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How Freelancers Are Reshaping the IT Job Market

A core characteristic of the IT industry is that it never stops changing, and the last few years have repeatedly proven that. As a direct result of this constant churn of innovation and evolution, the IT job market has had to shift and adapt. And this is no different with the rise of temp workers and freelancers. With these positions in high demand, the IT industry has carried a new wave of pragmatic individuals ready to find more flexible jobs.

Here’s our take on how freelancers are reshaping the IT job market:

The Gig Economy Has Exploded

The digital environment of the freelance IT world naturally lends itself to a gig structure. In a career resource from Forbes, Fiverr revealed that 78% of companies are transitioning to freelancers for some of their workforce instead of adding new staff members. Additionally, the freelance sector has seen 59% growth in full-time freelancing. 

Remote and Hybrid Work Models Have Gained Popularity and Are Often Preferred

It’s a digital world, and we just work in it. The IT industry is uniquely positioned to be a hybrid or remote-forward career. The level of schedule flexibility and project control that appeals to freelancers has benefited everyone across the board, including employed IT professionals. 

As hybrid models are normalized, the possibilities for collaboration and global talent acquisition will continue to expand. To support this change, we are also seeing drastic changes in how talent is managed and supported. 

The Riches Are In The Niches

IT specialization is more in demand than ever. Companies are contracting with freelancers who have specialized skill sets to supplement existing teams or enhance project results. Of course, the bread-and-butter skills aren’t going anywhere, but niche skills create new project scopes and new financial opportunities for the freelancer.

Greater Need For Innovative Talent Acquisition Strategies

Recruiting top IT talent requires a strategic approach that not only looks for the right person with the right skills, but that makes the right offer. Whether that’s a freelancing contract or statement of work, contract-to-hire, or a full-time W2 employee, knowing what your target candidates are looking for will give companies a competitive edge and candidates their dream roles. 

Hire Top IT Talent or Find Your Next Dream Role With IDR

These radical changes in how jobs continue to affect the information technology scene. We’re here to help you fill the gap in your company or expand your career path. Reach out today!

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