Freelancer.com - in Innovation in Technology Industries
Name of Organization / Company: Freelancer.com
Category: B01 - B11 - Award for Excellence in Corporate Innovation > B09B. Award for Excellence in Innovation in Technology Industries - More than 100 Employees
Entry Title: Freelancer.com is the largest cloud labor platform
Freelancer.com is changing lives around the world. The platform provides easy access to talented freelancers from all around the world, who offer a wide range of services at competitive prices.
At Freelancer.com, each product is produced by an individual team acting as a small start-up within the larger company. Therefore command and control of the organization is decentralized into highly effective product teams who all have access to the company dashboard -- thus ensuring each product team has all the information required to make the best decisions possible.
Similar strategy also applies to international growth, communications and support teams. Working in this way allows each team to manage themselves without the overhead and complexity of running a company of 500's of staff. All offices worldwide are composed of these small product teams managed by VP's looking after overall operations.
Freelancer is the lowest cost & largest cloud labor platform
With more than 50 million registered users worldwide in 247 countries, regions, and territories, 53 regional websites, 34 languages and 39 currencies; no crowdsourcing platform globally has the liquidity of Freelancer.com.
For clients it’s free to post your job, free to review and receive obligation-free quotes, free to chat with freelancers and review samples of work, portfolios etc. 3% project commissions paid by clients when a project is awarded and accepted.
For freelancers, it’s free to view projects posted, free to bid on projects, free to chat to clients, free to fill in your profile, upload your portfolio & provide samples of work. 10% project commissions paid by freelancers when a project is awarded and accepted.
68% of projects on Freelancer.com receive bids within 60 seconds. Aside from posting projects, users can get the perfect design by crowdsourcing their ideas to millions of freelancers. The larger the prize, the better the entries, and freelancers dynamically adapt their style to suit employers’ feedback.
Unmatched liquidity:
1,200,000+ entries per month
12,000,000 entries per year from
1,500,000+ participants per year
87% of contests receive entries in 1 hour
260 average entries per contest
Freelancer.com has over 1,800 job categories as diverse as Aerospace, Engineering, Biotechnology, Sales, Manufacturing, Mechanical Engineering. The complexity & sophistication is growing each year. Average completed project was US$178 in FY20.
We push the boundaries of human innovation. NASA and Freelancer have been working together since 2015 to crowdsource solutions to the most complex problems being faced by astronauts on the cutting edge of space exploration. “[NASA saw] extraordinary cost-savings (80-99%) when compared to traditional methods… implemented.. 97% across a wide range of federal space programs”*
6,355 freelancers participating in NASA’s contests on Freelancer.com from 137 countries. There have been 14,025 designs to date - only for NASA’s projects.
Supporting links:
https://www.freelancer.com/
https://www.freelancer.com/about/investor-pdf.php?id=136683554&name=20210223-FY20-Freelancer-Limited-Financial-Results
http://www.freelancer.com/contest/nasa
https://www.youtube.com/watch?v=G1AnYDIKG2k&feature=youtu.be
https://www2.staffingindustry.com/row/Editorial/Daily-News/Australia-Freelancer.com-lists-skills-with-fastest-growing-demand-in-Q4-52706
https://www.cnbc.com/video/2020/03/13/businesses-seeing-big-impacts-from-coronavirus-pandemic-analyst-says.html
https://finance.yahoo.com/news/gig-economy-leader-freelancer-com-090000449.html
https://www.bloomberg.com/news/videos/2020-04-06/-bloomberg-daybreak-australia-full-show-04-06-2020-video
https://www2.staffingindustry.com/row/Editorial/Daily-News/Australia-Contract-Watch-Freelancer-jointly-wins-NASA-tender-54000
https://www.bloomberg.com/news/audio/2020-06-09/matt-barrie-on-jobs-outlook-radio
https://www.cnbc.com/2020/07/07/freelance-work-grows-amid-covid-19-math-stats-game-hiring-in-demand.html
https://www.cnbc.com/2020/07/24/budget-minded-business-worlds-love-affair-with-gig-workers-is-growing.html
https://www.bloomberg.com/news/articles/2020-07-31/unemployed-rush-to-freelancing-sites-putting-pressure-on-wages?srnd=pursuits-vp
https://www2.staffingindustry.com/Editorial/Daily-News/Freelancer.com-reports-online-jobs-up-14-professionals-turning-to-freelancing-amid-pandemic-55450
https://www.smh.com.au/money/super-and-retirement/retirees-benefitting-from-the-gig-economy-20200122-p53tna.html
https://www.theaustralian.com.au/higher-education/work-experience-on-digital-platforms-the-way-of-the-future/news-story/28148c8913ec91ef62ee0182dd1051c1
https://www.dailymail.co.uk/news/article-8515787/The-three-jobs-hired-coronavirus-era-pay-well.html
https://au.finance.yahoo.com/news/aussies-upskill-reason-202427244.html
https://tribune.com.pk/story/2144710/2-need-increase-exports-try-ict-services/
https://www.peoplematters.in/news/recruitment/97000-jobs-in-analytics-and-data-remained-vacant-in-2019-report-24396
https://www.thenews.com.pk/magazine/you/643792-juggling-the-double-double-shifts
https://www.peoplemattersglobal.com/article/talent-management/businesses-have-started-to-see-sustainability-in-hiring-gig-workers-ceo-freelancercom-27773
https://drive.google.com/file/d/15foNf95Kw-qr0SaLK9RjOeCK3QBkSuhX/view?usp=sharing
https://news.cgtn.com/news/2020-07-09/Chances-born-out-of-challenges-Future-employment-in-post-COVID-world-RZhGaj0sso/index.html