How Contractor Training Reduces Operational Costs

The sharing economy business model is growing so quickly in part because of the willingness of workers to serve as contractual employees paid either by the hour or by the number of jobs completed. Many now prefer to set their own schedules and work for as many (or as few) employers as they wish.

But that is also the source of one of the principle HR challenges of the sharing economy: How does the platform engage, train and retain these valuable external partners when they can leave for another gig at any time?

Traditional corporations and high turnover industries such as retail, customer service and hospitality have battled employee churn for decades. And it’s easy to see why — it costs a lot to replace an employee who voluntarily exits the position.

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