Talent Development Centre

The New Gig Economy for Baby Boomers


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Frances McCart By Frances McCart,
Vice-President, Business Development at Eagle

The New Gig Economy for Baby BoomersThe Globe and Mail recently published an article about all the buzz around the new “gig” economy, and how it is not just for millennials.

A ‘gig economy’ is defined as “an environment in which temporary positions are common and organizations contract with independent work for short-term engagements.”

This article highlights the fact that senior level resources and recently retired executives are now realizing the opportunities that are now present due to the “gig” economy and how they may benefit from them.

Eagle began to see the need to provide clients with access to senior resources (on either an interim or consulting basis) who have left their traditional roles in industry.  Over the past 5 years, since launching the Executive and Management Consulting (EMC) division, we have seen the talent pool of industry experts and former management consultants virtually explode.

Clients are realizing that they can now access these subject matter experts and strategic resources without going the traditional route of engaging a consulting firm.  The resources that we work with bring a depth of expertise and professionalism to a client that often exceeds what they can access through other consulting and sourcing channels – and at a fraction of the cost.  These resources typically bring at least 15-20 years of hands on experience managing large business transformation related projects, or have deep subject matter advisory expertise.

Clients have started to understand the large untapped talent pool of resources who are keen to work and have discovered what an asset they are to their organization.  These resources not only bring in-depth expertise to the client, but an incredible work ethic.  The baby boomer “gig” economy is a fast growing demographic with thousands of people entering the economy every year.  Most candidates that we have spoken to are excited about the opportunities in the market, often not limiting their work to their home city or country.  The key to anyone entering the next stage of their career is to take the time to plan what is most important to you and how to market your new brand into the marketplace.

3 thoughts on “The New Gig Economy for Baby Boomers

  1. Your closing phrase “how to market your new brand into the marketplace” is suggestive of a topic for a future article. Hoping to see that soon!

    1. Thank you for commenting, Maurice. We agree, some more information for Baby Boomers marketing their brand into the market place is a great topic for a future post! In the meantime, please check out some of these posts that may also help:
      https://jobs.eagleonline.com/how-to-manage-your-brand/
      https://jobs.eagleonline.com/how-to-identify-and-create-your-personal-brand/
      https://jobs.eagleonline.com/the-outstanding-opportunities-for-a-senior-executive/

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