2 min read

5 Reasons Why You Need to Hire Online Freelancers

5 Reasons Why You Need to Hire Online Freelancers

The COVID-19 pandemic has pushed almost all businesses around the world to go virtual. And for the past two years, we realized that operating virtually works. So, why not bring this setup to another level by making use of the infinite resource pool of excellent specialists available to all of us?

Hiring a virtual team might be daunting to a lot of companies, but it can actually be the hidden key to unlocking any business’ growth. Virtual teams have been used by many huge companies such as Google, whose workforce has more freelancers than permanent employees (120,000 freelancers vs. 102,000 on payroll). This proves that any business can go virtual and grow exponentially.

Here are the 5 reasons why you, just like the thousands of companies worldwide, should think about hiring and managing a virtual team for your business:

Bussiness Online Meeting
  1. Immediate access

    For the past decade, thousands of businesses have taken advantage of popular freelancer platforms such as Upwork, Fiverr, etc. You would be surprised to know that 35% of the 3.5 billion global workforces are represented by Freelancers - that’s around 1.1 billion freelancers around the world you can hire! And in 2020, 33% of freelancers work in creative fields, 21% in consulting, 17% are writers and content service providers, and 15% are in tech and web development.

  2. Skilled virtual employees

    Hiring and onboarding a full-time employee can take weeks or even months, but hiring a highly-skilled remote worker can be done in just a matter of days. This way, you can meet project deadlines and avoid a lag in momentum.

    There are several countries that have excellent English competency and are highly educated in their respective countries. Don’t be worried that freelancers are incompetent to do the job because they are not! It has worked for many businesses, why shouldn’t it work for you?

  3. Reduce costs and increase flexibility

    Did you know that you could hire an online freelancer that provides the same quality of output as an expert in your area, but at a fraction of a cost?

    With the average monthly wage in the USA being $3,740, you can reduce labor costs by hiring experts in other countries such as the Philippines who have an average monthly wage of $897, in Argentina with $827, or in India with $216.

    All online freelancers have the equipment to work from their homes so you wouldn’t have to provide for them and lease their workspace. That’s an extra cost you wouldn’t have to shoulder!

  4. Innovation and productivity

    According to Harvard Business School, 40% of businesses said that hiring remote workers improved speed to market, boosted productivity, and increased innovation in their company. There’s also a 13% increase in work performance by working from home. Managing a virtual team can get your work done faster and more efficiently with amazing results.

  5. Advantages of having a cultural-diverse team

    A cultural-diverse team can provide you with different perspectives and insights on how you run your business. You would have the opportunity to try out different strategies that work in other countries, which will set you apart from your competitors. This also leads to having a creative team of experts that would push each other in terms of personal and work ethic development.

Now does the idea of building your own virtual team that could potentially take your business to greater heights appeal to you? Well, look no further! Our cheat sheet is the key to finding your very first virtual expert to join your team. And the best part is, it’s ABSOLUTELY FREE!

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We are looking forward to the growth of your business by taking this big step of building your powerful virtual team! Good luck!

 

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