In 2016, Accenture predicted that within ten years we would see a new global 2000 company with no full-time employees outside of the C-suite. Imagine that. You’d have a full-time CEO, CFO, CTO, and CMO with entire teams of talent rolling through when needed or to complete specific projects.
Technology and changing employee preferences are driving the demand for new skills and pools of talent. Companies are struggling more than ever to attract top talent, readjusting their recruitment strategies accordingly; meanwhile, other companies like Uber seem unstoppable in their growth.
So, what does this mean for you? Well, if you want to work at the biggest and best companies then it means that your skill-set needs to evolve as fast as technology changes. It also means that not every job is going to look like a traditional “job” in ten years. If you want to be a part of the future and work for companies like Uber, Google or Apple then you need to think about developing your skillsets today so that you can keep up with these changing times.
Future of work
As automation and AI technologies become mainstream, expect to see more freelancers in the workforce. In fact, the 2020 U.S. Freelancers Union predicts that 57 percent of all American workers could be freelancing by 2027 — up from 53 million today (50 percent). And this number will only continue to grow as companies embrace remote workforces and automate certain jobs. In a survey conducted last year, nearly 90 percent of millennial executives said they prefer working with independent contractors rather than full-time employees due to increased value in technology skills, which makes it easier for them to hire remotely or get rid of redundant staff members altogether. As more businesses rely on contract labor over permanent hires, the future workforce may consist largely of freelancers who can choose where and when they want to work without an employer dictate their schedules.
In a world where many can work from home, the freelance marketplaces have effectively disrupted the traditional ways of hiring talent. In 2014 alone there were over 34 million freelancers and by 2022 that number is expected to increase exponentially with up to 53% of all US workers being independent contractors.
This astonishing growth has led many companies to start using these platforms as their main way of finding new employees. And while they offer great opportunities for both employers and employees it’s important to recognize how this trend will affect the future job landscape.
One thing we need to keep our eyes on is the fact that when companies start using these platforms to find talent, they tend to hire workers for temporary projects with no future expectations of hiring.
This leads us to another important point – freelancing is becoming increasingly popular among millennials who are more interested in working for themselves than having a traditional job at an office. This means that we will see many older generations still wanting regular jobs while younger people choose freelance work over full-time employment
Remote working & Freelancing
Remote working is a trend that has been growing slowly but steadily over the past few years. From all of this it becomes clear that there are two main reasons why more and more businesses opt for flexible hours, telecommuting, or even full-time remote jobs; Employees’ happiness and productivity increase while costs go down.
Studies have shown that people who work from home are 13% more likely to feel satisfied with their jobs than those working at an office, while the latter only produce half of the amount of work done by telecommuters on average.
It’s no secret that people are more productive when they’re not stuck in an office all day long. This is due to a number of factors like stress levels but also because someone who works remotely isn’t bound by time constraints which allows them to be much more flexible with how many hours they need to put into their job every week. Nowadays almost everyone will agree that this kind of freedom increases happiness among employees greatly although it’s up for debate whether or not productivity actually goes down as well!
It would not be a bad idea to have one or more remote workers in a company that can create an entirely new dynamic. Not only can it be beneficial for the company but also for its employees by creating a sense of community and togetherness that is simply not achievable when everyone sits in an office. This kind of environment has proven to increase productivity as well so companies should keep this in mind while deciding on what hiring practices they want to follow.
One major concern one might have about allowing their workers to telecommute is whether or not they will actually do anything throughout the day instead of sitting at home playing video games or watching Netflix all day long. Luckily most studies show that people who work from home tend to be more productive than those who work in an office which has led many employers to rethink their opinions on the matter.
If you’d like to read some real-life examples of companies that have started allowing remote positions, or even hiring full-time telecommuters; I recommend reading this article by Forbes Magazine where they interview a number of successful CEOs and business owners about how working remotely can change your entire company for the better!
When there are only employees working at the office, all of them share one common goal to make their employer happy and succeed with whatever projects they’re involved in. But when you introduce freelancers into this mix things start getting complicated because everyone has different goals which are often not that similar to those of their colleagues. This leads us to another important point – while companies love hiring people who have no other commitments outside work it also creates tension between these two groups since full-time employees resent being asked or required to do extra tasks by independent contractors whose main interest is usually earning as much money for themselves rather than helping out others on the.
Another benefit of the freelance economy is that it gives companies access to a larger talent pool. When you can hire anyone in the world for any project, your company has almost limitless potential for growth and success if you know how to tap into this international market.
As we see more and more people getting involved with freelancing as their main source of income, we will also notice big changes resulting from new technology such as blockchain. The future of hiring might include some aspects like augmented reality, where employers could interact live with employees on the other side of the globe, or even virtual reality (VR) where workers can attend meetings without having face-to-face interactions — both situations would require significant adaptation skills among business leaders! With all these changes happening in the current job market, it’s important to be aware of how they will affect your career choices.
The rapid growth of the freelance economy is a trend that will continue to evolve and change as new technologies such as automation and augmented reality become more mainstream. Freelancing provides many benefits for business owners, employees, and society at large. It seems like this shift in the job market could be very positive if we are ready for it! I hope you enjoyed reading about how freelancers can benefit from remote work opportunities and some possible changes coming our way soon with regard to hiring practices.