Want to know more? Click here to learn about the
contractor surge in the United States or here to see how
the Gig Economy has empowered contractors.
Why should companies consider hiring contractors?
In the last few years, the contractor trend has been rapidly growing. Why are so many people looking for independent work?
More versatility by working on a project basis
Additional incomeif combined
with a traditional 9-to-5 job
Independence to work from anywhere, thanks to remote work
Hiring international contractors gives companies an excellent opportunity to test new markets before making hefty investments.
Companies can hire highly educated contractors with specialized skills to support short-term projects.
51%
53%
41%
of contractors were hired because of their unique or specialized skill sets.
of contractors provided professional services such as computer programming, marketing, IT, and business consulting in 2021.
of postgraduate workers were contractors in 2021.
*Sources: Upwork
The surge of remote work and the digital nomad lifestyle widened the employment options for both companies and workers.
1 out of every 5 contractors in the U.S.
has clients outside of the country.
Leveraging the specialized skills of contractors is an excellent way to test new markets, but international hiring can be complex. That is why we have the perfect solution you guide you as you hire for your short-term projects: G-P Contractor.
G-P Contractor is an extension of our
Global Employment Platform™ that allows companies to:
Facilitate contract signing
between parties.
Ensure that contractors are paid on time without any additional processes.
Enable general management features on one single platform rather than multiple software and payment platforms.
Convert global contractors to
full-time employees — upon mutual agreement.
We help companies embrace the Gig Economy and succeed faster
Contractors are an excellent way to test new markets, but international growth can be complex. That is why we have the perfect solution to guide you every step of the way: G-P Contractor.
Here are three tips that will help you efficiently incorporate contractors into your global growth strategy:
Companies must secure their intellectual property and trade secrets.
Make sure that your
employment contracts are clear.
Every country has specific labor laws and regulations, and mistakes can be costly.
Follow local legislation.
Automate administrative tasks to allow more time to focus on providing a positive employee experience.
Simplify the hiring
process for all parties.
Monterrey, Mexico
Lagos, Nigeria
Talent hubs are an excellent
place to start your search.
79 percent of full-time contractors said that they feel happier than working at a traditional job.
64 percent of millennials working traditional jobs said that they wanted side jobs to earn extra money.
64 percent of contractors said that they are working in their preferred line of work.
There are several advantages for those who participate in the Gig Economy:
*Sources: Brodmin, Deloitte, Gallup
Start Your Global Growth Journey Now
Want to know more?
Learn about the contractor surge in the United States
Gig Economy has
empowered contractors
Gig Economy – The Economic Backbone of the Future? Accessed March 2022.
https://brodmin.com/case-studies/gig-economy-case-study/
The world is more connected than ever, and talent is available in cities across the globe.
What is the Gig Economy?
The Rise of
Contractors in
the Gig Economy
The Gig Economy is a labor market system characterized by short-term assignments as opposed to full-time employment regimes.
*Source: Upwork.
Managing an international workforce can be complex but keeping track of a dispersed team of contractors is an even greater challenge. Companies that want to retain their talent need to consider ways to provide a positive work experience and flexibility for their contractors.
The job experience contractors seek
73%
want location
flexibility.
of skilled remote contractors want schedule flexibility.
78%
want to work on projects they consider meaningful.
73%
Recife, Brazil
Bangalore, India
Where to look for talent?
The main challenge employers face is finding the right person for the job. Companies need to know exactly where to look, especially if specialized skills are required.
*Sources: MBO Partners
The top three methods contractors use to find jobs are:
Word of mouth
Social media
Other methods
51%
21%
34%
Lagos, Nigeria
Monterrey, Mexico
Shenzhen, China
Tel Aviv, Israel
Medellin, Colombia
*Sources: Forbes, PYMNTS, MBO Partners
In 2017, 55 million Americans were part of the Gig Economy — 36 percent of the workforce.
In 2018, 40 percent of the nation’s workforce made at least 40 percent of their income from independent jobs.
By 2023, it is expected that more than half of American workers will be contractors.
Northeast contractors in the United States:
All the tools your company needs to grow globally in one single place. We help companies embrace the Gig Economy and unlock the power of global teams.
Why should companies consider hiring contractors?
Hiring international contractors gives companies an excellent opportunity to test new markets before making hefty investments.
Companies can hire highly educated contractors with specialized skills to support short-term projects.
of postgraduate workers were contractors in 2021.
51%
53%
of contractors provided professional services such as computer programming, marketing, IT, and business consulting in 2021.
41%
of contractors were hired because of their unique or specialized skill sets.
*Sources: Upwork
How Leaders Can Prepare For The Further Rise Of The Gig Economy. Accessed February 2022.
https://www.forbes.com/sites/karadennison/2021/09/27/how-leaders-can-prepare-for-the-further-rise-of-the-gig-economy/
The State of Independence in America. 2019: The Changing Nature of the American Workforce. Accessed February 2022.
https://s29814.pcdn.co/wp-content/uploads/2019/06/MBO-SOI-2019.pdf
Gig Economy: Definition, Statistics & Trends [2022 Update]. Accessed February 2022.
https://zety.com/blog/gig-economy-statistics
What is the “gig economy”? Accessed February 2022.
https://www.bbva.com/en/what-is-gig-economy/
How the Rise of the Gig Economy Influences the Workforce. Accessed February 2022.
https://www.entrepreneur.com/article/381850
Freelance Forward Economist Report. Accessed March 2022.
https://www.upwork.com/research/freelance-forward-2021
The alternative workforce: It's now mainstream2019 Global Human Capital Trends. Accessed March 2022.
https://www2.deloitte.com/us/en/insights/focus/human-capital-trends/2019/alternative-workforce-gig-economy.html
NEW REPORT: Understanding The Long Tail Of The Gig Economy. Accessed February 2022.
https://www.pymnts.com/gig-economy/2018/freelance-workers-payments-online-marketplace-hyperwallet/
Sources:
The New Freelancers: Tapping Talent in the Gig Economy. Accessed March 2022.
https://www.bcg.com/publications/2019/new-freelancers-tapping-talent-gig-economy
