The rise of the Gig economy is one of the most transformative global economic trends in the past decade. In 2020, 59M Americans, or 36% of the U.S. workforce engaged in freelance work. 75% of freelancers who left an employer to pursue freelancing full-time report making the same or more income than when they worked a traditional job. Freelancers contributed $1.2 trillion dollars to the U.S economy in annual earnings in 2020, a 22% increase since 2019. The prevalence of freelance work as opposed to permanent jobs will continue to accelerate as more businesses transition to project-based frameworks in pursuit of organizational agility.
The Gig economy once thought to be a short-term fad, is here to stay. But what exactly is the Gig Economy? And why should expert project management professionals, both full-time
employees of an organization and independent consultants, understand this growing trend? Are organizations embracing outsourced project managers?
In this session, attendees will learn what the Gig economy is, what factors contributed to its rapid growth, and what project professionals can do today to stay ahead of the curve in our new
world of work.
●Understand what the Gig Economy is and how it relates to the Project Economy
●Distinguish between worker classifications including full-time employee, contractor,
freelancer, knowledge worker and consultant.
●Identify the top 3 benefits of Freelance Project Management (To the freelancer and to the hiring organization)
●Overview of flow-to-the-work business structure and synergies with project management.
●Key actions project professionals can take today to keep pace with the future of work.