Contingent work

Contingent work or non-standard employment refers to any employment relationship that does not conform to the traditional, full-time, permanent wage and salary employment. This includes part-time work, temporary work, self-employment, and other forms of flexible or alternative work arrangements.

Definition

The term contingent work is used to describe a variety of employment arrangements that deviate from standard full-time work. The Bureau of Labor Statistics defines contingent workers as those who do not have an implicit or explicit contract for long-term employment. This includes workers in temporary or contract positions, as well as independent contractors or freelancers.

Types of Contingent Work

There are several types of contingent work, including:

• Part-time work: This involves working less than the standard 40 hours per week. Part-time workers may be employed on a permanent or temporary basis.

• Temporary work: Temporary workers are hired for a specific period of time or until a certain project is completed. This can include seasonal work, contract work, or work through a temporary agency.

• Self-employment: Self-employed individuals work for themselves instead of an employer. This can include freelancers, consultants, and business owners.

• Gig economy: The gig economy involves short-term, flexible jobs that are typically facilitated by digital platforms. Workers in the gig economy are often considered independent contractors.

Advantages and Disadvantages

Contingent work can offer advantages such as flexibility and variety. However, it also has disadvantages, including lack of job security and benefits.

Impact on Workers

Contingent work can have significant impacts on workers. While some workers may prefer the flexibility and autonomy of contingent work, others may find the lack of job security and benefits to be a disadvantage.

Impact on Employers

For employers, contingent work can offer flexibility and cost savings. However, it can also lead to challenges in managing a contingent workforce and potential legal issues.

See Also

• Freelancer
• Gig economy
• Precarious work
• Temporary work agency