Is it going to be the age of “contract” or “portfolio” careers?

Jan 19, 05

Consider these findings from a survey conducted by Top Consultants.

  • Contract Consulting is now a lifestyle and career option being pursued increasingly by a younger generation of consultants. About 30% of contractors have less than 5 years of consulting experience and 65% have less than 10 years consulting experience.
  • A staggering 42.8% of contract consultants are now working primarily for consulting firms rather than direct for end-clients.
  • I believe that the “need for contract staff” increased with organizations needing to fill the gap arising out of specific short term assignments while at the same time needing to keep a control on manpower numbers and managing the uncertainties in business.

    In addition technology has made it possible to engage staff from any corner of the world.

    Technology and vagaries of business will continue to ensure that this trend will continue.

    Any thoughts? Any opinion?

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