How the freelancer-client relationships have evolved since the pandemic and what does it mean for the business?

  • Full-Time Remote Platforms Will Occur and Stay for a Long Time
TechCrunch states that half of Facebook workers, which is around 50 000 people, will work remotely in the next 10 years. Forbes indicates that Square and Twitter already integrated the "work from home" as their official employment standard.
Overall, it is likely that more remote work and even more freelancers will appear shortly. The last several years have been unusual for investors, entrepreneurs, and freelancers globally. It means that the freelance market revolution is yet to come with even more significant shifts in the post-pandemic times.

Now, the most significant concern is that more start-ups will tend to establish marketplaces that will satisfy all the parties involved in freelance entrepreneurship!

In other words, modern companies will monitor the workforce trends and make all the necessary improvements to adapt to the new realities of remote work and freelance platforms. The idea is to leverage freelancers' skills to scale business products worldwide.
What's new
For years, freelancing has been a necessary form of work across media, IT, and creative industries. Also, there has been a considerable pool of high-profile remote specialists without a single marketplace to find repeated jobs, network with other freelancers, and build professional skills in the target market.

Covid-19 has proven that freelancers need an efficient marketplace where entrepreneurs and investors seek to find the best candidates who match their product needs. In other words, such a demand transitioned to a digital service, which lacks consistency and support for freelancers globally.

The overall purpose of such an all-in-one freelance platform is to provide business owners and investors with straightforward, quick, and cost-effective solutions to connect relevant
and on-demand expertise with the right products that serve people.

Nasdaq claims that many companies are constantly searching for more agile opportunities to promote digital products within the current economic environment. In fact, they relied on freelancers and contractors for years, especially after the pandemic took place. So, the situation around remote work makes traditional workers switch to more flexible career options.

In particular, it refers to the following aspects of change:
  • Hybrid Labor is the Currency of the Future
Remote work has flexibility in helping companies restructure their working environment after COVID-19 by using a hybrid workforce. Harvard Business Research shows that 90% of modern companies are confident that a combination of freelance workers and full-time employees leads to a competitive advantage.

  • Companies Will Trust Remote Specialists to Cover Various Skill Gaps in Product Development
The World Economic Forum’s Future of Jobs Report indicates a trend in adopting new technologies. It means shifting the skills gap towards artificial intelligence, non-humanoid robotics, the Internet of Things, encryption, and big data.

Therefore, most businesses struggle to find the best candidates with the skills matching the given criteria to increase productivity in product development. Simultaneously, it creates a financial obligation to fulfill all roles to maintain business objectives. On the contrary, freelancers enter the world of opportunities since companies will search for highly qualified specialists all over the Internet. It means they already agree to pay more
to remote employees merely due to their set of skills required to sustain product development. However, the ongoing freelance marketplace system is inconsistent. As a result, it does not allow business owners to find high-profile specialists and evaluate their willingness to contribute personal skills and professional competencies.

  • Highly Skilled Professionals Will Prefer Freelancing Over Traditional Work
There is a growing demand for remote professionals since more companies are interested in hiring freelancers to fill their gaps in professional qualifications in product development. In other words, business owners and investors are willing to pay higher rates to work with contractors of particular skills since they can save companies thousands
of dollars annually. It makes sense because it is cheaper for companies to pay premium prices for remote expert work than to hire an in-house team member. The most critical factor in favor of remote specialists is that they deliver professional results of similarly high quality.

See the calculations from Huffington Post below: