Starved for talent? Support the freelance lifestyle at your work
Posted 01-11-2023 at 03:44 AM by amanojkumar239
Freelancing is taking over the world. The number of freelancers in the United States alone is 51 million. That makes up to 15% of their total workforce. Not only in the US but countries like Ukraine, India, Pakistan, and Brazil are also increasingly participating in the freelance economy. Employers are now more inclined towards hiring freelancers. And the younger generations also want to start a business or become self-employed.
Employers have started to realize the importance of incorporating freelancers into their hiring strategy. And the pandemic has been a blessing in disguise for both freelancers and employers. Let's understand how exactly.
After witnessing many layoffs in recent years as well as the great resignation, workers realized that they could not depend on a single income source. In other ways, freelancing might seem risky, but more is riskier depending on a single income source. Freelancing allows you to have multiple clients and gives you time freedom. Spending quality time with your family is much more important than it used to be after the pandemic. Workers have a lot of benefits with freelancing than a traditional job. But the employers were somewhat sceptical about hiring part-time workers. Because in business, you always want to retain good talent and have them work for you long-term. This huge cultural shift made them incorporate hiring freelancers into their strategy.
Many workers have started going freelance. In order to remain relevant and competitive in the talent market, employers must find a balance between traditional employees and freelancers in their organization.
Freelancers are contact bound.
Firing people is hard. During layoffs, employers face so much hate, and it's hard for them to run the businesses during tough times, knowing they will be at a loss for a while. In freelancers, employers have to work together only until the contract lasts. This saves them a good amount of money in the long run.
Specialized talent
By hiring freelancers, employers can have workers who are experts in their niche—a much simpler option than onboarding and training a newbie. Thus, less responsibility for the employers.
Flexibility and faster deliverables
Not only do freelancers provide faster deliverables, but they are also flexible with their schedules. Unlike a 9-5 traditional worker. They Don't require handholding and are less mistake-prone.
Cost saving
Freelancers don't need a workspace in physical offices. They can work from home. Also, unlike traditional employees, employers aren't entitled to give them training, health insurance, bonuses, paid time off, and payroll taxes—cost-efficient without sacrificing output.
How to attract freelancers and become a freelance-friendly organization?
Fasten and simplify the hiring process
Unlike employees, freelancers don't need to go through multiple rounds to get hired. Freelance gig marketplace platforms like Gig4u provide quality freelancers who can be hired in just a few clicks.
Compensate fairly
Take inflation into account and pay all your workers fairly. Unfair compensation may lead freelancers to go back to traditional jobs. By paying reasonably, employers can sustain great talents for the long term. Offer an ownership stake if you want to work with them for a long time.
Give flexible and remote work options.
One of the significant reasons to go freelance is workers can't cope with the rigid schedule most employers give them. That gives them very little family time. Giving flexible and remote work options can solve many workers' problems. A healthy and happy employee always performs excellently.
Build a collaborative culture and promote creativity
Ensure all your workers feel important regardless of their hierarchy or job description. And promote creativity in your organization. Otherwise, workers will leave to find out their potential. Building long-term relations requires trusting and helping each other.
Employers have started to realize the importance of incorporating freelancers into their hiring strategy. And the pandemic has been a blessing in disguise for both freelancers and employers. Let's understand how exactly.
After witnessing many layoffs in recent years as well as the great resignation, workers realized that they could not depend on a single income source. In other ways, freelancing might seem risky, but more is riskier depending on a single income source. Freelancing allows you to have multiple clients and gives you time freedom. Spending quality time with your family is much more important than it used to be after the pandemic. Workers have a lot of benefits with freelancing than a traditional job. But the employers were somewhat sceptical about hiring part-time workers. Because in business, you always want to retain good talent and have them work for you long-term. This huge cultural shift made them incorporate hiring freelancers into their strategy.
Many workers have started going freelance. In order to remain relevant and competitive in the talent market, employers must find a balance between traditional employees and freelancers in their organization.
Freelancers are contact bound.
Firing people is hard. During layoffs, employers face so much hate, and it's hard for them to run the businesses during tough times, knowing they will be at a loss for a while. In freelancers, employers have to work together only until the contract lasts. This saves them a good amount of money in the long run.
Specialized talent
By hiring freelancers, employers can have workers who are experts in their niche—a much simpler option than onboarding and training a newbie. Thus, less responsibility for the employers.
Flexibility and faster deliverables
Not only do freelancers provide faster deliverables, but they are also flexible with their schedules. Unlike a 9-5 traditional worker. They Don't require handholding and are less mistake-prone.
Cost saving
Freelancers don't need a workspace in physical offices. They can work from home. Also, unlike traditional employees, employers aren't entitled to give them training, health insurance, bonuses, paid time off, and payroll taxes—cost-efficient without sacrificing output.
How to attract freelancers and become a freelance-friendly organization?
Fasten and simplify the hiring process
Unlike employees, freelancers don't need to go through multiple rounds to get hired. Freelance gig marketplace platforms like Gig4u provide quality freelancers who can be hired in just a few clicks.
Compensate fairly
Take inflation into account and pay all your workers fairly. Unfair compensation may lead freelancers to go back to traditional jobs. By paying reasonably, employers can sustain great talents for the long term. Offer an ownership stake if you want to work with them for a long time.
Give flexible and remote work options.
One of the significant reasons to go freelance is workers can't cope with the rigid schedule most employers give them. That gives them very little family time. Giving flexible and remote work options can solve many workers' problems. A healthy and happy employee always performs excellently.
Build a collaborative culture and promote creativity
Ensure all your workers feel important regardless of their hierarchy or job description. And promote creativity in your organization. Otherwise, workers will leave to find out their potential. Building long-term relations requires trusting and helping each other.
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