With the economy in flux, the bottom line has never been more important. Hiring the right talent can be a costly expense so for that reason, more businesses are moving from having an office (rent + equipment + utilities) full of employees (payroll + insurance) to more remote and cost-effective solutions.
I’ve been on both sides as the employer looking for qualified outsourced agencies and as the freelancer working under another company’s umbrella. In this blog, I provide business owners with 4 cost-effective alternatives to the traditional in-office, full-time employees. They each have their pros, cons, benefits, and risks such as human resource risks, quality misalignment, and cost. So be sure to do your research before making the decision that has the potential to make or break your business.
I read this post on NPR’s website in 2016 and had a recent interview with NYU about the same subject; the Gig Economy is not only still here but it has gotten stronger. Our dependence on wireless devices, web applications, and collaboration tools has also increased as a result. Sign up for my Business to Business Newsletter to get a list of apps and online hacks that are crucial if you’re considering outsourcing your team members.
Don’t miss Part 2 of this blog when I chat with a financial planner and attorney about the loopholes and risks associated with remote teams.