Top 5 Opportunities For The Freelance Reasonable In The Futures:
In place of the freelance economy continues to grow, a number of trades have emerged as top companies, and they may not be the ones you classically secondary with freelancing.
The self-employed family is a miscellaneous environment filled with skilled employees of a wide variety of educations. Nearly 54 million Americans are now part of this growing ecosystem, according to a study by the Freelancers Union, and a study by Intuit predicts that 40% of the American workforce will be comprised of freelancers, contractors, and temporary employees by 2020.
In exploring the current state of this economy, Flex Jobs, an online marketplace that connects freelancers and employers, tracked 50 industries hiring freelancers between December 1, 2015, and March 1, 2016. They found that the top job category for freelancers is computer and IT, followed by administrative in second, and accounting and finance in third. Rounding out the top 10 is Web Design and Development, Website Design and Development, Graphics Design with Adobe Photoshop and Illustrator, Web Development, Apps Development for Androids, CCNA-Cisco Certified Network Associate, SEO-Search Engine Optimization, CPA-Cost per Action/Acquisition Marketing, Affiliate Marketing with Amazon, YouTube Video Marketing, Office Programming/Office Application, PHP with framework (Laravel) Development and WordPress with Theme Development.
Web Design and Development Training
Website Design and Development Training
Graphics Design with Adobe Photoshop and Illustrator Training
Web Development Training
Apps Development for Androids Training
CCNA-Cisco Certified Network Associate Training
SEO-Search Engine Optimization Training
CPA-Cost per Action/Acquisition Marketing Training
Affiliate Marketing with Amazon Training
YouTube Video Marketing Training
Office Programming/Office Application Training
PHP with framework (Laravel) Development Training
WordPress with Theme Development Training
Top Opportunities For The Freelance Reasonable In The Futures:
Sustained growth of the freelance budget:
Tens of millions of Americans are now freelancing in some form or fashion, and that number continues to grow. The annual “Freelancing in America: 2016” survey from our good friends at the Freelancer’s Union seems to bear that out. Safe to say we nailed this one although it wouldn’t have taken a rocket scientist to figure out.
The commercial world implementation freelance management technology:
The trend of large enterprises (such as General Electric and Procter & Gamble to name a few) adopting technology to manage their extended workforce seems almost commonplace now. Another check in the box.
The convergence of Freelance Management Systems (FMS) and Vendor Management Systems (VMS):
As IT analysts Gartner suggested, “Enterprises should look to VMS vendors who can support/integrate with FMS.” While some have started, and many others claim to fully integrate, the reality is that most VMS vendors still have a long way to go before their technology is fully compatible with new and innovative on-demand workforce software.
Corporations appealing more independent contractors:
Again, the statistics and data seem to bear this out. Our 2016 Workforce Productivity Report found that 96% of the CFOs surveyed indicate their companies engage independent contractors. The benefits of leveraging an extended workforce are well-documented (better work, faster service, lower costs) so we won’t toot our horn too much on this one.
The rise of the data-driven workforce:
Try to go to any HR/talent management conference and not hear about big data or talent analytics. While this one may seem blindingly obvious, the emergence of real workforce analytics software and quantifiable performance evaluation capabilities in the industry mean we’ve finally moved beyond talk and into the realm of reality.
So now you’re probably wondering how our 2017 expectations turned out? They were certainly strong, but some still need more, ummm, time (hey, I never claimed to possess Nate Silver like powers!).
No new regulations:
Shocker that the most gridlocked Congress in modern history didn’t pass any new labor legislation. Again, we can’t take too much credit for something so obvious. Although we’re proud to have supported a recently passed new bill in NYC designed to give freelancers basic protections against wage theft and non-payment.
Convergence of all HRMIS begins:
The “less is more” idiom is starting to manifest itself in this context. Not surprisingly, enterprises are looking to consolidate and/or integrate their various labor management systems into a cohesive and unified technology stack. This will continue well into 2017 as many companies attempt to build a single source of truth for all their labor (which happens to be the biggest line item on most budgets).
The mobile workforce emerges:
This is just starting to take shape, but soon everyone will be working through their smartphone. Prominent HR analyst Josh Bersin seems to agree.
The fall of the pure marketplace begins:
Okay, maybe we jumped the gun on this one. There are still about 250 unique “freelance” marketplaces, but some such as Moonlighting, Zirtual, Homejoy, Washio and Zen99 have fallen. Give it time. Consolidation is inevitable in a space like this and the unit economics of pure marketplaces are challenging.
The enterprise finally embraces on-demand:
Slowly but surely. More and more Fortune 500 giants are starting to migrate towards a flexible, on-demand labor model (for the obvious reasons we documented above). The trend will continue, at a steady clip, into 2017 as the benefits of an agile workforce manifest themselves in a fiercely competitive global economy.
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