/p>\n

JLL<\/span><\/a>, a leading professional services firm that specializes in real estate and investment management, has defined the \u201cLiquid Workforce\u201d that promises to impact CRE strategy significantly.<\/span>\u00a0<\/span><\/p>\n

Peter Miscovich, a Global Future of Work Leader for JLL, predicts Enterprise Liquid Workforce platforms will soon be based upon the emerging \u2018Hollywood Model\u2019 of working where agile and liquid knowledge workers will be intelligently organized via the Internet on a project basis \u2014 similar to how Hollywood movies are made today. Liquid Workforce will be organized via crowdsourced \u201cuber-like\u201d cloud-based work platforms providing greater workforce and workplace efficiency<\/a>.\u00a0<\/span>\u00a0<\/span><\/p>\n

The rise of the Liquid Workforce and the gig economy makes one thing clear: the nature of work is changing, and corporate workplaces must be prepared to support that change.<\/span>\u00a0<\/span><\/p>\n

The gig economy: why it\u2019s gaining ground<\/span>\u00a0<\/span><\/h2>\n

The rapidly expanding gig economy is not merely a response to changing economic conditions. Here are just a few of the reasons that workers are choosing to work on a contingent basis<\/a> and companies are choosing to hire more contingent workers:<\/span>\u00a0<\/span><\/p>\n

Benefits of the gig economy for workers:<\/h3>\n