For generations we’ve been conditioned to believe that having full-time employees is more beneficial than hiring a freelancer or an independent contractor. While this may have been true in a previous era, times have changed and we now live in a gig economy. What’s a gig economy you ask? Gig economy refers to the job market that comprises short-term and freelance work as opposed to full-time work.  

The pandemic forced almost all businesses to adopt a remote working model. This shift gave employees the time and freedom to explore side hustles to earn extra revenue. The flexibility of working remotely, along with a multitude of other reasons like burnout has pushed the world into, “The Great Resignation.” The Great Resignation is a global workers revolution wherein employees are handing in their resignations and exploring other avenues for generating revenue. Most employees with a full-time job have admitted to having a side-hustle as a means of earning extra income. So, when you think of it, why pay someone for full-time when they aren’t working for you for the full day?  

Here are some major reasons you should consider hiring a freelancer for your next gig.  
  1. Opens you up to a global market: With freelancing you can recruit remotely, and interview talent from all parts of the world. This not only gives you access to a much wider talent pool, but also gives you exposure to a multitude of cultures and work practices. What’s more? The average pay differs based on which region you live in; this means that you’re bound to find someone with more experience in your budget if you look beyond your local options.  
  2. It’s far more economical: Hiring a freelancer is always cheaper than opting for a full-time resource in the long run. For starters you only pay for the work that is being done. This means that you’re exempt from extra incidental costs such as insurance, paid leaves, and compensations for travel. You also save on direct overhead costs such as office rent, and investing in devices as freelancers come with their own devices.  
  3. You can hire experts: Since freelancing saves you from spending on extra incidental costs you can go ahead and hire experts for your projects. Hiring an experienced consultant shouldn’t be an issue at all. In fact, you can get started by listing your requirements on LMON right away.  
  4. Faster on boarding: Since freelancing allows to onboard professionals on individual projects you can try out how a talent is blending in with your team, and always choose to extend the offer it works well. This saves you from a lot of paperwork, and additional rounds of interviews that would otherwise take months to execute.  
  5. Perfect for seasonal work: Need help in certain areas but the workload isn’t enough to have someone on staff full-time? Instead of shelling out for a full-time resource you should look out for freelancers as they offer you per hour pricing, and can be on boarded for specific time periods only.  
Just to straighten things out we’re not asking people to make a 100% shift to freelancers, having a full-time resource does have its own advantages as well but we are urging recruiters and businesses to look beyond the traditional hiring norms, and adopt a hybrid hiring model as this gives them the opportunity to accelerate and diversify their growth.   When thinking of hiring freelancers most people worry about things like security, deadlines, and accountability. To make this process simpler and safer for both parties involved LMON has launched LMON Certification. This certification is an all-rounded personality test developed to vet the process of recruiting freelancers, and provide credibility to the talent available online. You can save time on researching by simply listing your requirements on LMON for FREE, and scroll through a plethora of talent from across the globe.
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