July 23, 2017

Consultants get in on the gig economy



Close up portrait of a young businessman relaxing and drinking coffee in the city
Copyright: mimagephotography / 123RF Stock Photo

Boston-based Catalant, formerly known as HourlyNerd, is shaking up the consulting industry. Call it the gig economy meets the MBA set.

The company, launched as a class project at Harvard Business School in early 2013, made significant inroads last year and now has 38,000 experts on its platform . Consultants with know-how in health care, financial services, consumer goods, travel, sports, and manufacturing are all available on demand or for a specific project.

Catalant has helped companies including General Electric and Pfizer find consultants to tackle their business problems, says Rob Biederman, who cofounded Catalant with Patrick Petitti, Peter Maglathlin, and Joe Miller.

The company has started expanding to connect with firms that need its talent. Catalant also offers its technology to companies that want to track internal worker expertise and even that of retirees, whom they may want to bring back or assign to specific projects.

Catalant’s technology has an obvious advantage for companies that prefer to hire a business expert on a short-term basis, without the overhead of benefits and other costs. But what about the freelancers?

Biederman and Petitti say the project rates the consultants charge include the cost of benefits. Furthermore, their technology allows […]

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About NGE Staff 9497 Articles
The News for the Gig Economy Staff is constantly searching the web for the latest news regarding freelancing and gig platforms to bring them to you in one handy place. All articles with this generic author have been sourced with the original location at the bottom of the piece. We encourage our readers to view the original source of all excerpts. NGE is a project of ARC Online, LLC.

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