The Evolution of Workforce-as-a-Service

THE EVOLUTION OF WORKFORCE-AS-A-SERVICE Welcome to the Workforce-as-a-Service (WaaS) era. 1099 employees are on the rise and thriving being their own boss. Businesses are tapping into the short-term workforce as a way to lower costs and maximize productivity. Fueled by the Sharing Economy, Fortune 1000 companies will spend $1.5B on WaaS this year. INDUSTRIAL REVOLUTION: 1ST GENERATION WORKFORCE 80% Technology advances – steam engines, electricity, cars - transform the economy, almost every industry and society as a whole. of workforce is manual labor. Employers offer healthcare as recruiting tool during WWII economy. DIGITAL REVOLUTION: 2ND GENERATION WORKFORCE 2 SMARTPHONE