Following forced shutdowns and orders to stay at home to prevent the spread of the new coronavirus (COVID-19), international markets declined, leading to a record number of layoffs and reductions in all planned expansions. It’s difficult to assess the effects completely, but according to the International Labour Organization, COVID-19 led to a global loss of 400 million jobs during the second quarter of 2020.
However, despite the bleak employment prospects, there is a bright spot for those prepared to take advantage of the chance. While there are fewer full-time employee roles available, contract and freelance work are growing in popularity. This covers a wide range of extremely technical positions, such as software development, statistical analysis, and big data applications.
Companies are starting to see the potential of a remote, on-demand workforce while work is still to be done. Businesses can better manage their bottom lines if they can choose from a wider range of geographically distributed labor and only pay for essential jobs when they are required.
Being adaptable is essential for surviving in the workplace. It’s in your best interest to think about your possibilities whether you were already heading toward a more independent working position or were motivated by a job loss brought on by COVID-19. We’ll examine these more general patterns, how organizations operate, and how you may best position yourself to take advantage of new opportunities during this time of seismic change.
The Freelancer’s Rise Has Been Accelerated
The use of independent contractors more frequently is not a recent development. By 2020, according to the Intuit 2020 Report, more than 40% of the American workforce would be made up of freelancers, contractors, and temporary employees. According to the Freelancing in America 2019 report from Upwork and the Freelancers Union, which connects freelancers and employers, 57 million Americans worked as independent contractors in 2019, contributing around $1 trillion to the country’s gross domestic product.
However, the COVID-19 crisis gave the world economy a sense of urgency. According to Upwork CEO Hayden Brown, since the COVID-19 situation started, there has been an unprecedented increase in the number of new freelancer registrations and business requests for labor.
Contractors and Freelancers Beyond COVID-19
Beyond the current crisis, trends toward a smaller, project-based workforce are anticipated to persist, spurred by the broader digital transformation movement and the development of online services that connect employers with qualified workers. While many experts agree that most firms will view COVID-19 as a success and continue to use more freelance help in the future, COVID-19 has inspired enterprises that otherwise wouldn’t have considered hiring outside help.
This long-term perspective is justified for a variety of reasons, including:
Finding the ideal candidate for a project is now simpler than ever for businesses thanks to the development of internet platforms like Upwork, Freelancer, Guru, and Fiverr. Along with writers, designers, and other well-known members of the freelancing sector, this also includes software developers and other highly technical experts.
Companies can save a lot of money by concentrating on project-specific, short-term employees when they’re not paying for long-term employment (including benefits and payroll taxes) or office space. This is especially appropriate for businesses whose initiatives are expected to have an ebb and flow.
Skills Required for Freelancing
Although working from home is more practicable for independent contractors and consultants who manage several clients, the sorts of work that may be done by freelancers, contractors, and independent consultants are almost endless. However, since the COVID-19 issue has forced firms to cut employees while closing the majority of their offices, many organizations are only now starting to comprehend what’s feasible moving forward.
Of course, each organization will have different needs. Professionals who are already freelancing or who intend to do so should assess their knowledge and experience and think about upgrading their skills using online + physical learning resources like ZAFF Institute.
Development of Mobile Applications
If businesses in any industry expect to compete, they must improve their mobile reach. Many of these endeavors, such as creating applications, and mobile-friendly online content, can be completed as one-off tasks.
Java, C++, and Python are among the specialized talents required.
- Training for Java Certification
- A prerequisite for studying C++ is taking a C programming certification course, which covers the fundamentals of C.
- Training in Python
Although Bitcoin is surely already familiar to you, blockchain is much more than just a cryptocurrency. Businesses are utilizing this technology for applications including supply chain management, safe business-to-business transactions, and other situations where more security and accountability are necessary.
- Training for Blockchain Certification
There will always be a need for cybersecurity experts as long as bad actors try to hack into networks, con people, spread malware, or engage in other high-tech mayhem. As a result of the severe lack of qualified cybersecurity professionals, this is a promising area for specialization.
- Enterprise architecture and networks in general require a broad understanding from cybersecurity professionals.
- A Beginner’s Guide to Cybersecurity CEH (v10) – Certified Ethical Hacking Course expert in cybersecurity.