Published in : ciol.com

The Gig CxO concept is slowly gathering momentum where corporates are on the lookout for ‘specialists’ for considering a job quickly, expertly and most importantly, at lower costs. In sectors like Fintech, EdTech, Constructions, Digitization and Regulatory Approvals, corporates are starting to prefer a specialist (a temp CxO) over a full-time role.

The concept of a Gig CxO or temp CxO quickly rose amid the pandemic, when many tech companies chose to grow their management vertically. According to a Times of India report, a Gig CxO is normally above 50 years of age. He/She has wealthy work expertise and isn’t hung up on designations. They carry out a project as an undertaking lead or an adviser. The article included several examples of why some corporates moved to temp CxOs over hiring someone full time – especially for the role of a financial analyst. But the term does not limit to industry leaders who are about to retire.

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