The world is facing a huge challenge for the pandemic situation created by Coronavirus Disease 2019 (COVID-19). Many large organizations are leaning towards freelancing work due to the coronavirus situation. Analysts said that the demand for freelance jobs has increased as companies have become accustomed to virtual workplaces and offer home-based job opportunities. Many organizations will shift from permanent staff to freelance workers to reduce costs in the aftermath of the COVID-19 epidemic. So freelancers will enjoy a vast scope and earn handsome money from that in the near future. Are you ready for freelance jobs?
According to a report in the Economic Times, Flexing Brick, a gig platform for freelance and project-based work, said the number of advertisements for freelance jobs increased 65 percent in April 2020. HR technology service provider PeopleStrong predicts that 25-30 percent of employees in various sectors such as Internet business, IT, ITES, startups, hospitality and quick service restaurants, retail, logistics will be converted to freelance positions.
Chandrika Pasricha, CEO of Flexing IT, said that the demand for freelancers with skilled consultants, specialized strategies, technology and marketing skills has been seen on the platform.
IT and IT-related service providers, pharmaceuticals, education, professional services, consultants and other organizations are now looking for more skilled workers in the freelancing sector than ever before. The demand for freelancers in organizations is increasing to reduce staff costs for the project-based work. It is also an advantage for the organization to recruit skilled workers according to specific projects. Staff is being recruited as per requirement from different regions and countries.
A study conducted by Flexing Brick and found that the number of projects working remotely on the platform has doubled in the last 3-4 weeks since the outbreak of COVID-19. Between March and April, the number of professional freelancer registrations increased by 74 percent. It is probably due to the risk of losing jobs, changes in companies or professional workers looking to create additional sources of income.