More Big Companies Are Hiring Freelancers. That’s Good News For The Self-Employed

This article from Forbes.com written by Forbes’ Senior Contributor Elaine Pofeldt covers how a  growing number of employers are turning to freelancers for help during the current labor shortage, and self-employed professionals are reaping the benefits of higher demand, according to a new report from MBO Partners, which provides back-office services to freelancers.

The average enterprise company reported that “contingent” labor now makes up 28% of its workforce, according to The Contingent Labor Imperative: How Agile Enterprises Succeed in a Modern Workforce Model. “Contingent” refers to non-permanent labor, such as temporary agency workers, internal temporary workers, freelancers, independent contractors, and “statement of work” consultants.

82% of the organizations surveyed said that more than half of their contingent labor force is made up of skilled contingent workers. The top reasons for turning to contingent labor are meeting temporary workload needs, increasing productivity, getting tasks done more quickly and getting access to specialized skills and hard-to-hire talent, the survey found.

Many of the companies that are upping their commitment to working with contingent labor are putting formal systems and processes in place to manage them. However, the majority are “direct sourcing,” or reaching out directly to freelancers. More are using internal independent talent worker marketplaces, as well.

For the entire article visit: [https://www.forbes.com/sites/elainepofeldt/2022/08/30/more-big-companies-are-hiring-freelancers-thats-good-news-for-the-self-employed/?sh=5d36f6e94837]

By Career Design Lab
Career Design Lab