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APAC countries reveal growing use of contingent workforce

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7/27/22, 2:38 PM APAC countries reveal growing use of contingent workforce | HRD Asia https://www.hcamag.com/asia/specialisation/employment-law/apac-countries-reveal-growing-use-of-contingent-workforce/401678 2/5 Companies across the Asia Pacic (APAC) are utilising the contingent workforce, with some revealing in a new study that they plan on expanding their usage. The contingent workforce includes short-term and xed-term contractual employees, freelancers, and independent contractors who are outsourced to agencies. The latest business survey report from PERSOLKELLY, an HR solution company, revealed that 58% APAC companies are gradually turning to the contingent workforce to overcome headcount shortages. In fact, nearly half or 46% of the employers surveyed in the report said they hired a contingent workforce for up to 10% of their stafng needs in the last year. Their four main reasons for adopting a contingent workforce include: it offers exibility to workforce planning it lls roles without disrupting operations brings in specic skills on short-term/project basis (from a few months to one to two years) allows time for evaluation prior to hiring permanently According to the report, the following areas that have adopted the contingent workforce: Indonesia (67%) Hong Kong (66%) Malaysia (64%) Singapore (60%) The sectors most in favour of using a contingent workforce are IT/Hi-Tech, Healthcare/Pharmaceutical, FMCG, Logistics/Supply Chain, Financial Institutions/Banking,

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