The largest global freelancing website, Upwork, has recently announced the debut of its Program Owner Experience for Upwork Enterprise clientele. The program was announced at the second annual Work Without Limits Executive Summit and gives firms the capabilities to pursue flexible workforces. According to Upwork reports, the majority of companies (~59%) utilize freelancers, temp workers, and agencies in their employment, but current business models do not support this demand.
“Workforce transformation is the next critical stage of digital transformation and a requirement for companies competing for talent,” said Stephane Kasriel, CEO of Upwork. “While companies today spend $3.5 trillion on contingent labor, existing models are restrictive; constrained by geography, lack of transparency and prohibitive cost structures. We’re helping companies shift their contingent spend to a flexible workforce model that provides them with the visibility, access to talent and management capabilities they need to compete at a global scale.”
Technological innovations and increasing demand for service sophistication is driving companies to explore alternatives to traditional staffing. Fortune 500 enterprises such as GE, Samsung and Microsoft are embracing online talent platforms to access flexible, temporary talent around the world to increase the speed of innovation. While adoption of flexible staffing is on the rise, many companies lack the institutional knowledge and resources needed to support this new way of working.
The new Program Owner Experience takes Upwork’s Enterprise offering to new heights providing companies with the resources and tools they need to build, scale and measure the impact of their flexible talent program while adding bottom-line value.
The Upwork Enterprise portal offers program owners who are responsible for building flexible teams a robust toolkit to help assess an organization’s overall program effectiveness, including organizational adoption and ROI. The portal features:
Insights and Trends
The new Insights and Trends page via the portal gives program owners access to key data to help them better understand how their program is performing against traditional staffing, identify gaps and compare with how other enterprise companies are using the platform. The Insights and Trends section provides:
Further information can be found at the Upwork Enterprise website.
Edited by K. Fanning
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