Sources for the Best Freelancers in a Tight Labor Market

August 1, 2019
Author: Tyran Saffold Jr

According to the annual Freelance in America Survey, 64 percent of freelancers found work through an online platform in 2018. Technology has made life easier for freelancers as they collect clients from across seas, or right around the corner, at the click of a button.

Platforms to Find Top Freelancers

The study, conducted by an independent research firm and commissioned in a partnership by Upwork and Freelancers Union, surveyed more than 6,000 US workers. In its fifth annual year, findings show that Americans are spending more than 1 billion hours per week freelancing. Beyond quantifying the amount of freelancing happening, new insights delve into why people are increasingly choosing to work this way.

With nearly two-thirds of freelancers garnering work from online platforms, these sites have become hubs for freelancers in the gig economy. While Human Resource (HR) departments and talent acquisition professionals continue to feel the squeezing effects of a tight labor market, they are being forced to look elsewhere to fill roles within their companies. As a second option, freelanced and contracted teams have helped bridge the employment gap for the time being.

Below, we’ve gathered a few of the top sites to help find talented freelancers.

Freelancer (ASX: FLN) One of the top websites for freelancing. Originating in 2009, the website has more than 15 million users and is the best place for finding talent in fields such as data entry, project management, graphic design, accounting, app development and various other fields.

Employer Benefits:
• Free job posting
• Custom orders
• Secure payments
• Invoicing

Upwork (NASDAQ: UPWK) In 2013, oDesk and Elance came together to create another dynamic freelancing website. Its services are provided to more than 32 million users and are available to more than 180 countries around the world. Upwork’s core clients grew by 22 percent year-over-year and currently stands at 111,000 as of March 31st, 2019. Client spend retention also increased to 107 percent, up from 99 percent in 2017. The company is growing rapidly with no plans of slowing down.

Employer Benefits:
• Job posting
• Candidates shortlist
• Global payments
• Invoicing and reporting
• Secure payments
• Talent search assistance

Guru (Unlisted) This freelance platform has more than 1.5 million members and boasts more than 1 million jobs and over $100 million paid out to their freelancers. They currently provide freelancers for more than 751,000 active businesses.

Employer Benefits:
• Recurring payments
• Free job posting
• Large selection of freelancers

Speedlancer (Unlisted) Living up to its name, this platform guarantees work done within four hours. With hand-picked freelancers, the hassle of cycling through scores of freelancers will be removed from your shoulders. They methodically put together teams at the request of the client and put them to work on your project. Through this platform, you can build teams specifically for podcasts, thought leadership, virtual assistant, content marketing, design and development, or put together a custom team that suits various needs.

Employer Benefits:
• Hand-selected freelancers
• Quick turnaround
• Money back guarantee
• Concierge to manage your team
• Secure payments

Fiverr (NYSE: FVRR) This company attempts to get work done with freelancers at the most affordable rates. Gigs range anywhere from $5 to $10,000, depending on what you need and the desired talent level. With pages of freelancers to click through, it may become more of a task finding the right person than it will be to get the job done. On this platform, gigs come, on average, every five seconds with over 25 million completed projects.

Employer Benefits:
• Vetted talents
• Buyer protection
• Safe transactions
• Low prices

In a tight labor market, employees are harder to find and afford. As the burden becomes heavier for HR managers and talent acquisition specialists, companies should consider browsing one of many freelance platforms with hopes of landing unicorn-like talent. These sites have shown some of the best promise and with millions of freelancers ready to work, it shouldn’t be too hard to find one that suits your company’s needs.