Tuesday, August 13, 2013

The Online Labor Market: Work behind a computer screen

I'm drowning in deadlines again this week, so allow me to share an interesting article I came across. The workforce structure is changing once again. The economy sucks - as I've pointed out numerous times - so businesses are looking to cut costs and professionals are either working more than one job or trying to their hands at contract work to free up their time for other goals. Hence you have the online labor market. 

Encouraged by top companies and start-ups alike, the online marketplace matches jobs with workers. According to the writer, the industry is now close to $2 billion and is expected to grow to $5 billion by 2018. While at one point what was popular was filling simple functions, this new industry is now seeking highly experienced professionals in technology based positions. The average pay in salary is pricey, $28 an hour according to one company, but it still saves businesses plenty in hiring and retaining costs. 

The good news for professionals is that the US is the number one resource in the online hiring spree, but not for long. This service has expanded abroad, thus raising competition for the average worker. Keep in mind though, that this is an ideal arrangement for anyone looking to make more money or work part-time and still earn very close to a full-time salary. Plus, there's the advantage of working anywhere in the world all behind the computer screen. 

To read more, click on this link: 

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