Field Nation CEO, Mynul Khan, will be on-site as a guest panelist this Thursday, March 19th at the 2015 Executive Forum North America in Orlando, FL. Hosted by the global advisory firm on contingent work, Staffing Industry Analysts, the Forum is the most prominent annual meeting for CEOs, owners and senior level executives from all sectors and segments of the staffing industry.
Khan will take the stage to discuss Field Nation’s involvement and impact as a leading Freelancer Management System (FMS) in the changing tide of the American workforce. The session, titled “The Human Cloud: It’s Raining Men – and Women” will focus on this emergent technology and how it delivers specialized services that are performed by workers who are managed online.
“The FMS business model serves a niche purpose in the staffing industry that complements the traditional staffing model,” says Khan. While the traditional staffing model focuses on increasing strength on the permanent placement of the ideal, full-time employee, the FMS model provides businesses with the flexible work model for accelerating deployment, execution and quality of onsite services.
“Specifically,” says Khan, “Freelancer Management Systems like Field Nation perform best when running high-volume, low-complexity, geographically distributed work that requires rapid deployment of knowledgeable, on premise contract or W2 labor.”
The business need and supply for this type of contingent expertise has risen in demand since the global recession in 2009. The workforce has seen a surge in the number of independent workers, and several studies predict that 40% of Americans will identify as freelancers by 2020. The impact of the independent workforce, however, is evident today – a report that was conducted at the end of last year found that 36% of business leaders plan to increase their spending on contingent workers in 2015, and Staffing Industry Analysts also forecast that this will be a $46 billion industry within the next five years.
The combination of the rise in on-demand expertise, matchmaking and collaboration management technologies, and the increasing focus of business on driving down costs while maintaining or elevating production and quality, has created the ideal conditions where the growing talent supply, increasing demand, and new technological capability disrupt the traditional business model.
Freelancer Management Systems like Field Nation enable organizations and independent contractors to harness the power of this technology to complement the traditional staffing model and redefine how work gets done. To learn more about the “New Face of the American Workforce” and how the contingent marketplace is benefitting today’s organizations, take a look at our weekly blog series and infographic. For more information on the SIA Executive Forum, go here.