Telecommunications: Getting the best of the Gig Economy
Industry is just starting to adopt the worldwide demand for freelance engineers
- 55% of organizations surveyed see gig workers as helping to control costs.
- 56% of organizations are using gig workers to complete projects where the specific expertise is beyond the capability of the existing workforce.
- 50% believe contingent workers can help to overcome resistance to change within the legacy workforce.
Source: Ernst & Young
The need for productivity in the telecommunications industry has never been greater. Cloud computing services are selling six times faster than overall IT spending and consumers are spending more than 60 hours a week consuming content across multiple channels and devices.
Each of these factors tells a story on its own; but, taken together, they show the marked shift that is happening across the telecom industry.
“Bringing on contractors who can reduce overhead, close gaps caused by understaffing and focus on immediate-need projects is becoming the successful strategy for hiring managers.”
“Telecom workforce management is changing as the so-called “gig economy” continues to penetrate the industry. An increasingly “hybrid” workforce of contract and full-time workers is emerging as operators put more focus on reducing their costs to deploy network infrastructure.”
All of this is part of the overall move to the gig economy, as Ernst & Young point out in a recent report.
“The gig economy is supported and accelerated by the rise of technology and customers who expect goods and services to arrive faster and more flexible than ever before. In an effort to meet these demands, businesses and governments need access to highly skilled professionals for short-term projects to drive innovation and rapid change. At the same time, workers are looking for work opportunities that offer greater flexibility and variety. Technology is the key enabler to facilitate the nature of supply and demand where available talent meets an organizational need.”
EY analysis shows that the rate of hiring of full-time employees among S&P 500 organizations since 2009 has slowed sharply versus the pre-recession period. Annual full-time employee headcount growth slowed to 2.7% from 2009- 15 versus 3.9% during the five years before the recession.
How can telecommunications firm’s best access the gig economy?
At Fieldengineer.com, wherever you are in the world, we have telecoms engineering talent for your projects.
We’ve filled more than 2000 orders for nearly 50 businesses, and we have a presence in about 135 countries. Our candidates are registered, qualified and vetted by our dedicated team, so that your company can rely on their skillset and experience.
We offer you 30% savings over full-time hires, which include expensive benefits and vacation time.
Take advantage of the growing gig economy, and fill your telecoms engineering jobs at Fieldengineer.com.
About Author: Ramya Sri Alluri is a staff author at Fieldengineer.com which is an On-Demand Marketplace for Telecom Freelance Engineers.