A workforce management strategy that leverages a pool of freelancers, contractors, and remote workers to meet an organization's talent needs.

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It involves maintaining a dynamic and flexible talent pool that can be quickly mobilized to address specific project requirements or skill gaps, providing businesses with agility and access to a wide range of expertise. The Talent Cloud approach enables organizations to scale their workforce efficiently, optimize resource allocation, and adapt to changing market demands while accessing a diverse range of skills and perspectives.

A tax term used for a freelancer or self-employed individual who owns and operates their business as an individual without forming a separate legal entity.

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Becoming a sole proprietor is generally understood to be the simpler option, requiring fewer steps to get started. This structure allows the individual to have full control over business decisions and operations, while also bearing personal responsibility for all business liabilities and debts. Sole proprietors report their business income and expenses on their personal tax returns, streamlining the tax process but also merging personal and business financial obligations.

A type of work or business activity that individuals engage in outside of their primary job to earn supplementary income.

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Unlike a traditional part-time job, a side hustle often offers more flexibility and control over work hours and tasks, allowing individuals to pursue their interests or develop new skills while earning extra money. Side hustles can range from freelance work and small businesses to creative projects and gig economy jobs, providing an additional source of income and personal fulfillment.

A set of guidelines established by an organization to outline the expectations, responsibilities, and procedures for employees working outside of a traditional office environment.

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This policy ensures consistency, structure, and transparency in remote work arrangements. It typically covers aspects such as communication protocols, performance expectations, data security measures, work hours, availability, and the use of company equipment. By providing clear directives, a remote work policy helps maintain productivity, accountability, and engagement among remote employees while supporting a flexible work environment.

An organization where remote work is the default mode of operation.

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Employees primarily work from locations outside of a centralized office, such as home offices or co-working spaces. While these companies may maintain some physical office space for those who prefer it, the majority of their workforce operates remotely.

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This model emphasizes a culture and infrastructure designed to support remote work as the norm, ensuring equal access to resources and opportunities for all employees, regardless of location. Remote First companies prioritize communication tools, collaboration platforms, and policies that facilitate effective remote working, aiming to create a seamless and inclusive work environment for all team members.

A situation when an employee mentally and emotionally checks out from their job and does the bare minimum to get by.

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Quiet quitting refers to doing the minimum requirements of one’s job and putting in no more time, effort, or enthusiasm than absolutely necessary. Despite the term, the worker doesn’t actually leave their position and continues to collect a salary. This phenomenon highlights a disengagement from the job while still maintaining employment, often as a response to burnout, dissatisfaction, or a desire for better work-life balance.

A situation where freelancers or gig workers engage in long-term contracts with a single client, blurring the lines between traditional employment and freelance work.

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In quasi-employment, workers may develop close working relationships with their clients and become integral to the client's operations, yet they typically do not receive the same benefits and protections as regular employees.

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See also: Permalancer

A worker who was initially hired on a freelance basis but has transitioned into a more permanent role with the same company, though typically without the full benefits of a traditional employee.

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This type of employment provides a stable income and regular work while maintaining some of the flexibility associated with freelancing. Permalancers often continue to operate with a degree of autonomy and may still manage their own taxes and benefits, but they enjoy more consistency and long-term engagement compared to typical freelancers.

A practice of individuals holding two or more full-time jobs simultaneously, often without their employers being aware.

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This trend has been enabled by the rise of remote work, allowing employees to juggle multiple roles and increase their income significantly. However, this can lead to potential issues such as burnout, decreased job performance, and ethical concerns related to loyalty and honesty with employers. Overemployment also raises questions about work-life balance and the long-term sustainability of managing multiple full-time positions.

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See also: Moonlighting