Freelance Economy Predictions 2017: Virtual Is The New Reality


It’s that time of year again. Time to reflect back on the past year, document the lessons we’ve learned and anticipate what 2017 has in store. Based on our previous track record of near-precise prognostication, it’s almost a certainty that everything we’re envisioning for 2017 will come to fruition!

Continued growth of the freelance economy.

Tens of millions of Americans are now freelancing in some form or fashion, and that number continues to grow. The annual “Freelancing in America: 2016” survey from our good friends at the Freelancer’s Union seems to bear that out. Safe to say we nailed this one although it wouldn’t have taken a rocket scientist to figure out.


The corporate world embracing freelance management technology.

The trend of large enterprises (such as P&G to name a few) adopting technology to manage their extended workforcseems almost commonplace now. Another check in the box.

The convergence of Freelance Management Systems (FMS) and Vendor Management Systems (VMS).

As IT analysts Gartner suggested, “enterprises should look to VMS vendors who can support/integrate with FMS.” While some have started, and many others claim to fully integrate, the reality is that most VMS vendors still have a long way to go before their technology is fully compatible with new and innovative on-demand workforce software.

Also Read: Top 4 Digital Marketing Trends for 2017.

Corporations engaging more independent contractors.

Again, the statistics and data seems to bear this out. W found that 96% of the CFOs surveyed indicate their companies engage independent contractors. The benefits of leveraging an extended workforce are well-documented (better work, faster service, lower costs) so we won’t toot our horn too much on this one.

The rise of the data-driven workforce.

Try to go to any HR/talent management conference and not hear about big data or talent analytics. While this one may seem blindingly obvious, the emergence of real workforce analytics software and quantifiable performance evaluation capabilities in the industry mean we’ve finally moved beyond talk and into the realm of reality.

Source: Forbes

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