A recent article, Why Your Business Should Be Embracing the Coming Freelancing Revolution by JT Ripton says that today, more than 34 percent of all employees are freelance workers and this is expected to increase to nearly half of all workers by 2020. This is good news for entrepreneurs. Why?
- Better Talent
Businesses can hire different freelancers to handle particular tasks within a company, and there’s no long-term commitment because they are hired on a per-project basis. In addition, firms can pick and choose among a much larger talent pool since freelance workers don’t necessarily require a full workload–this means better talent.
- More Business Flexibility
Businesses can hire freelance workers as needed, and with freelance workers they can make faster changes in both the business model and business processes. Companies that adopt this model will even forego a physical office space, but instead rely on decentralized online work environments or virtual offices that allow better business agility.
- More economical
Freelance workers are paid based on meaningful output and specific performance. Freelancer payment always correlates with performance, thus startups will not waste money on unnecessary or inefficient staffing.
- Improved Productivity
The need for supervision is greatly reduced when workers are freelancers, that’s because pay is based on productivity, not hours spent. This means—freelancers don’t waste time and they are more efficient than people who come into an office every day who are paid by the hours spent.
The freelancing revolution is an advantage because the overhead that comes from a set of regular staff employees and the office and equipment infrastructure is not required. Therefore, as a small business owner in Philly, if you want to embrace this new model of employment, YourOffice Philly offers you a wide choice of office and workspace solutions: virtual office space Philly, meeting room access, and coworking office space Philly. You’ll have access to a complete array of office support and concierge services as well as state-of-the-art business technology.