West Virginia Worksheet - Contingent Worker
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FAQ
Contingent workers include independent contractors, freelancers, consultants, advisors or other outsourced workers hired on a per-job and non-permanent basis.
There were nearly 6 million contingent workers in 2017 These workers represented 3.8 percent of U.S. employment.
There were 51.5 million contingent workers in the US in 2020, according to a new report released this week by Staffing Industry Analysts. They represented 35% of the nation's workforce and generated $1.3 trillion in revenue.
The two biggest benefits to using contingent workers over core employees are flexibility and cost savings. Contingent workers are outsourced, non-permanent workers who are commonly referred to as Independent Contractors, contract workers, freelancers, gig workers, consultants, temporary talent or remote workers.
Independent contractors, on-call workers, freelancers, contract workers, and any other type of individual hired on a per-project basis are examples of contingent staffing.
GROWTH OF CONTINGENT STRATEGIES The most recent U.S. Department of Labor survey found that roughly 30 percent of the American workforce (or 42.6 million people) are in contingent positions, and the Bureau of Labor Statistics estimates that this figure has increased by at least 30 percent since the last survey in 2006.
Contingent workers are individuals hired by a company to do role- or project-based work on its behalf, but not as traditional employees. They could include independent contractors, consultants, freelancers, temps, or other outsourced labor such as gig workers.
Who are contingent workers? Independent contractors, on-call workers, freelancers, contract workers, and any other type of individual hired on a per-project basis are examples of contingent staffing. In most cases, contingent workers have specialized skills, like an accountant or electrician.
