Who Is a Contingent Workforce?

A contingent workforce is a labor pool whose members are hired by an organization on an on-demand basis. A contingent workforce consists of freelancers, independent contractors and consultants who are not on the company's payroll because they are not full-time employees of the organization.

What are the different types of contingent workers?

As a category, contingent workers may include temporary employees, part-time employees, independent contract workers, employees of the temporary help industry ("temps"), consultants, seasonal employees, and interns. In contrast, full-time, permanent employees frequently are referred to as core employees.

What is the difference between temporary and contingent workers?

Companies hire contingent employees and contract employees for a specific project or pre-determined amount of time. A contingent worker does not earn a salary from the employer. ... Temporary employees also don't receive the benefits provided to the company's full-time employees, such as paid time off and insurance.