DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Archive

Freelance jobs rise as firms get used to WFH

DigitalCIO Bureau by DigitalCIO Bureau
May 16, 2020
in Archive
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Source: ETtech

Large companies in sectors such as IT and IT-enabled services, FMCG, pharmaceuticals, education, professional services, and consulting are now looking at utilising freelance talent more than before

Demand for freelance jobs is on the rise as organisations get increasingly used to virtual workplace and remote working, and some also look to cut fixed employee costs post the Covid-19 outbreak.

Flexing It, a gig platform for freelance and project-based work, said there was a 75% spike in the number of freelance positions published in April, while HR technology solutions firm PeopleStrong estimates that 25-30% of workforce in sectors such as internet business companies, IT, ITES, startups, hospitality, quick-service restaurants (QSR), retail and logistics will get converted to freelance roles over a period of time.

“Our platform has seen a spike in demand for skilled independent consultants and freelancers, with top-tier strategy, technology and marketing skills most in demand,” Chandrika Pasricha, founder and CEO of Flexing It, told ET.

Large companies in sectors such as IT and IT-enabled services, FMCG, pharmaceuticals, education, professional services, and consulting are now looking at utilising freelance talent more than before, industry executives said.

Such a move would bring down recurring employee cost since payment would be made project based, provide the advantage of flexible staffing based on business needs, and help companies widen their talent pool into different regions and geographies, they said.

“Companies are now much more used to having a virtual workforce, and traditional boundaries between full-time employment and freelancers will blur,” said Richard Lobo, executive vice president and HR head at Infosys. “At Infosys, we have been using freelance talent for quite some time. We use this talent pool either to meet variations in demand or to fill in positions that need specialised skills,” he said.

Companies such as Infosys, Tech Mahindra, EY, Deloitte, and Simplilearn said roles that require niche skills and are in demand for a short duration, will transition to gig jobs much faster.

“We hire gig workers for niche or scarce legacy skills, which are not immediately available internally,” said Harshvendra Soin, chief people officer at Tech Mahindra. According to a survey conducted by Flexing It exclusively for ET, the number of remote projects on its platform has doubled after the Covid-19 outbreak, in the past 3-4 weeks.

Also, registrations by professionals on the platform grew by 84% between March and April, which possibly could be a result of job losses, furloughs in organisations, as well as professionals seeking to build additional sources of income, Pasricha said.

Krishna Kumar, CEO of edtech startup Simplilearn, who sees a 50:50 metrics for full-time and freelance workforce going ahead, said, “It gives better value for money.”

Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

Data Recovery Experts Expand their Cloud and Security Skills at VeeamON Tour India

by DigitalCIO Bureau
September 1, 2023
0
Data Recovery Experts Expand their Cloud and Security Skills at VeeamON Tour India

Veeam Software flagged off its highly anticipated VeeamON Tour India 2023 in Mumbai today, delivering a rich experience to over 600 registrants. This month-long tour comes as an...

Read more

Dell Technologies Announces Intent to Acquire Moogsoft

by DigitalCIO Bureau
August 20, 2023
0
Dell Technologies Announces Intent to Acquire Moogsoft

Dell Technologies (NYSE: DELL) announced it has signed a definitive agreement to acquire Moogsoft, an AI-driven provider of intelligent monitoring solutions that support DevOps and ITOps.This transaction will further enhance...

Read more

Government Technology Agency of Singapore concludes third HackerOne bug bounty programme

by DigitalCIO Bureau
August 20, 2023
0

GovTech Singapore resolved 33 security weaknesses and awarded global hacker community over US$30,800 for contributing to a more secure and resilient smart nation HackerOne and Singapore's Government Technology...

Read more

XProtect(R) on Amazon Web Services Now Available in AWS Marketplace

by DigitalCIO Bureau
August 20, 2023
0

Customers with a cloud-first strategy and those looking for a hybrid VMS solution can now deploy a pre-configured XProtect as an elastic solution available globally with high flexibility...

Read more

OurCrowd Pandemic Innovation Conference to host global leaders, startups and investors online

by DigitalCIO Bureau
August 20, 2023
0

June 22 forum features tech solutions to global crisis, $100m OurCrowd Pandemic Innovation Fund OurCrowd will host the OurCrowd Pandemic Innovation Conference on June 22 to explore the...

Read more
Next Post

Facebook buys popular GIF search engine GIPHY

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Tech Mahindra bags Rs 500-cr smart city project from Pune’s PCMC

December 12, 2019

Spirent Collaborates with Rakuten Mobile on Core Network Testing

June 8, 2020
Gartner Reveals Massive Sovereign Risk Impacts By 2025

Gartner Reveals Massive Sovereign Risk Impacts By 2025

September 11, 2023

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

BROWSE BY TAG

Acquisition AI AIOps Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare CrowdStrike Customer Experience Cybersecurity Data Protection Deloitte Digital Transformation E-books Fortinet Gartner Generative AI IBM IDC Infographics Infosys Internet of Things (IoT) Microsoft Ministry of Education MSSPs Nessus Expert Netskope New Relic Oracle Panel Discussion Public cloud ransomware Salesforce Sophos Tenable Trend Micro Veeam Software Vertiv Webinars Whitepaper

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2023 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2023 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?