4 reasons why online outsourcing will continue to fuel job growth in 2016 and beyond
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4 Reasons Why Online Outsourcing Will Continue to
Fuel Job Growth in 2016 and Beyond
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How Big is Online Outsourcing?
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•Local Hiring: $1.6 Trillion spent on U.S. knowledge workers•Temporary Staffing Services: $98 Billion in the U.S. alone and $416 Billion worldwide•Traditional Outsourcing: $146 Billion spent just in the IT industry
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Growth of Online Outsourcing
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Over the past three years, the platforms Upwork, Freelancer, and 99Designs have shown significant
revenue growth.
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By 2018, Online #outsourcing will be a 5 Billion dollar industry.
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4 Reasons that Online Outsourcingis Growing
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1 Online Marketplaces Promote Workplace Flexibility
Workplace flexibility is when employers grant their employees ability to spend at least part of their work
week away from the office.
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According to Hok.com, about one-third of all knowledge workers in the private and public sectors are working remotely.
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2 Businesses Get Access to Global Talent
Online Marketplaces Give Businesses of All Sizes Access To Global Talent Pool.
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3 Workplace Flexibility ReducesReal Estate Footprint
Flexible Workplaces: Employee Perk Or Business Tool To Recruit Top Talent
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Small businesses can also see the effects of hiring remote employees
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4 Businesses get Access to Inexpensive Offshore Workers
Filipino workers are both affordable for small businesses and startups like ours and
speak great English
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Popular Marketplaces
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1
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is the byproduct of the merger of two of the largest online marketplaces, Elance and Odesk. Combined, they created the undisputed market leader in the industry.
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Freelancer.com is a global outsourcing marketplace very similar in function to Upwork,which allows potential employers to post jobs that freelancers can then bid to complete.
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We’re 99designs, the world’s largest online graphic design marketplace. We connect more than one million talented freelance designers with creative people, genius entrepreneurs, savvy businesses… anyone who needs great work.
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DesignCrowd is an online marketplace providing logo, website, print and graphic design services by providing access to freelance graphic designers and design studios around the world.
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If you need to hire someone local, then TaskRabbit is the platform for you. TaskRabbit allows you to hire people to do a variety of skilled and unskilled labor for your business.
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Mechanical Turk is perfect for businesses that need jobs completed on an as needed basis. Much of the work that is performed by the workers do not require a lot of task specific training
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is ideal for small and mid-sized business owners who need a one off project like a website, app, or even a blog post
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The Marketplaces in the Online Outsourcing Industry have experienced rapid growth and have been instrumental in scaling startups in the past ten years.
This article originally appeared on Biz 3.0 blog
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