News: Freelancing could become as big as outsourcing industry

#Updates

Freelancing could become as big as outsourcing industry

For the talented and skilled Indians looking for work and income, there is a new job market that has opened up, that is booming and also paying well. The global online labour market is opening new doors. And Indians seem to be dominating the wave.Freelancer.com says Indians comprise 38 percent of all users on its website. Over 1.2 million of 3 million plus users on www.freelancer.com come from India, making it the number one freelancer country on their website. The trend is set to intensify, going forward. At a time when many economies, including the US and Europe, are dealing with slowdown and staring at uncertainties, MNCs are increasingly shy of hiring full-time employees. Most are working on a two-pronged strategy to deal with talent requirement. Some are reaching out to independent workers through these online websites to get their one-off projects executed. And some are also leaning towards temp hiring to tide over staff shortages.

For the talented and skilled Indians looking for work and income, there is a new job market that has opened up, that is booming and also paying well. The global online labour market is opening new doors. And Indians seem to be dominating the wave.Freelancer.com says Indians comprise 38 percent of all users on its website. Over 1.2 million of 3 million plus users on www.freelancer.com come from India, making it the number one freelancer country on their website. The trend is set to intensify, going forward. At a time when many economies, including the US and Europe, are dealing with slowdown and staring at uncertainties, MNCs are increasingly shy of hiring full-time employees. Most are working on a two-pronged strategy to deal with talent requirement. Some are reaching out to independent workers through these online websites to get their one-off projects executed. And some are also leaning towards temp hiring to tide over staff shortages.

Source: The Economic Times

Topics: #Updates, #Jobs, Talent Acquisition

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