contingent workforce
A contingent workforce refers to a group of workers who are not permanent employees of a company. This workforce includes freelancers, contractors, temporary workers, and part-time employees who are hired for specific tasks or projects. Companies often use a contingent workforce to meet fluctuating demands, allowing them to remain flexible and reduce costs associated with full-time staff.
The rise of the gig economy has contributed to the growth of the contingent workforce, as more individuals seek flexible work arrangements. Platforms like Upwork and Fiverr have made it easier for businesses to connect with skilled workers on a temporary basis, enhancing productivity while minimizing long-term commitments.