Facing top talent shortage, senior execs going freelance
The shifting demographics of the workplace are opening the door to a new kind of freelancer: the temporary senior manager.
As the shortage of senior managers grows, executives are choosing to go on their own and embrace the flexibility of the freelance life.
Freelancers might arrange to work only six months of the year, to work seasonally between warm and cool climates, or to come on board only when a project is particularly enticing.
Meanwhile, companies— who were once reluctant to turn over management tasks to outsiders—are coming around to what some experts say is an emerging new economic model in which managers are hired on a project basis. Companies are changing—because they have little choice and because they see the advantages of using temporary managers.
In many surveys, Baby Boomers in particular report that they would rather work part-time or on their own terms rather than work full-time or retire.
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LAST UPDATED 4/9/2008