Get All Access for $5/mo

Free Agent Backlash What does it mean for your business?

Maybe so, but is an employer backlash looming against the "free agent nation"? Workplace consultant John Izzo, co-author of Values Shift: The New Work Ethic & What It Means for Business (Fairwinds Press), sees resentment of freelancers as employers fight to hang on to their full-time employees in a tight labor market. While many employers realize they need to outsource certain aspects of their businesses to be cost-effective, they now want to create loyal stakeholders in their businesses. "There's an acceptance that free agents are part of the landscape," says Izzo, "but there's [also] a trend toward wanting people who have a financial and personal stake in the company."

Excerpted from the June issue of Entrepreneur magazine

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business News

'I'm Not Trying to Land on Mars': Mark Cuban Takes Dig at Elon Musk to Explain Why His Online Pharmacy Isn't Trying to Make More Money

Mark Cuban Cost Plus Drug Co. is an online pharmacy co-founded by Cuban and radiologist Alex Oshmyansky.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'It's Not About You': How to Fire Someone Effectively, According to Kevin O'Leary

O'Leary says that if you can't fire someone, you aren't the right leader for the organization.

Leadership

Should I Stay or Should I Go? 8 Key Points to Navigate the Founder's Dilemma

Here are eight key signs that help founders determine whether to persevere or let go.

Business News

Meta Makes $1 Million Dollar Donation to Donald Trump's Inaugural Fund

Meta CEO Mark Zuckerberg also reportedly gave Trump a pair of Ray-Ban Meta smart glasses.