The number of contingency workers is steadily rising and is
projected to make up 10 percent of the U.S. workforce in the next two years,
according to a study by Staffing Industry Analysts.
Employers in information technology, the pharmaceutical
industry and
engineering will be among the biggest gainers of contingency
workers,
according to Barry Asin, chief analyst for the Los Altos,
California-based research and analysis firm.The study, which was released Wednesday, May 2, polled
contingency
managers, directors and procurement specialists from 170 companies
with
upwards of 1,000 employers.
Contingent employees currently account for 8 percent to 9
percent of
the U.S. workforce, Asin says. But given
the large number of workers that this employment base involves—each
day, there
are approximately 2.6 million individuals referred for jobs
by staffing
agencies—even a small shift can translate into major
operational and logistical
projects for HR executives across the
country, he says.
The rise in contingent workers is attributed to the
flexibility that
they provide to large employers.
“Companies don’t always know what the appropriate number of
employees will be when handling new projects, like expanding into new
lines of
products or new markets,” Asin says. “A contingent workforce
gives them the
ability to do some fine-tuning,”
Almost 80 percent of the companies that participated in the
survey
said they will increase their contingent workforce. Even employers that
are traditionally less reliant on contingent workers, such as those in
retail,
are getting into this arena.
—Gina Ruiz