The Weekly Independent: November 1, 2021

Being a successful independent contractor or a Client of Choice isn’t just about doing the best work or having the best perks. It also means staying one step ahead of the curve. That’s why each week we bring you The Weekly Independent, a quick-hit digest of news of note from around the web.

• Wharton professor Jacqueline “Jax” Kirtley notes that the uptick in entrepreneurship may be attributed to the rise of the gig economy and employees quitting their current jobs.
• SHRM shares the best benefits practices that organizations can follow in tapping the gig economy. 
• A Chicago Tribune article mentions that the “Great Contingency” trend indicates many workers are opting for the autonomy of entrepreneurism, freelance, or gig work. Still, the author cautions that decreased earnings and insecurity of work are possible.
• Jon Younger, an HR thought leader, shares nine insights of the Global Survey on Freelancing, which includes the expanding freelance revolution.
• LinkedIn CEO Ryan Roslansky saw a 54% increase in job transitions year-over-year led by Gen Z and millennials and mentioned that employees are rethinking not just how they work but why they work.
• Meanwhile, LinkedIn Chief Product Officer Tomer Cohen shares three key trends amidst the scarcity and war for talent.
• A recent Adobe report reveals that the future of work will be more worker-centric, skill-based, remote, and flexible.
• A BBC article shares the wrong generalizations that people make regarding the “Great Resignation” trend.
• Analysts with Forrester are anticipating an increase in quit rates among companies that do not support remote work.
• However, Moody’s Analytics Chief Economist Mark Zandi perceives that the Great resignation trend can end by 2023.

Should you have any questions, we’re always here for you.

Of course, we’d love to talk virtually as well. Share your thoughts with us at MBO Partners on Twitter, Facebook, Instagram, and LinkedIn, and we’ll see you again next week!