A “gig,” which once was only associated with artists, is now highly praised by both employers and employees. Freelance or contract work, also referred to as the gig economy, is the foundation of many businesses and a viable long-term career option for skilled individuals. However, this new reality has cascaded into a challenge for recruitment and retention.
With this evolving trend, organisations are working on reconstructing their policies to accommodate the demands of the gig economy, and flexibility in payroll is one of the major changes that your company needs to consider. Incorporating Pay On-Demand; a recent advancement in payroll, can take you and your company a long way in acquiring & retaining the right talent.
Here is an infographic to help you understand the concept of pay on-demand, and help you acquire the right talent in the competitive gig economy, download now!