While the word “raket” sounds heaven to freelancers, companies throughout the world have found great value in tailoring their business to accommodate on-call or part-time jobs. To be clear in our discussion, raket only refers to legitimate and legally permissible earning activities.
Through a deeper analysis, businesses are actually the parties that are bound to benefit the most from the “raket economy” (popularly known internationally as “gig economy”). By definition, a raket economy is “a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements.’ In short, a “raket economy” enables businesses to hire on-call or part-time personnel within a specified duration.
Below are a number of cases in which the “raket economy” helps businesses in many aspects of their operation:
1. Businesses are generally able to save resources in terms of benefits, office rental and manpower training under a “raket economy”. For catering business owners, they have the option to hire on-call chefs for specific orders/projects rather than maintaining a regular chef who may be too high-priced to hire and keep.
2. Businesses would also be afforded with the flexibility to hire talent on seasonal basis depending on their busiest periods of the year. For example, food bazaars and catering demands increase during the so-called “Ber” months. By adopting the “raket” culture into their business models, companies can ramp up their hiring of on-call waiters and cooks based on market and client demands. Considering the fluctuating staffing needs within a given year, some companies will be better off financially by adopting the “raket” culture.
3. Businesses are also able to benefit financially as they can pay less and spend less time in bringing talent on-board as it is expected that these part-timers/free-lancers have acquired the basic skills to perform the tasks required. Businesses will not have to be worried with blending new talent into a pre-set company culture through lengthy orientations, briefing kits and learning curve schemes. In the long run, companies even have the prerogative to keep the part-timer/free-lancer in their recruitment pool or permanently employ him/her exclusively as a result of his/her excellent performance.
The challenge for business owners is to find the right balance between implementing innovations within their business model while preserving the traditional tried and tested formula. By having the right mix of regular and contingent workers in their fold, companies will be in a good financial position to operate sustainably while helping free lancers earn adequate sums of money for a specific period.
Companies are most welcome to join the “raket” economy. Servehappy Jobs can cater to your needs to employ free-lancers/on-callers. We currently service catering companies and food businesses that offer part-time/on-call work.