Freelance work has grown significantly over the past couple of years and is expected to increase in the future. With such growth, it is forecasted that freelancers and online workers will account for as much as 80% of the workforce worldwide. What was previously considered as extra jobs and side gigs, freelance work has today become an excellent employment option.
One reason for its development is that conventional 9-5 office work is not compatible in the interconnected world. Another reason is the corresponding growth, as well as, the sophistication of the freelance websites and platforms.
Freelance platforms are important for both employers and workers. According to one Upwork report, 80% of corporations are planning to increase the usage of freelancers. There is also a 30% demand increase in the number of projects accomplished through these websites.
If you think only startups and small businesses use freelance websites you are wrong. Did you know that 100 out of Fortune 500 businesses are using Upwork? Apparently, freelance is getting more and more popular and people find it both convenient and profitable.
What Do Freelance Websites Do?
Wondering what is the main purpose of freelance websites? Businesses and individuals looking for professional assistance can use freelance platforms to hire workers for projects and job roles that don’t require employment, at least not permanently.
All freelance websites like Upwork, Fiverr, and many more allow freelancers to create a profile, present their work portfolio, and chat with employers. The businesses can search a directory of workers based on skills, experience, and other criteria. They can outsource labor, technical or time-intensive work and focus on their important business activities.
In other words, the freelance websites function like hiring platforms and collaboration and communication workspace.
- Shortlist candidates: Businesses can shortlist applicants and conduct interviews to select all the good fits for the upcoming project. They can also review client feedback, candidate’s skills, related experience, and time zone among other factors to prepare the shortlist for the job interviews. The best way to attract high-quality workers is to create an excellent online brand presence. This will increase the interest in your business and freelancers will want to work for your project.
- Communication and collaboration platform: There are websites that offer a chat tool and workroom to allow workers to contact clients at any time.
- Track work time: Many websites and platforms for freelancers provide a desktop app to allow businesses and employers to track work time.
- Quality control: Business can authorize payment only after checking the final project for quality and other criteria. They can also make payments only after their specifications and needs are reached.
- Rate freelancers: These websites have a policy to rate freelancers based on the work they’ve done. You can highlight your best workers or warn other businesses of unreliable freelancers.
Why You Need to Use Freelance Platforms
There are numerous benefits of using freelance platforms for both businesses and freelancers. Here are some of the benefits you should know about:
Access to Talented Workers
Businesses can access a talent pool of hundreds of thousands of freelancers so they can find quality and suitable workers for their upcoming projects. By releasing a detailed job offer, businesses can attract a wave of applications from experienced freelancers.
Freelancers can find a lot of job opportunities and a chance to meet new clients.
Appeal to Millennials
Today’s young generation doesn’t want to hear about the traditional 9-5 job. Instead, they want the freedom to work with whomever they want, whenever they want. Many millennials also want to give more time to work on their skills and want to live a meaningful and fulfilling life. Freelance platforms are the perfect place for this generation of people. They are a boon to millennials as they can work to earn as much as they want and spend the rest of their time on other activities.
Hire Freelancers on Demand
You can hire freelancers on a need-to basis. If the freelancer doesn’t submit good quality work, you can terminate their services without any troubles involved in full-time employees cases. It is simpler to find good and quality workers.
Freelancers can prove their experience and show off their skills so they can hopefully find long-term clients. The freelance websites are a win-win for both parties.
Businesses can benefit as they can cut their monthly expenses. Hiring full-time workers is more expensive as you need to give them a salary and pay rent for your office space. Freelancers are a more cost-effective option – you can get projects done at a much lower cost.
Offer Life-Work Balance
All freelancers working from home can save time and spend it on doing other things. They can also opt to work at their own pace and do as many gigs as they want. In fact, they can complete their tasks anytime they want. In big cities, traveling from home to the office takes up a lot of time.
Follow the Merit-Based System
You can pay freelancers based on the work they do and the freelance websites sure to have a way to process the payments. If necessary, they will step in and resolve any complications that arise between the freelancer and the employer.
All good freelancers can earn more money as businesses are ready to pay more if they are satisfied with your work. You have a motivation to work harder and better.
Here is a list of freelance websites that you can try out:
- Envato Studio
- E. For Hire
The benefits of using freelance websites can be summed up easily: the platforms make it simpler and more cost-effective to find the best worker you can trust and workers to find the best clients to work with.
No matter what you are skilled at or what kind of worker you are looking for your business project, on freelance platforms, you can find everything you need. They are the best places to connect with new people and hopefully start a successful project together.
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