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Independent Contractors or Contingent Employees
The recent economic downturn following several decades of corporate downsizing has had an interesting result in the labor market. There is a veritable army of independent contractors (ICs) and services providing contingent workers (CWs) available to fill any need. There is no job that cannot be completed using ICs or CWs. The question is: when is this the best alternative?
• Discuss the advantages and disadvantages of independent contractors and contingent employees.
º Explain the impact on operations, particularly production and efficiency.
º Explain the impact on costs.
• Is there an impact on employee morale? Explain with examples.
• What are the legal issues involved in choosing to buy talent using ICs or CWs?
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The task is about Independent Contractors or Contingent Employees; advantages and disadvantages and their impact on the productivity and the efficiency with this will also discuss about their impact on the cost. This task also helps in understanding the morale of the Employees and also discussed about the legal issues related to the Independent Contractors or Contingent Employees. This task is of total 800 words in the MS word with the font size 12 points and Times new roman font style. The referencing style used for the task is Harvard referencing.
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