{"id":17073,"date":"2023-03-16T15:05:14","date_gmt":"2023-03-16T15:05:14","guid":{"rendered":"https:\/\/fieldnation.com\/?p=17073"},"modified":"2024-09-13T10:18:54","modified_gmt":"2024-09-13T15:18:54","slug":"the-new-work-equation","status":"publish","type":"post","link":"https:\/\/fieldnation.com\/resources\/the-new-work-equation","title":{"rendered":"The New Work Equation"},"content":{"rendered":"<p><b>Minneapolis, Minn. (March 16, 2023) \u2013\u2013 <\/b><span style=\"font-weight: 400;\">Field Nation, the leading on-demand labor platform for IT field service work, today released results from its <\/span><a href=\"\/resources\/contractor-study\"><span style=\"font-weight: 400;\">&#8220;State of Independent Contracting in Field Services&#8221;<\/span><\/a><span style=\"font-weight: 400;\"> report. The landmark study conducted by independent research firm <\/span><a href=\"https:\/\/radiusinsights.com\/\"><span style=\"font-weight: 400;\">Radius<\/span><\/a><span style=\"font-weight: 400;\"> found that 62% of technicians prefer independent contracting, and 36% prefer a hybrid of independent contracting and traditional employment \u2013 highlighting a dynamic shift in how work gets done.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Many IT field service technicians prefer independent contracting, from retirees lending their skills to side hustles to professionals choosing to contract as their full-time career. Why are they making this shift? 36% of technicians cited flexibility, and 27% cited autonomy and control as top reasons, according to the newly-released report.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Flexibility is a key reason why Tamika Fields chose to contract. \u201cThe standard workday model doesn\u2019t always accommodate work-life balance and balance is important to me,\u201d she says. \u201cThere were times that I had to leave the industry to go to school full-time or to be more present as a parent. With independent contracting, there is flexibility to select the type of work that helps you maintain a high-quality lifestyle without sacrifices.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cGrowth in independent contracting is taking hold in the field service industry as more technicians look for greater flexibility, autonomy, and control over their work and time,\u201d says <\/span><a href=\"https:\/\/fieldnation.com\/?utm_source=pdf&amp;utm_medium=contractor_study&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros&amp;utm_source=pr&amp;utm_medium=referral&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros\"><span style=\"font-weight: 400;\">Field Nation<\/span><\/a><span style=\"font-weight: 400;\"> Founder and CEO Mynul Khan. \u201cAt the same time, field service leaders are searching outside the box for a strategic edge to combat competitive pressures and labor shortages. It is a win-win opportunity for those willing to embrace this shift and leverage a blended workforce.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the report, 67% of independent contractors choosing on-demand labor platforms have been doing on-site IT work for over a decade. Moreover, 3 out of 4 independent contractors that use platforms have formal IT-related training and education, and 3 in 5 have an IT-related certification.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cFor technicians, these findings illustrate the engagement and satisfaction of working as an independent contractor,&#8221; says Khan, \u201cand for field service leaders, they are a testament to the highly-skilled, experienced professionals ready to support new and emerging technologies and who care about working with great companies and doing great work.\u201d<\/span><\/p>\n<p><b>Additional key findings:\u00a0<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Independent contractors are satisfied with their work<\/b><span style=\"font-weight: 400;\">. 4 out of 5 IT field service independent contractors are satisfied, finding it easier to align their work with their top priorities, leading to increased job engagement and a willingness to continue their work. Over 70% stated their work-life balance has improved.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Here to stay. Contractors are committed to growth and new opportunities. <\/b><span style=\"font-weight: 400;\">39% of IT field service contractors cited retirement as their main reason for not continuing with contracting, indicating an \u201call-in\u201d attitude for many contractors.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To read the full report, visit <\/span><a href=\"https:\/\/discover.fieldnation.com\/contractor-study-lp?utm_source=linkedin&amp;utm_medium=cpc&amp;utm_campaign=field_intel&amp;utm_content=contractor_study&amp;utm_marketing_tactic=mof_buyer_pros\"><span style=\"font-weight: 400;\">&#8220;State of Independent Contracting in Field Services&#8221;<\/span><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><b>About State of Independent Contracting in Field Services<br \/>\n<\/b><span style=\"font-weight: 400;\">The report reviews current contractors\u2019 perceptions of field service contracting, including assessing the barriers and benefits. This report also incorporates secondary research on current workforce market status, trends, and the impact of recent economic events on the workforce and independent contract work.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The study was conducted by independent research firm Radius during Q4 2022. In total, 889 respondents out of 9,015 technicians were invited to take the survey. Eligible survey participants included independent technicians who logged into Field Nation platform within the previous six weeks and completed a work order in the last six months. This response rate puts our confidence level at 95% with a ~3.1% margin of error.\u00a0<\/span><\/p>\n<p><b>About Radius<br \/>\n<\/b><a href=\"https:\/\/radiusinsights.com\/\"><span style=\"font-weight: 400;\">Radius<\/span><\/a><span style=\"font-weight: 400;\"> is a full-service marketing research company and consultancy that focuses on understanding the critical points of a brand\u2019s growth journey to help drive long-term success. Learn more at <\/span><a href=\"https:\/\/radiusinsights.com\/\"><span style=\"font-weight: 400;\">radiusinsights.com<\/span><\/a><\/p>\n<p><b>About Field Nation<\/b><span style=\"font-weight: 400;\"><br \/>\n<\/span><a href=\"https:\/\/fieldnation.com\/?utm_source=pdf&amp;utm_medium=contractor_study&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros&amp;utm_source=pr&amp;utm_medium=referral&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros\"><span style=\"font-weight: 400;\">Field Nation<\/span><\/a><span style=\"font-weight: 400;\"> connects businesses with a nationwide network of contract IT pros to get on-site work done. Businesses can build their flexible workforce in geographies across the U.S. and Canada and technicians can find work that fits their schedule and skill set. Our mission is to match every technician with the right job, and connect every service team to professionals who are invested in getting the job done right the first time. Learn more at <\/span><a href=\"https:\/\/fieldnation.com\/?utm_source=pdf&amp;utm_medium=contractor_study&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros&amp;utm_source=pr&amp;utm_medium=referral&amp;utm_campaign=field_intel&amp;utm_content=home_page&amp;utm_marketing_tactic=tof_buyer_pros\"><span style=\"font-weight: 400;\">fieldnation.com<\/span><\/a><\/p>\n<p><b>About Field Intel<br \/>\n<\/b><a href=\"https:\/\/discover.fieldnation.com\/field-intel\"><span style=\"font-weight: 400;\">Field Intel<\/span><\/a><span style=\"font-weight: 400;\"> covers both the market at large and specific trends within the space. As the only analysis dedicated exclusively to on-site service trends, it aims to provide thoughtful intelligence and insight leaders can use to manage for today while planning for tomorrow. Field Intel&#8217;s latest, <\/span><a href=\"https:\/\/fieldnation.com\/resources\/definitive-guide-2023\"><i><span style=\"font-weight: 400;\">The Definitive Guide To Field Service in 2023<\/span><\/i><\/a><span style=\"font-weight: 400;\">, covers trends and predictions across verticals, services and technology.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Minneapolis, Minn. (March 16, 2023) \u2013\u2013 Field Nation, the leading on-demand labor platform for IT field service work, today released results from its &#8220;State of Independent Contracting in Field Services&#8221; report. The landmark study conducted by independent research firm Radius found that 62% of technicians prefer independent contracting, and 36% prefer a hybrid of independent [&hellip;]<\/p>\n","protected":false},"author":53,"featured_media":17070,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"xn-wppe-expiration":[],"xn-wppe-expiration-action":[],"xn-wppe-expiration-prefix":[],"footnotes":""},"content-group":[],"class_list":["post-17073","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","fldn_content_category-company","fldn_content_category-independent-contracting","fldn_content_type-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The New Work Equation | Field Nation<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fieldnation.com\/resources\/the-new-work-equation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The New Work Equation | Field Nation\" \/>\n<meta property=\"og:description\" content=\"Minneapolis, Minn. (March 16, 2023) \u2013\u2013 Field Nation, the leading on-demand labor platform for IT field service work, today released results from its &#8220;State of Independent Contracting in Field Services&#8221; report. 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