Latest news with #Freelancer.com
Business Recorder
7 days ago
- Business
- Business Recorder
Freelance services: annual foreign exchange inflows may reach $500m in Pakistan
KARACHI: Annual foreign exchange inflows from freelance services are rapidly growing and expected to reach $500 million in the current fiscal year (FY25), marking a significant contribution to the national exchequer. As the global nature of work undergoes rapid transformation, Pakistan is witnessing a powerful surge in the freelancing economy. With over 70 percent of its population under 30, the country is fast becoming a hub for digital talent. Ibrahim Amin, Chairman of the Pakistan Freelancers Association (PAFLA) has emphasised the critical role freelancers now play in Pakistan's economic stabilisation, especially in the face of recurring trade and currency imbalances. Minister meets freelancers and content creators 'These aren't just individual success stories. This is sustainable, scalable foreign income entering Pakistan without factories, raw materials, or traditional exports. It's smart economics,' he added. He said that PAFLA fully supporting the freelancers to contribute in the economic growth and is also in dialogue with federal and provincial governments to shape national policy frameworks. These include proposals for tax incentives, simplified account registration, lower transaction fees on remittances, and legal protections for freelancers, he added. Powered by the digital revolution, increased internet access, and global freelancing platforms like Upwork, Fiverr, and tens of thousands of Pakistanis now offer services worldwide, from the US and UK to the Middle East and Europe. According to the State Bank of Pakistan, freelance exports officially brought in over $400 million in the last fiscal year, poised to grow as more youth join the remote workforce. 'With the current pace of growth, we are expecting that freelance exports will cross $500 million during this fiscal year', Amin said and added 'These inflows support thousands of households while strengthening Pakistan's global digital reputation across IT, design, digital marketing, and content development sectors.' Despite this momentum, Amin pointed out several structural challenges, chief among them being the lack of access to international payment gateways like PayPal, unclear taxation policies, and the absence of freelancer-centric banking products. Copyright Business Recorder, 2025
Business Recorder
24-05-2025
- Business
- Business Recorder
Freelance services: Annual foreign exchange inflows may reach $500m
KARACHI: Annual foreign exchange inflows from freelance services are rapidly growing and expected to reach $500 million in the current fiscal year (FY25), marking a significant contribution to the national exchequer. As the global nature of work undergoes rapid transformation, Pakistan is witnessing a powerful surge in the freelancing economy. With over 70 percent of its population under 30, the country is fast becoming a hub for digital talent. Ibrahim Amin, Chairman of the Pakistan Freelancers Association (PAFLA) has emphasised the critical role freelancers now play in Pakistan's economic stabilisation, especially in the face of recurring trade and currency imbalances. Minister meets freelancers and content creators 'These aren't just individual success stories. This is sustainable, scalable foreign income entering Pakistan without factories, raw materials, or traditional exports. It's smart economics,' he added. He said that PAFLA fully supporting the freelancers to contribute in the economic growth and is also in dialogue with federal and provincial governments to shape national policy frameworks. These include proposals for tax incentives, simplified account registration, lower transaction fees on remittances, and legal protections for freelancers, he added. Powered by the digital revolution, increased internet access, and global freelancing platforms like Upwork, Fiverr, and tens of thousands of Pakistanis now offer services worldwide, from the US and UK to the Middle East and Europe. According to the State Bank of Pakistan, freelance exports officially brought in over $400 million in the last fiscal year, poised to grow as more youth join the remote workforce. 'With the current pace of growth, we are expecting that freelance exports will cross $500 million during this fiscal year', Amin said and added 'These inflows support thousands of households while strengthening Pakistan's global digital reputation across IT, design, digital marketing, and content development sectors.' Despite this momentum, Amin pointed out several structural challenges, chief among them being the lack of access to international payment gateways like PayPal, unclear taxation policies, and the absence of freelancer-centric banking products. Copyright Business Recorder, 2025
Yahoo
12-05-2025
- Business
- Yahoo
Freelancer.com Wins 13th Webby Award, Cementing Legacy as Internet's Gold Standard
SYDNEY, AU / / May 12, 2025 / Freelancer Limited (ASX:FLN) is thrilled to announce that has been honored with its 13th Webby Award, securing the prestigious People's Voice Winner in the Websites and Mobile Sites - Employment category at the 29th Annual Webby Awards. Widely regarded as the "Grammys or Emmys of the Internet," the Webby Awards celebrate excellence in digital innovation, and this victory underscores Freelancer's enduring leadership in the global online marketplace. Selected from over 13,000 entries across 70 countries and backed by more than 3 million votes from 750,000 people worldwide, win highlights its unmatched impact in connecting talent with opportunity. This 13th Webby Award reaffirms Freelancer's position as the world's largest freelancing and crowdsourcing marketplace, with over 80 million registered users and 25 million projects posted in fields ranging from website development and marketing to astrophysics and aerospace engineering. "We're incredibly honored to receive our 13th Webby Award, a testament to our relentless commitment to empowering entrepreneurs, freelancers, and businesses worldwide," said Matt Barrie, CEO of Freelancer Limited. At the Webby Awards ceremony, Barrie delivered a powerful five-word acceptance speech: "Your Dream - Make it Real!" encapsulating the platform's mission to turn aspirations into reality for millions globally. "This recognition from the global community reflects the trust and innovation that drive our platform to set the standard for the future of work." The Webby Awards, presented by the International Academy of Digital Arts and Sciences (IADAS), celebrate the best of the Internet. Freelancer's consistent recognition - now 13 times over-places it among the most decorated platforms in Webby history, showcasing its role in shaping the digital economy. For more information about and its award-winning platform, visit us at View Freelancer's official listing in the Webby Awards Winners: About Freelancer Thirteen-time Webby award-winning Freelancer is the world's largest freelancing and crowdsourcing marketplace by total number of users and projects posted. More than 80 million registered users have posted over 25 million projects and contests to date in over 3,000 areas as diverse as website development, logo design, marketing, copywriting, astrophysics, aerospace engineering and manufacturing. Freelancer owns the leading provider of secure online payments and online transaction management for consumers and businesses on the Internet with over USD$8 billion in transactions secured. Freelancer also owns Loadshift, Australia's largest heavy haulage freight marketplace with over 800 million kilometres of freight posted since inception. Freelancer Limited is listed on the Australian Securities Exchange under the ticker ASX:FLN. Forward-looking statements This document contains certain "forward-looking statements". The words "anticipate", "believe", "expect", "project", "forecast", "estimate", "outlook", "upside", "likely", "intend", "should", "could", "may", "target", "plan" and other similar expressions are intended to identify forward-looking statements. Indications of, and guidance on, future earnings and financial position and performance, including Freelancer's FY25 outlook, are also forward-looking statements, as are statements regarding Freelancer's plans and strategies and the development of the market. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors, many of which are beyond the control of Freelancer, which may cause actual results to differ materially from those expressed or implied in such statements. Freelancer cannot give any assurance or guarantee that the assumptions upon which management based its forward-looking statements will prove to be correct or exhaustive beyond the date of its making, or that Freelancer's business and operations will not be affected by other factors not currently foreseeable by management or beyond its control. Such forward-looking statements only speak as at the date of this announcement and Freelancer assumes no obligation to update such information. The release, publication or distribution of this document in jurisdictions outside Australia may be restricted by law. Any failure to comply with such restrictions may constitute a violation of applicable securities laws. Contact Details Relations+61 411 768 744investor@ Company Website SOURCE: Freelancer View the original press release on ACCESS Newswire Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
31-03-2025
- Business
- Globe and Mail
The U.S. IT Staffing Market Revenue to Reach from $37.89 Billion to $52.21 Billion by 2029
"U.S. IT Staffing Market Research Report by Arizton" According to Arizton's latest research report, the US IT staffing market is growing at a CAGR of 5.49% during 2023-2029. Report Summary Market Size (2029): $52.21 Billion Market Size (2023): $37.89 Billion CAGR (2023-2029): 5.49% Historic Year: 2020-2022 Base Year: 2023 Forecast Year: 2024-2029 Market Segmentation: Skillset, End-User, and Region The U.S. IT staffing market is evolving due to the rise of the gig economy, with more professionals choosing freelance or contract work over traditional full-time positions. This shift has spurred platforms like Upwork and which connect freelance IT talent with businesses. Companies are increasingly turning to managed IT services to outsource their IT needs, reducing costs and accessing specialized expertise, with providers such as IBM and Accenture leading the way. Automation and AI are transforming recruitment, with firms like Randstad and Robert Half using AI-powered tools to streamline candidate sourcing and enhance hiring efficiency. The remote work trend is also expanding opportunities for freelance IT professionals, enabling them to work globally and increasing competition among staffing firms to attract top talent. Additionally, IT staffing firms are investing in employer branding to highlight company culture and career growth opportunities, helping them stand out in a competitive market. Key Development On February 28, 2024, Insight Global launched its Be the Light Tour, a full-service career center initiative, in partnership with United Way to provide job-readiness resources to Atlanta job seekers. The mission of this tour is to empower communities by offering direct access to job-readiness resources and career-building strategies, with the goal of impacting 15,000 lives by 2025. This initiative demonstrates a growing trend toward community-focused workforce development and corporate social responsibility. IT staffing firms should consider similar community engagement and workforce development programs to enhance their brand reputation and contribute to economic sustainability. Tech and Telecom Sector to Boom in the US IT Staffing Market The tech and telecom sectors are key drivers of innovation, with increasing needs for professionals skilled in emerging technologies such as 5G, IoT, AI, and ML. Companies in these fields require a steady influx of talent to develop and maintain advanced products and services. With high-profile clients including federal organizations and government departments, these industries emphasize hiring employees with the right skills. The tech sector's interconnectedness with other industries, from manufacturing to aerospace, highlights the critical need for a well-skilled workforce. In the U.S., widespread technology adoption and high acceptance of tech-oriented products and services further fuel market growth. Competitive Overview The U.S. IT staffing market report contains exclusive data on 36 vendors. The U.S. IT staffing market's competitive scenario is intensifying, with global and domestic players offering diverse services. These players constantly strive to gain a larger market share by introducing new and innovative products and services. A few major players are currently dominating the market in terms of market share. Experis, Insight Global, Kforce, TEKsystems, Randstad, and ASGN Incorporated are some companies currently dominating the market. Major players focus on strategic agreements, acquisitions, and collaboration with emerging players to enter the U.S. IT staffing market and gain access to commercially launched services. Key Vendors Experis Insight Global Kforce Randstad TEKsystems ASGN Incorporated Consulting Solutions International Artech Motion Recruitment NTT DATA Beacon Hill Staffing Kelly Adecco Express Services 52 Limited VDart Robert Half Epitec CSI Tech Wunderland Group ALKU Innova Solutions Peyton Resource Group WinterWyman BGSF Acro Service Corporation Mindlance CompuCom Collabera Compunnel Dexian Optomi Mastech Digital NineHertz Rose International Toptal System One TATEEDA The Judge Group Vaco HAN Staffing vTech Solution Yoh Unique System Skills Segmentation & Forecast Skillset Software Engineers/Developers/DevOps/Architect Project Management QA/Testing Security Networking Cloud Computing Help Desk/Technical Support Mobile App Developer Others End-User Tech/Telecom BFSI Healthcare Manufacturing Retail Others Region South West Midwest Northeast Key Questions Answered in the Report: How big is the U.S. IT staffing market? What are the key drivers of the U.S. IT staffing market? What is the growth rate of the U.S. IT staffing market? Which region dominates the U.S. IT staffing market? Who are the major players in the U.S. IT staffing market? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
