Upwork, the largest global freelancer website by gross services volume, recently reported its financial results for the final quarter and full-year 2019. Overall, the company posted strong results, and its new CEO laid out the strategic roadmap for future growth. Results Recap Note on accounting changes: Upwork changed the way it accounts for various financial… Read more »
There’s a whole lot of ruckus going on in the Golden State. California just approved Assembly Bill 5, which specifically targets the gig economy and app-based companies. Under this measure, independent contractors who are working for such companies would be re-classified as employees and become eligible for minimum wage, benefits, pay guarantees, and union memberships… Read more »
Online Staffing companies are leveraging technology to disrupt the traditional staffing model. Unlike staffing firms, these companies deliver talent exchanges through marketplace models. These web-based platforms let individuals buy and sell various services and provide features that enable online project engagement and self-service options (e.g., billing, rating, scoping, and feedback). We’ve broken down Online Staffing… Read more »
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