Employee Sharing – The New Employee-Employer Relationship

Posted on May 14, 2014

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The following story is from a LinkedIn Article written by
My father worked for the New York Times his entire career. He started in the delivery department and worked his way up into accounting. In the end, he was required to apply for his own accounting job and forced to retire early. His experience, working for one company his entire life is very rare these days. I believe in the future, even working for just one company at any given time will be rare.

The current structure of the employee-company relationship is 1-to-1. You work for one company (unless you are a consultant) and that company pays you. In the future the way we work and relationship structures will change. In fact, I am seeing it happening already. The idea is a “one to many” relationship. There are many folks, experts in their area (accounting, HR, sales, marketing), who are working for multiple companies. In most cases, the companies are not in competition, so there are no conflicts. I call this “Employee Sharing” or “Work Sharing”. The concept is similar to “time-sharing”. In the same way people time-share vacation locations, companies will soon employee share. This is not temp work or consulting, but companies acquiring a share of a person’s available hours during any given week or month. For instance, if your company needs a marketer, you can buy a share of a marketing professionals time during the next week or month. These professionals will provide their expertise and focus in that allotted time purchased and could be asked to retain for a specific time period. There are times when you don’t need a certain function for 40 hours and in other times you need THAT function for more than 40 hours.

The key is to aggregate all of these professionals in one place, a website, where a company can go and look at profiles/expertise, time available and lock in that specific time (and of course rate). You could get one rate from a company that has the need and would pay a higher rate, than other companies that could afford to wait and pay during an open time. The back-end would work like a temp agency and pay the employee and bill the client or you could just make it subscription based and have the payment done outside the technology between the individual and company.

You also get expertise from around the world, so if you need a sales person in Milan, you can time-share with that person for the allotted time.

Lastly, the key is to ensure there is no conflict of interest. HR and legal departments MUST get sophisticated in this area, as I see this becoming popular in the future. The benefit to the professional is working for multiple companies, experiences, and keeping their interest continually peaked. The benefit for the company is you use and pay for the skills you need, when you need them.

 

You can read the original article here:  https://www.linkedin.com/today/post/article/20140512185957-1145551-employee-sharing-the-new-employee-employer-relationship

 

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