By 2027, around 50% of the workforce in the US will be freelancers. Some of these workers will be freelance full-time, and others will have salaried jobs with a side hustle. Regardless, freelancing will soon become the norm.
But some business leaders are still skeptical about hiring freelancers. They believe a lot of the misconceptions about freelancer workers. For example, many think they get paid too much and are hard to manage.
If you agree, you are keeping your business from the benefits of hiring freelance employees. And there are many! Here are some examples to help you change your perspective.
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1. Business Cost Savings
Hiring freelancers for projects is often way less expensive than hiring more full-time employees. Employees can demand benefits, health insurance, retirement plans, paid time off, and all sorts of extras. You don’t need to give freelancers any of these.
And if you have a project-based business, you can hire freelancers only for one project. Then you can let them go when it’s complete. But with salaried employees, it doesn’t matter how much work you have as you still need to pay them.
2. Larger Talent Pool
In every industry, there is a wealth of freelance talent available worldwide. Many creative freelancers on platforms like https://freeup.net/ are remote workers who work with companies in all countries. If you only work with your local, full-time staff then you have no idea the skills and experience that you are not bringing to your projects.
3. Better Quality of Work
Freelancers often have one specialism that they work hard to perfect. So if you hire freelancers for a project in that specialism, they are more likely to deliver excellent results.
Freelance workers also rely on gaining new work contracts through word of mouth. You can guarantee that if a freelancer wants to work again, they will produce the best work they can.
4. Quicker Hiring Process
Do you have a big contract that you need to fulfill ASAP and need to hire more staff? Writing job descriptions and interviewing candidates can take weeks if not months. But if you consider hiring freelancers, you could have a full team in only a few days.
5. Need Less Supervision
Your business employees likely have a wide range of tasks and responsibilities that they need to complete. This means they will need guidance, meetings, and training from time to time. This is very reasonable, but it does take time out of your busy schedule that you may not have.
Freelance workers tend to have fewer responsibilities so they need less supervision. As long as you provide them with a good brief, they often don’t need to check in again until they’ve completed their work.
Hiring Freelancers Is a No Brainer
As you can see, hiring freelancers offers many benefits to your business that it is missing out on right now. Start small, hire one freelancer for your next project, and you’ll soon be hiring more and more.
Hiring and firing is only one aspect of running a business. Browse our finance and tech articles to learn more essential business skills!