Contingent Workers May Make Up to 40 Percent of the Workforce

question 79

True/False

Contingent workers may make up to 40 percent of the workforce by the end of the decade.

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Definitions:

Operating Cash Flow

Operating cash flow is the money generated from a company's regular business operations, highlighting its capacity to sustain and grow operations.

Fixed Cost

Overhead expenses that remain constant regardless of the volume of goods or services produced by a business.

Sales Commissions

A form of payment to a salesperson for services rendered, which is often calculated as a percentage of the sales they have generated.

Chief Financial Officer

The senior executive responsible for managing the financial actions of a company, including financial planning, management of financial risks, and financial reporting.