Sunday, April 16, 2017

McKinsey: The New Changes Brought By the Gig Economy

At present there is a "odd economy" more and more popular. "English Economy" is called "Gig Economy", where Gig is the three letters of G-i-g. "Work economy" refers to the use of short time, flexible forms of work, to replace the traditional nine to five working forms. It covers a wide range, it can be part-time sideline, it can be no main business, is to do a lot of odd jobs.

Many people feel that people are willing to do odd jobs because of the economic downturn, odd jobs are people to find a better job before the transition, and only young people and those who work unstable people willing to do so. But the McKinsey Global Institute has recently surveyed 8,000 people in six countries around the world, and the report concludes that we are wrong about the "odd economy".

First, in the past we do not feel so many freelancers, in fact, this part of the people and many. Statistics show that in the United States and Europe, 10% to 15% of the working age of the working population through odd jobs to make a living, there are 10% to 15% of the people to work for the main industry outside the sideline. There are 162 million freelancers in 15 countries in the United States and Europe.

Second, we also put the odds of the economy, attributed to the global economic downturn, in fact, not. The real situation is this: in the global economic recession period, the odd economy has not decreased. In fact, the work of freelance, but also conducive to the macroeconomic recovery. Because of the flexibility of employment and the low threshold of the industry, freelance can solve the problem of employment of part of the unemployed. Survey shows that Europe and the United States employment market has 100 million incomplete employment population, have said they want more work.

Third, odd jobs because it did not find a job before the transition? The survey said that this is not the case, about 70% of the freelancers are willing to do so. And these people and traditional industry than the more satisfied with their work, they are very concerned about the freedom of professional workers, work more focused, more self-management, hope to have better opportunities for development.

Fourth, do you think that only young people and unstable people are willing to work odd jobs? In fact, is not, freelance in the distribution of all ages are very average, both young people, there are many people over the age of 65. In the industry, not only low-income people in the odd jobs, some high income industries, such as doctors, lawyers, accounting, designers, they also odd jobs.

Fifth, odd jobs are not just low-end jobs, and odd jobs are becoming more and more digital. At present, only 6% of the odd industry economy, is similar to Uber digital platform, but this ratio in the future have great growth potential. With the development of mobile devices and digital platforms, the threshold of freelance will continue to decline, people will be more efficient job search.

So, what will the odds of 20%The first change is to reduce the cost of employment, for talent to create more competitive opportunities. People need to pay more attention to their skills, career development and job input. In terms of employment, the company will consider the practitioner's professional flexibility, his own skills, and the ability to respond effectively to specific jobs.The second change is that virtual reality technology changes the way freelancers work. Office office workers and freelancers can collaborate remotely through virtual reality technology.

The third change is the further evolution of the new industry. In the future, the traditional industry, innovation industry, IT industry and financial accounting and other high-quality industries, there will be zero industry economy. So we have to continue to develop new skills, eliminate unnecessary skills.

The fourth change is that personal career networks continue to expand. Companies can use odd jobs internally, simply to say that you can do different jobs within the company, this internal "odd jobs" approach, can more rational allocation of human resources, to solve the problem of internal technology and human shortage The

Source "What the rise of Uber says about the Gig Economy today"

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