The world of work is changing. The new face of the American workforce and an increasing portion of the international workforce is more independent, engaged and better able to deliver results, services, and products than the traditional monolithic corporation.
To get a better understanding of this shift, Field Nation conducted a comprehensive analysis of the three areas that have combined to form the nexus of this new reality of work: the shift away from traditional employment and towards contract expertise, the disruption of work as we used to know it, and the newly engaged workforce.
Recently, we discussed “Freelancing Provides an Important and Regular Income Stream” as the second of five key insights which emerged from a study conducted by Field Nation of the contractors who had registered for free on its platform. The study measured engagement and complementary factors, such as how independent service providers view themselves. The results showed that almost all respondents stated that contracting was a regular means of income, while approximately 3/4 indicated it was their primary income. This proved the inference that the livelihood of contractors is dependent on their ability to consistently execute.
- Read Part 1: The Outsourcing Appetizer
- Read Part 2: The Organization – Individual Inversion
- Read Part 3: The Evolution of Communication and Collaboration Technology
- Read Part 4: The Great Recession
- Read Part 5: An Emerging Culture of Passion
- Read Part 6: The Disengagement Disruption
- Read Part 7: Freelance Disrupts Full-Time
- Read Part 8: Freelancers Chose Freelancing
- Read Part 9: Freelancing Provides an Important and Regular Income Stream
Chapter Three: The New Engaged Workforce
Finding Three: Independents are Entrepreneurs and Small Business Owners
The third finding is related to the first showcasing the fact that independent and freelance workers in the U.S. see themselves in ways that blend autonomy and competence.
A majority – 52% – of independent contractors view themselves as entrepreneurs and small business owners, while 45% view themselves as independent contractors. The remaining 3% of respondents see themselves as temporary help and people who fill the gaps.
These results clearly demonstrate the reality that independent contractors view themselves as capable and competent to blaze their own trail in the new economy of self-determinism. Furthermore, the large minority of freelancers responding who self-identify as independent contractors demonstrate the acceptance of contractors and freelance contracting in the on-premises, B2B world. This result sits on the engagement foundation of both autonomy and competence.
Coming Up: We reveal the fourth insight of Field Nation’s study on independent contractors which demonstrates the incredibly high degree of relatedness that the independent contracting community has, particularly in regards to the dual commitment they hold to both their own and their customer’s businesses.