It used to be that when a company needed additional talent to get a job done, they generally had two options: hire a new employee, or outsource the work to another company. The idea of using contingent talent (also known as freelancers) was practically a foreign concept. Yet nowadays, the traditional supply-base model for matching…
The world of work has undergone a dramatic transformation in the last few years. The COVID-19 pandemic and “Great Resignation” have caused millions of individuals to switch to new employers, leave the workforce entirely, or become independent contractors. In fact, Americans For Prosperity reports that 36 percent of American workers freelance. This large, diverse group…
With the number of freelancers in the United States alone expected to exceed 90 million by 2028, it should come as no surprise that countless platforms have arisen online to connect freelancers with clients. While many of these platforms have been able to do just that, not all of them have done so with a…
Over the past two years, the labor market has experienced monumental shifts. Yet, one constant remains: freelancing. Prior to the early stages of the COVID-19 pandemic, a mere 12% of the U.S. workforce was freelancing. Now, as we near the end of 2022, freelance workers have contributed $1.3 trillion to the economy, and nearly 40%…
The recruiting industry has long been primarily focused on matching workers to companies for temporary or full-time in-office employment. Generally speaking, the idea was that the company had a specific position that it needed filled, and recruiters did the heavy lifting of finding someone to fill it. Nowadays, however, recruiting isn’t so simple. The rise…
These days, it seems that businesses have more resources available than ever to hire freelancers. Platforms like Upwork and Fiverr claim to offer access to millions of freelancers that organizations can use for a wide range of projects. But one challenge remains consistent, even as companies become more comfortable with the idea of hiring contingent…
In the wake of the Great Resignation, talent retention has become a more important priority for staffing agencies and other business owners than ever before. 2021 saw a record-breaking 47.8 million workers quit their jobs in search of greener pastures. At the same time, increased interest in remote work has led many businesses to adopt…
While no one can fully predict what the future may hold, there is no ignoring the signs of the times. The working world is changing rapidly. Freelancers are expected to become the majority of the U.S. workforce by 2027. As of January 2022, 59 percent of workers who had jobs that could be performed remotely…
Traditionally, most work organizations would rely primarily on full-time workers. Now, however, this is starting to change as more companies move toward what is known as a “blended talent model” — a workforce that sees both permanent and contingent workers (or freelancers) working in tandem on tasks for the company. There are several reasons why…
The COVID-19 pandemic saw a dramatic change in how companies viewed remote work. As a study from NCCI reveals, three-quarters of employees had never worked remotely prior to the pandemic. Contrast that with May 2020, when one-third of the workforce was working remotely — including three-quarters of individuals employed in office-based businesses. Many businesses recognized…
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