How companies can accelerate faster with freelance expertise
Covid-19’s impact soon made companies realize how their long term plan for embracing Gig economy is now cut short and the need for hiring freelance experts is now more than ever. Companies used to invest close to 4 months sourcing talents, and eventually experience very little productivity jump from the candidates in the first 6 months. Almost a year lost to transition and starting fresh. Imagine doing this every year for at least 100 roles for a 5000-employee firm.

Now companies no longer aspire to hire professionals who stick around with them for decades, take a pension and retire. They instead need versatile experts that have a diversified portfolio as a security. You will witness an upward spike of 50 % in US citizens contributing to the freelance workforce in next 10 years, said Forbes.

Freelancing is the new future of work and below are some of the sizable benefits of this approach.

Keep your company overhead low

There is no magic bullet to lowering your company overhead. You need to reassess your staff, leverage existing client base for promotions, control purchasing and re-evaluate 3rd party contracts. Keeping overheads down is yearlong effort and results don’t come overnight. Instead increasing traction by engaging with freelance workforce could be an effective and easier way out.

Desire for flexibility

Younger workforce demand remote work with best of breed mobile first technologies to support them. Overall companies will take time to get in sync to these modern trends. However, by leveraging the freelance workforce you can eliminate the strict nine to five workday and provide telecommuting, flexible routine to a Millennial/Generation Z freelancer. This way you can accelerate your workflows, maintain top talent and ensure a positive work life balance within the firm.

Hybrid workforce

Your workforce could be people based, machine based, or a hybrid of the two. Managing a hybrid workforce is all about adjusting the balance between digital and humans and understanding when humans need to intervene. Rather than having your IT resource spend time on troubleshooting WiFi passwords and setting up VPN networks, you can up-skill them to learn AI/ML skills and contribute to customer experience and scale IT driven business.

Now is the time to embrace the freelance economy, build hybrid workforce and bring in the expertise that doesn’t exist in your organization.
['Avvnue Editor']
['Startup', 'Freelance', 'Expert Networks', 'Gig Economy']