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Are more companies starting to employ freelancers?

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Vikas Verma @Vikas_Verma · Dec 15, 2021

The Covid-19 pandemic has resulted in a freelance revolution of sorts. With remote work being the new normal, freelancing became a popular solution among most companies. Below are a few numbers that indicate the rise in the freelance market:

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  • With the current number poised at around 58 million, experts believe that by 2027, freelancing will become the majority workforce in the USA. Currently, they contribute more than $1.4 trillion to the economy of the USA. With a gradual increase in their numbers, it will be no shock if freelancers are a sizable portion of the USA workforce soon. Thus, as a business, you should not be afraid to recruit PHP developers in your organization. 

 

  • There are more freelancers at Google than there are permanent employees. As of 2019, there were around 18,000 more freelancers/contractors than permanent employees at Google. All successful organizations have realized that tapping the gig economy can have long-lasting benefits.

 

  • Freelancers have been extremely beneficial for SMBs. With the onset of the Covid-19 pandemic, SMBs had started to look for cost-effective solutions. Due to the flexibility offered by freelancers, several SMBs ended up benefiting considerably. As per a survey, approximately 83% of the SMB respondents confirmed that freelancers proved to be game-changers for their organization. Additionally, around 81% of the respondents agreed that they are willing to hire freelancers again for some other project.

 

Eiliana believes in creating a platform where SMBs and large organizations can utilize the untapped potential of the gig economy. A freelancer can help you with PHP programming at costs lower than a full-time employee would. Thus, hiring a freelancer can help an organization to cut down on its costs while adding to its flexibility. As a business, you can use our platform to hire freelancers for your PHP development projects without offering a full-time job.