Free agent (business)

SmallBusiness.com: The free small business resource

Jump to:navigation, search

In business, a free agent refers to someone who works independently for oneself, rather than for a single employer.[1] The term is inspired by professional athletes in certain U.S. leagues like the NFL or NBA who, after a certain number of years under contract with the team who first drafts them, are free to negotiate for a position with any team in the league. In business, "free agents" include self-employed workers, independent contractors and temporary workers, who altogether represent about 22 percent of the U.S. labor force. The combination of several workplace trends – including shortened job cycles, the increase of project work, the acceptance of a new lifestyle and the emergence of the Internet and other technology – points to free agent workers becoming more of an employment norm in the coming years. In a 2002 survey sponsored by Kelly Services, a global staffing company, 93 percent of free agents believe demand for their skills is moderate or high.[2]

References

Category:Human resources

Contributors

Creator: Vanessakcarr

Recent Contributors: Jb, Vanessakcarr

SmallBusiness.com is the free small business wiki-sourcebook that you can edit.
Navigation
Toolbox