The worker

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fuverrunyyrl

Business Finance

Description

construction workersAddress the following questions in a question-and-answer format; that is, state the question and then answer it in detail.

The Background readings for this module explore the premise of how contingent workers, who have become a key foundation of the U.S. workforce, are compensated. In this assignment, compare and contrast the various aspects of how contingent workers are compensated compared with conventional workers. As you undertake this comparative analysis, address the following:

  • How does the employment of contingent employees affect an organization’s business, its HRM responsibilities, its overall costs, and its organizational culture?
  • In your educated opinion, should the compensation of contingent workers be the same (on a pro-rated basis) as conventional, full-time employees doing the same work? Discuss, bringing in both the strengths and challenges this approach presents.
  • How would you, as the CEO of the company, create a sense of engagement with the infusion of contingent workers in a workplace that historically consisted of conventional, full-time employees?

Use at least 2 library sources and/or background readings to help strengthen and support your 3-page response.

Submit your paper by the module due date.

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Explanation & Answer

Attached.

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Running head: THE WORKER

The Worker
Institution:
Date:

THE WORKER

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Over the past, there has been a rise in the use of contingent workers in the world
especially in the US market. Contingent workers are also called freelancers, independent
professionals or independent contractors. They differ from conventional or full-time employees
in many ways. In the contemporary society, many organizations are looking to attract the besttalented workforce while minimizing cost at the same time. As such, many employers are
shifting attention to contingent workers because of their skills and expertise. This paper,
therefore, will answer the given questions in relation to contingent and conventional workers in
details.
Question 1: How does the employment of contingent employees affect an organization’s
business, its HRM responsibilities, its overall costs, and its organizational culture?
The employment of contingent workers affects an organization in many ways. For
example, when an organization employs contingent workers, there is an increase in the
business’s efficiency. This is because contingent workers can work during peak hours and
increase the productivity of the business. Additionally, these workers help an organization by
reducing costs. This is becaus...


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