The Future of Flexible Work Report
Contractor Management & Hiring Trends
New data from 500+ Finance, HR & Operations leaders reveals how contractors are reshaping the workforce — and the operational gap most companies are failing to close.
- How independent contractors are now a fundamental part of a company’s workforce.
- Where the hidden friction of contractor management creates growing operational burdens.
- Why contractor experience matters more than you think.
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Contractors are now core contributors
The gig economy narrative has long overshadowed a more significant shift in the workforce. Highly skilled independent contractors aren't filling gaps — they're driving revenue.
This is no longer gig work. Independent contractors — particularly in healthcare, professional services, and insurance — are core contributors delivering billable work and specialized expertise that companies can't hire fast enough. With 56% of companies planning to scale their contractor workforce in the next three years, the infrastructure decisions made today will determine whether that growth is smooth or a bottleneck.
Finance, HR, and Operations view contractor management differently
When contractor management breaks down, it rarely surfaces at the top of the org chart — it gets absorbed by the Directors and Managers closest to the work. That gap between executive confidence and ground-level reality is one of the most striking findings in our data.
Operations teams are twice as likely as any other department to exceed 81 hours per month on contractor-related work. And because this burden is spread across Finance, HR, and Operations simultaneously, most leadership teams are underestimating the true cost to the business.
Contractor retention hinges on payment speed and a clear onboarding experience
For high-demand contractors who can choose who they work with, payment delays and onboarding confusion aren't just inconveniences — they're dealbreakers. And because 84% of contractors are doing billable work, churn is a direct threat to the bottom line.
This is no longer gig work. Independent contractors — particularly in healthcare, professional services, and software development — are core contributors delivering billable work and specialized expertise that companies can't hire fast enough. With 56% of companies planning to scale their contractor workforce in the next three years, the infrastructure decisions made today will determine whether that growth is smooth or a bottleneck.
Live Webinar
Want to learn more about the four key findings from The Future of Flexible Work: Why the Contractor Experience Matters? Join our live session on April 22 at 1:00 PM (ET).
Register here