When you have a project, whom do you hire? Do you hire a flexible worker or independent contractor, or assign it to an employee?
It’s easier to decide once you know how they differ and the potential advantages of each.
Flexible talent/ Freelancer (IC)
Flexible talent, consultants, agencies…these are all types of ICs that are part of the contingent workforce. Unlike temporary employees (temps), ICs are not employed by a company or staffing firm.
Professionals with skills solely take on projects as remote employees. They majorly specialised in fields like IT, engineering, the arts, and law.
Generally speaking, flexible talent (FEs) and independent contractors (ICs) are the same and are frequently used synonymously. However, there are certain exceptions, that are:
People with flexible skills are independent contractors who run their own businesses. People with flexible skills are often those who:
- pay self-employment tax,
- they don’t employ anyone (although they can subcontract), and
- they choose their own rates
- work from home or another location
- select the projects and clientele they wish to work on
- deal with a variety of clients
Remote talent/ICs works on a Project-by-project basis. you shouldn’t instruct them on how to complete the work, just like when working with any other company. Tell them only what you need to be done and what you expect to happen.
These experts continue to have complete discretion over how they complete the assignment. This may entail hiring remote workers for a portion of the project. Additionally, the adaptable talent/IC is free to work anywhere, at any time, as long as the deadlines are met.
An individual who generally works as a flexible talent may not always qualify as an freelancer depending on the nature of the employment and other reasons. An individual should occasionally be considered an employee.
If your business frequently hires remote workers (freelancers), take into account services like croxaint.
Who should perform the task?
The sort of job you need to be done and your internal resources will determine who should perform the work.
Flexible talent or freelancers offers most businesses an affordable way to bridge skill gaps, promote innovation, and maintain competitiveness.
These qualified experts have years of expertise in various organisations. They are accustomed to launching into tasks and picking things up quickly. Their diverse experiences can also offer new insights and views that could enhance project outcomes.
When selecting the person who will work on your project, many criteria need to be taken into account. You can make a decision using the following questions, or you can design your questions also.
- Are the skills needed for the project completion available in-house?
- Do you need control over how the work gets done?
- Does the work require special training?
- With your in-house resources, are you able to complete the work by the deadline, without sacrificing other projects?
- Is the talent required to attend frequent meetings or give regular reports?
- Can the talent give the work to someone else?
- Will you need to provide special tools and types of equipment for the project completion?
Based on your Yes or No answers to the respective question, you can choose Remote talent (freelancer) or hire an employee as per your need.
You might want to think about hiring an agency for tasks that are bigger or more complicated. These are businesses with staff members or flexible talent who utilise other remote workers to complete assignments.
Projects that require more than one person to complete can often be handled via agencies.
It can be time-consuming and administratively demanding to hire a group of people. The many skill sets you want can be delivered by a single development agency at the required scale while you appreciate having a practical single point of contact.