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Demand for contingent workers rises
Employers in the financial and insurance services are one of the fastest growing users of contingent workforces, according to the Kinetic Super.
Kinetic Super’s Contingent Job Index Report found this was a growing trend across both white and blue-collar professions within Australia.
The report found Victoria and Tasmania had seen the fastest increase in the growth of use of contingent labour, up 70 per cent across temporary, contract and casual roles.
Commenting on the findings, Kinetic Super chief executive Katherine Kaspar, said the fund had a large customer base within that.
“Contingent workers…make up majority of our members – and their unique requirements,” she said.
“This has allowed us to offer invaluable insights into the trends and issues impacting part time, flexible and transient workers across all industries and occupations.”
Education and training was the largest industry user of contingent staff (42.7 per cent as of August 2017) while financial and insurance services saw a 50.7 per cent increase between March and August this year.
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