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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Freelancer Management System (FMS)

A cloud-based workforce management platform. The FMS helps businesses initiate, manage, complete, track and analyze engagements with individual independent workers, who may be sourced by the provider or the business itself. To fall within the FMS category, a solution provider must provide a complete, end-to-end technology system that allows users in an organization to search for and find a particular worker and activate, complete, and pay for the work engagement within the system. Staffing Industry Analysts views FMS as a sub-category of Online Staffing Platforms as it enables specific hirers and specific (typically contingent) workers to enter into, complete and transact work arrangements.

Just-in-Time Staffing (JITS)

A subset of online staffing platforms. JITS essentially comprises labor intermediaries that are web/smartphone-enabled and provide a staffing-like service for on-site, blue collar work. These companies are unique in that they combine the technology of more typical freelancer marketplaces (such as a two-sided digital labor marketplace, ratings system, and algorithmic recruiting, management, and matching) with services that are typical of a more “traditional” staffing firm, such as screening and recruiting. In the US, these companies act as the Employer of Record for the worker(s), either themselves (handling statutory employment taxes and workers’ compensation as a traditional staffing firm would) or via a payrolling firm. Outside the US, JITS firms typically operate under local temporary agency worker legislation. The work engagements via JITS are typically characterized by being very short-term in nature (i.e., hourly) and requests from clients are filled very quickly.
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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