Remote work to boost gig economy

The 2021 Talent Technology Outlook study by job site SCIKEY states that the rise in the popularity & success of work-from-home in 2020 following the imposition of lockdowns in the country due to COVID-19, will be a favourable development for the gig economy and hybrid workforce this year. Flexibility in working hours might also entice more women to take up leadership roles in the future.

“In 2020, job losses across the experience level and the influx of fresh entrants (graduates) in the job market boosted the gig economy. This will promote diversity, inclusion and business pressure for cost optimisation and will give gig economy a major push, even though external hiring will be limited this year,” the study noted.

The study found that 20% of leaders said the recruitment will be done through external vendors and HR consultants and agencies and 80% said they will consider internal hiring to be their first choice of hiring. It is based on an analysis of inputs from 100 plus C-suite and human capital leaders representing over 100 organisations through surveys, social media inputs, interviews and panel discussions.