Does your business use independent contractors? In the gig economy, retaining independent contractors is just as important to a business as employee retention. Having a consistent, reliable, independent contractor workforce saves businesses time and money. But what are the best practices to retain independent contractors? As experts in the gig economy and independent contractor management, see below for our list of 4 tips for independent contractor retention.
1. Communicate Regularly – Maintaining regular, proactive communication is crucial to retaining independent contractors. Monthly newsletters are a great way to build regular communication between your business and independent contractors. You can keep them updated on your business as well as the different resources your business has to offer. Only communicating reactively or in response to problems and difficulties can make it nearly impossible to build and nurture a relationship between your business and their’s. Regular, proactive communication shows your independent contractor workforce that you value their work and are there to support them.
2. Encourage Business Development – Independent contractors are entrepreneurs, just like you. Encouraging an entrepreneurial spirit in your independent contractors reinforces your commitment to them while encouraging them to invest in themselves and their business. Delivery Drivers, Inc. developed the Driver Entrepreneur Program which gives independent contractors the opportunity to reduce their management costs by up to 30% (actual savings may vary).
3. Offering Perks – Offering your independent contractor workforce perks is a great way to show you care. At DDI, we offer our independent contractor workforce discounts on services they use for their delivery businesses such as discounted tax services and automotive services. We also have partnerships with multiple health care and alternative health care companies to offer independent contractors health care options. It can be expensive running a business and offering your independent contractors discounts and services they otherwise might not get can greatly increase retention.
4. Partner with Delivery Drivers, Inc. – We want your business and independent contractors to be successful! That’s why we offer resources, perks, and programs to support independent contractors! We can help your business AND independent contractor workforce maximize profits, minimize risk, and increase efficiency. Contact us today to find out how we can help you!
Don’t currently utilize an independent contractor workforce but are interested in making the switch? Contact us today!