The third annual UK Future Workforce Index by Fiverr reveals that over one-third of UK businesses save more than £40,000 per month by employing freelancers, with average savings at £33,000. As the labor market shifts, businesses are seeking agile, tech-savvy freelancers to address skill shortages and meet the competitive demands posed by AI advancements. However, outdated policies like IR35 impede growth, prompting calls for urgent reform. With 35% of employers struggling to hire full-time staff and nearly half citing quality and availability issues, freelancers are increasingly seen as essential to sustaining business agility and innovation.
This significant shift towards freelancers is driven by a strong demand for flexibility, as businesses face hiring challenges and high salary expectations, making the flexible workforce a critical asset.
Given the ongoing economic pressures and advancements in AI, UK businesses are increasingly leveraging freelancers' tech-savvy skills, driving innovation and adaptiveness in the ever-evolving labor market.
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