A lot has changed in the workforce over the past decade and now employers as well as workers are asking themselves the same question. Why should I seek freelance vs full time employment?
Until recently the traditional career path encouraged you to learn a specific skill through higher education, trade school or an apprenticeship, and then go out to find a job. You would look for a single company that offered the best long-term packages to meet your needs. Believing that if you just put the time in that you would be able to create a stable life. Then you would retire from that company. This idea began to fade as job security decreased, pensions became virtually non-existent, the average employee tenure dropped to under five years, and this number is even less for millennials at under three years. Leading employees and employers to finding more ways to have control over their destiny.
The long-term path still appeals to many people across America. However, the overall landscape of work available has grown immensely. This is because the economy has begun to shift more rapidly, technology is advancing, and working in a set physical space has become less needed and desirable. The possibilities have become almost limitless and have pushed people like you to want to work to better your life. Instead of living everyday to better your work. As an employee you are now focusing on living a fruitful life that also offers a level of work-life balance. As an employer you are looking to offer this balance and to obtain a greater level of flexibility in your budget.
Programmers, developers and digital marketers are the most suited for variability between freelance, contract and full-time employment. This is because their work can be done from remote locations and those that are highly skilled are in great demand.
FREELANCE VS FULL TIME: WHAT IS BEST FOR YOU?
Becoming a freelancer is almost synonymous with starting a business or becoming an entrepreneur. It requires you to not only have a certain set of skills, but you also must learn to grow your brand and business. You become the marketer, sales, accountant and the project manager in the beginning. Yes platforms like Ease help to solve a lot of these challenges but like any setting, some will do better than others. This is why we created resources like the Ease Academy. We will work to prepare you to take this leap so that you know exactly what you are getting into. Being a freelancer is hard but if you’re ready for it the rewards can be great. You can also receive and abundance of benefits by working with companies such as the Freelancers Union. An organization that brings freelancers together to share in group benefits plans and much more.
As an employer you have a wide array of benefits as well when it comes to utilizing freelancers. You don’t have to pay for many of the overhead costs that traditional employees would need. Things such as office space, health care, training or equipment. Allowing you to act as an agile shop with the visibility, variability and velocity you need to scale up or down within a matter of hours. Having access to highly qualified people working on the things you need to get done now. Traditional hiring consumes an abundance of resources and time. Sometimes taking weeks or months for human resources just to get the information and resources they need. Then even longer to be able to source and train their new team member.
A recent article by Forbes showed the following for the freelance economy in 2017:
- Continued growth of the freelance economy.
- The corporate world embracing freelance management technology.
- The convergence of Freelance Management Systems (FMS) and Vendor Management Systems (VMS).
- Corporations engaging more independent contractors.
- The rise of the data-driven workforce.
Take advantage of freelance vs full time employment and gain access to highly screened on demand talent ready to help you grow your business.