Filipinos getting hired as online freelancers are rapidly increasing as more Filipino jobseekers online are getting employed, according to Elance the world’s leading online work platform.
The Global Online Employment Report by Elance shows that in June 2013 there were 96% more Filipino freelancers making a living out of working online on Elance compared to the same month last year. The growth in earning freelancers comes as a result of a 90% increase in the number of jobs awarded to Filipino freelancers on Elance in Q2 2013 compared to the same quarter last year.
The report also revealed a strong take up for Filipino online freelances as it also noted that its platform has grown 51% since last year with more than 800,000 businesses spending over $830 million on the platform to date. This growth demonstrates the increased adoption of hiring high-skilled freelance talent online, a market estimated to reach $5 billion by 2015.
Ronald Cirujano, Country Manager for Elance Philippines, reported that following its local launch in April this year, the company has seen a large number of new Filipino talents coming to its platform. More than 31,000 Filipinos signed up to work as freelancers on Elance in Q2 2013.
“In a country with an unemployment rate of about 7.5 percent, Elance is offering tremendous job opportunities for Filipinos. Philippines remains one of the biggest markets for freelancerswith businesses all over the world now hiring talented Filipino freelancers,” Cirujano said.
Most of the hired freelancers trade their talents in the Administrative Support and Design & Multimedia categories, offering skills such as data entry, research, graphic design and web design. The highest growth of new freelancers was seen in the Sales & Marketing category with 153% year over year.
Filipino freelancers are mostly being hired by businesses in the US and Australia, followed by Canadian, British and Dutch businesses, the report added.
Globally, Elance experienced robust growth in the first half of the year with 170,000 new businesses having joined its platform. The total number of freelancers grew by over half a million, leading to a total of 2.8 million freelancers. With more than $130 million in earnings made by Elance freelancers already this year, Elance has expanded operations to meet this growth curve.
Today over 800,000 businesses and 2.8 million freelancers use Elance in 170+ countries. Innovative global enterprises, small businesses and startups tap into the Elance talent pool, building teams from software engineers, application developers and web and graphic designers to copywriters, market researchers, data scientists, social media marketers, customer service agents and other business professionals. More than 1.2 million freelance jobs are posted through Elance annually. Elance is a privately held company with headquarters in Mountain View, California.