Address the following questions in a well-integrated analysis:
The Hippie and Stewart article, “Earnings and Benefits of Contingent and Noncontingent Workers,” explores the premise of how contingent workers, who have become a key foundation of the U.S. workforce, are compensated. In this assignment, compare and contrast the various aspects of how contingent workers are compensated compared with regular workers. As you undertake this comparative analysis, address the following:
How might the employment of contingent employees affect an organization’s business, its HRM responsibilities, its overall costs, and its organizational culture? In your educated opinion, should the compensation of contingent workers be the same (on a pro-rated basis) as regular, full-time employees doing the same work? Discuss, bringing in both the strengths and challenges this approach presents. How would you, as the CEO of the company, create a sense engagement with the infusion of contingent workers in a workplace that historically consisted of regular, full-time employees?