Differences between Professional Services and Contingent Labour
Professional services and contingent labor are two distinct types of employment arrangements. Professional services are provided by skilled individuals who are experts in their field and are hired to work on specific projects or tasks for a set fee or hourly rate. These individuals are typically highly educated and have substantial experience in their field. On the other hand, contingent labor is a type of employment that involves hiring workers on a temporary or part-time basis. These workers are usually not highly skilled and are employed on a per-job or hourly basis. The key difference between professional services and contingent labor is in the level of expertise and the duration of the engagement. Professional services involve highly skilled individuals who are hired for a specific project or task, while contingent labor involves less skilled workers who are brought in on a temporary or part-time basis.
This mind map was published on 16 May 2023 and has been viewed 137 times.