Presentation made to present the latest trends on the free agent workforce in U.S.

2.
free
agent
(-­‐noun)
1.
An
individual
who
freelances,
consults,
does
temporary
or
contract
work,
or
has
their
own
business.
tradi+onal
employee
(-­‐noun)
1.
An
individual
who
is
directly
employed
by
an
organiza@on
or
company.

4.
30 – 35%
Yes,
the
free
agent
workstyle
is
on
the
rise.
IS
THE
PREDICTED
PROPORTION
OF
FREE
AGENTS
IN
THE
U.S.
WORKING
POPULATION
ONCE
THE
LABOR
MARKET
RECOVERS
44% OF
THE
CURRENT
ACTIVE
WORKFORCE
IN
THE
U.S.
ARE
FREE
AGENTS
70% INCREASE
SINCE
2008

5. %
OF
WORKING
POPULATION
BY
WORKSTYLE
CLASSIFICATION
Numbers
are
on
the
rise
for
every
type
of
free
agent

6. GROWTH
OF
FREE
AGENCY
BY
GENERATION
Numbers
are
on
the
rise
across
all
genera:ons

8. FREE
AGENTS
BY
TYPE
Freelancers
working
on
their
own
and
independent
contractors
make
up
the
largest
share
of
free
agent
workers

9. FREE
AGENT
WORKERS
BY
GENERATION
The
propensity
to
work
as
a
free
agent
increases
as
a
worker
progresses
in
his
or
her
career

10. EDUCATION
AND
SKILL
LEVELS
Free
agents
are
well
educated
and
highly
skilled

12. REASONS
FOR
CHOOSING
THE
FREE
AGENT
WORKSTYLE
73%
voluntarily
choose
the
free
agent
workstyle
because
they
value
the
freedom,
flexibility
and
entrepreneurial
benefits

13. ECONOMIC
IMPACT
The
economy
influences
the
free
agent
popula:on

15. WHO
IS
MORE
SATISFIED?
Free
agents
agree
that
their
workstyle
gives
them
more
control
over
their
careers
and
provides
more
opportuni:es
to
build
their
skills

16. FREE
AGENT
EMPLOYMENT
SATISFACTION
LEVELS
2011
VS.
2008
Free
agents
are
more
sa:sfied
with
their
employment
situa:on
than
they
were
in
2008

18. FACTORS
INFLUENCING
THE
SELECTION
OF
PROJECTS
OR
ASSIGNMENTS
Free
agents
are
aGracted
to
the
work

20. SOURCES
OF
WORK
Free
agents
u:lize
many
resources,
but
referrals
top
the
list
45%
of
Gen
Y
free
agents
work
with
the
assistance
of
a
staffing
or
recrui:ng
firm

22. Free
agents
represent
a
growing
part
of
the
workforce
FROM
AN
ECONOMIC
PERSPECTIVE
FROM
A
WORKER’S
PERSPECTIVE
FROM
AN
EMPLOYER’S
PERSPECTIVE
Start-­‐ups
are
good
for
the
economy
Barriers
are
fading
Focus
on
closing
talent
gaps
and
building
a
talent
pipeline
Dual-­‐working
families
provide
security
plus
flexibility
Compe::ve
pressures
are
driving
need
for
greater
flexibility
The
economy
has
sparked
new
considera:on
Making
the
most
efficient
use
of
talent
is
seen
as
a
compe::ve
advantage
New
technologies
are
fostering
the
needed
connec:on
Need
new
strategies
to
retain
key
skills
and
knowledge
APtudes
toward
work
have
changed
Interested
in
leveraging
technology
to
foster
The
workforce
is
aging
new
ways
to
work

24. Recommenda:ons
To
adapt
to
the
free
agent
workstyle
trend,
To
capitalize
on
the
free
agent
workstyle
trend,
organiza+ons
should:
employers
need
to
increasingly:
1. Forgo
tradi:onal
percep:ons
1. Ensure
free
agents
are
included
in
their
overall
workforce
strategy
2. Be
open
to
a
variety
of
worker
popula:ons
2. Gain
visibility
into
all
free
agents
working
on
their
behalf
3. Think
broadly
when
building
their
strategy
3. Evaluate
departments,
posi:ons
and
projects
within
their
companies
to
see
how
they
would
benefit
from
free
agent
talent
4. Learn
new
ways
to
acquire,
manage
and
engage
4. Understand
the
importance
of
their
employer
brand
5. Clarify
the
work
process
5. Develop
op:ons
for
current
employees
6. Re-­‐educate
their
people
6. Understand
the
importance
of
properly
classifying
free
agent
workers
7. Evaluate
their
workforce
solu:ons
partner
to
ensure
that
they
are
experts
in
the
free
agent
popula:on

25. SURVEY
METHODOLOGY
The
2011
Free
Agent
research
was
conducted
online
by
Inavero
on
behalf
of
Kelly
Services
among
a
representa:ve
sample
of
adults
ac:ve
in
the
U.S.
workforce.