Today’s digital workforce
Jobs for life are history. Permanent employment is on the wane. The move to flexible employment is accelerating fast across diverse roles in construction, IT, healthcare, retail and logistics.
The benefits are clear. Employers have to respond with agility to changing market requirements building custom-made workforces rapidly when and where they are needed. As a result, workers become ‘specialists’ who deliver specific skills on demand and can gain greater rewards for their work. We call them ‘solopreneurs’.
The infrastructure for solopreneurs
This landscape of ‘solopreneurs’ has to be paid and taxed if it’s to function for the benefit of all its stakeholders. To do this, a layer of businesses has sprung up between the employer requiring the work and the specialist workers delivering. These recruiters, Professional Employer Organisations (PEOs) and umbrella companies offer innovative solutions to paying salaries to, and taxes on behalf, of solopreneurs.
These businesses are challenged by legacy processes because they are, in effect, contracting with solopreneurs acting as nano businesses. These nano businesses in turn need to pay salaries, accrue pension benefits and submit regular returns and taxes. Underlying this is the need for end-to-end transparency.
The new way of doing things was born
Imagine a platform to reduce the time and staff required to administer the complex new world of flexible employment. One designed to cope with the smallest element of employment – minutes on a timesheet. Where the time taken, and staff required, to match the day-to-day workforce management to financial accounting was as quick as a click.
We did just that. We call it Quantum Employment Design.
A SaaS platform design to…