The Extinction of the Traditional Workforce

The Extinction of the Traditional Workforce
From Recruiter - February 23, 2017

Last year saw rapid growth in the freelance economy.According to the Bureau of Labor Statistics,the U.S. freelance workforce is now 15.5 million strong. More encouraging still are the findings of a study by Intuit, in which it is estimated that the American freelance workforce will have reached60 million people by 2020.

If all of this seems a bit unbelievable, consider that 40 percent of the U.S. workforce already holds a contingent job of some sort.

While these figures give us some undeniably useful insights into the current popularity of freelance employment, its not necessarilyclear why so many organizations are opting to expand their freelance workforces. Many may also be wondering why, exactly, so many professionals are gravitating towardthe prospect of a freelance career.

Autonomy Attracts Freelancers

Sara Horowitz, founder and executive director of Freelancers Union,believes the increasing number of freelancers may have something to do with a desire to achieve ultimate working autonomy.

People want a freelance 360-degree life where they can decide what they want to do and how much they want to work, Horowitz told Forbes.

One global organization,, is fast establishing a reputation as a flexible and freelance-friendlyemployer by paying attention to the desiresHorowitz outlines. President Dan Banu has created an international freelance workforce spanning Europe, Asia, Africa, the Middle East, and the United States that continues to expand.

Our contractors are professionals who actively seek interesting and challenging opportunities that fit their own work schedules, and they know that by joining us they [can] have ultimate flexibility in their work lives, Banu says. From our perspective, we benefit because we can hire the best of the best, wherever in the world they may be located.

Furthermore, organizations are more frequently reevaluating how their workplace cultures and benefits packages can attract and develop long-term business relationships with the very best freelancers. Banu saysone of the more unique and highly attractive benefits that offers its contractors is time away from the organization.

Banu maintains that by allowing his freelancersto take time offup to three months at a timewhenever they need it, he buildsmutual trust and increases contractor retention.


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