Many industries are experiencing challenges in attracting and retaining qualified workers. As a result, employers are having to reevaluate their business practices in an effort to appeal (and hold on) to talented employees. To help solve this issue, many employers are increasing their dependency on contingent workers.
In fact, research conducted by Gartner shows that 32% of businesses surveyed said they plan on replacing full-time employees with contingent workers as a cost-saving measure over the next year. According to Staffing Industry Analysts, business spending in the contingent workforce area has risen 22.8% year over year.