RGP Inc. (Nasdaq: RGP), an Irvine-based global business consulting and employment services firm, has launched a new digital staffing platform for professional workers in the gig economy.
RGP said today the platform called “HUGO” offers the “protection, certainty and service benefits of RGP’s employee-based model while retaining the freedom and flexibility inherent in the new gig economy.”
HUGO allows hiring managers to accelerate projects and timelines while relieving businesses of the costly burdens of HR, payroll and tax requirements, and helps talent match and land gigs with companies ranging from the Fortune 100 to startups.
The model offers candidates benefits and membership of traditional employment such as earned paid time off, healthcare coverage, and access to development and training, according to RGP.
“HUGO by RGP illustrates our commitment to the ‘Now of Work’ and the reality of how clients and professionals want to engage in this environment,” said RGP CEO Kate Duchene.
Shares in RGP rose 0.9% to $17.77 apiece for a market cap of $589.7 million following the announcement of HUGO.
For further details, please see the Oct. 25 printed edition of the Business Journal.