Are Employees Becoming A Thing Of The Past?

Looking back a few years, the majority of workers were in full-time positions with companies they were loyal to for many years. Today, employee loyalty is at an all-time low, and more and more companies and workers are turning their focus to freelancers.

Technology has opened up the way we all work and do business and created a generation of individuals who focus on remote working and self-employment as opposed to full-time contracts. For businesses, it is becoming increasingly common to hire contractors and consultants over employees.

Why Hire Freelancers Not Employees?

Many businesses are beginning to open up to the many benefits of hiring freelancers as opposed to fixed employees. Whether you are running a small start-up or a well-established organisation, choosing your talent from the freelance pool has many advantages:

They Are Specialists: The majority of freelancers will specialise in just one area, which makes them very good and experienced in what they do. Freelancers have a wealth of knowledge in working across a range of different businesses, and every time they take on a new project, they are expanding their skillset and expertise.

A Huge Talent Pool: As soon as you open yourself up to the idea of hiring people who don’t live in the same city or country as you, you will be able to pick your talent from a much larger pool of people. When you focus only on hiring employees that need to be in your offices every day, you are putting massive limitations on the candidates that you can work with.

More Cost Efficient: Hiring freelancers over employees generally costs a lot less to your business. This isn’t because freelancers charge a low hourly rate, but because you are only paying them for the work they do. In addition to this, there are no extra costs associated, such as statutory holidays, office space and supplies. What’s more, you don’t have to worry about pension and taxes either!

Short Term Talent: One of the most significant benefits of choosing to hire a freelancer is that you can work with them on a project-by-project basis. You may require someone with a specific skillset now, and then someone with a different expertise later. Freelancers can be hired as and when they are required, and then fired when their services are no longer needed as there is no long term commitment.

So, if you’re looking to expand the skillsets in your team, look for experienced freelancers on Techlancer.

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