The Way We Work

The Online Work Revolution: Are You Ready?

January 9, 2014 by

A rapidly growing number of businesses are turning to online work, where they can hire the best talent for any project—efficiently building and managing teams that span the US and even the globe. Whether you’re in engineering, sales, marketing, operations, or customer support, many of your peers and competitors are already leveraging online work. To make sure you stay ahead of the curve, check out oDesk's new white paper, "The Online Work Revolution," which is full of practical examples about creating and managing a remote workforce. It invites you to take inventory of your existing efforts to see if any of the "types of work being done online" apply to your company, in which case you could see significant benefits from trying online work. You can also read about how leading companies reap the benefits of online work, and learn how to implement online work at your company. Read Full Article

The Way We Work

Your “Dream Team”: How Givers Can Be The Most Loyal Supporters

November 19, 2013 by

A highly functioning workplace team is made up of many different, but complementary, personality types. Software Advice decided to find out what makes some of their workplace’s top performers tick—so they enlisted a workforce psychologist to help understand what makes these employees great, what they struggle with and how they perform in certain roles. By better understanding your current and future team members, you too can assemble a “dream team” of top performers, placed in the roles they perform best. In her previous post, Software Advice Managing Editor Holly Regan described the Savant; here, she discusses another important member of your lineup—the Giver. Read Full Article

The Way We Work

Why Savants Are Key To Your “Dream Team”—And How to Manage Them Effectively

November 8, 2013 by

A highly functioning workplace team is made up of many different, but complementary, personality types. Software Advice decided to find out what makes some of their workplace’s top performers tick—so they enlisted a workforce psychologist to help understand what makes these employees great, what they struggle with and how they perform in certain roles. By better understanding your current and future team members, you too can assemble a “dream team” of top performers, placed in the roles they perform best. Here, Software Advice Managing Editor Holly Regan discusses one important member of your lineup: the Savant. Read Full Article

The Way We Work

Self-Employed & Loving It: Pros of All Ages Choose Independence

October 3, 2013 by

There are 17.7 million independent workers in the U.S. at the moment, according to the newly released State of Independence in America report from MBO Partners, and they are overwhelmingly satisfied with the path they've taken. “Most independents choose and plan to continue this path because they want control over their lives, including the ability to determine when, where and what type of work they do,” the report’s authors explain, citing a survey of more than 4,000 independent workers in the U.S. That sense of being in charge is what has even more professionals poised to join their ranks—regardless of age. Read Full Article

The Way We Work

Infographic: Working Across Time Zones

August 20, 2013 by

Are you part of a globally distributed team? Do you work with freelancers or clients virtually from around the world? Are you curious about what the work day looks like in other countries? If you answered 'yes' to any of those questions, read on — the folks at Washington University’s School of Law’s @WashULaw program have created this handy infographic resource for working across time zones. Read Full Article

oConomy

The Rise of Specialists Online: Growing Opportunity for a Long Tail of Skills

August 5, 2013 by

The Internet is the main driving force of long-tail markets, as suppliers of these more unique items are now able to tap into buyers via online marketplaces (such as eBay and Amazon). But what if the long tail phenomenon spread to a more advanced market, one that would bring a broader economic impact? In other words, what if it spread to the world of work? As oDesk approached $1 billion cumulative spent hiring via our site, I wondered if the long tail was taking hold in our online workplace. With the Internet opening up access to businesses and professionals worldwide, I hypothesized that plotting oDesk skills data would show a long tail. Read Full Article

The Way We Work

Altimeter: The Collaborative Economy is Here to Stay, Including for Businesses

June 4, 2013 by

The sharing economy, collaborative consumption, on-demand access... it goes by many names, all equally buzzed-about. From travel accommodations (Airbnb, VRBO) to transportation (Uber, Lyft) and work (oDesk, TaskRabbit), the collaborative economy has disrupted more industries than it has left untouched. This morning, the research and advisory firm Altimeter Group published a report, “The Collaborative Economy,” outlining the landscape of this sector and chronicling its growth. Written by industry analyst and Altimeter partner Jeremiah Owyang, the report boldly highlights the necessity for businesses (not just consumers) to take advantage of the collaborative economy. Read Full Article

The Way We Work

Mary Meeker’s 2013 Internet Trends: Why Millennials Are Disrupting the Workforce

May 30, 2013 by

Millennials will be the ones to save us all. Why? They are more entrepreneurial than ever. They have to be, because they are making their way in a world that no longer offers safe, stable career paths and in turn offers volatility and uncertainty. They need to be that and more — including opportunistic and constantly evolving — to have the best odds of closing the current talent shortages, and to disrupt work for the better. If they succeed, that will benefit us all. Read Full Article

The Way We Work

oDesk Announces New Study on Millennials and the Future of Work

May 14, 2013 by

Here at oDesk, we are extremely lucky to have some of the world’s most innovative, leading-edge entrepreneurs at our fingertips—our freelancers. As “solopreneurs,” they represent the next generation of professionals; those who realize that the 9-to-5 is a relic of the past and that work should be on your own terms. We recently surveyed the professionals on oDesk about their views on entrepreneurship, their career paths and the future of work, and today we are excited to announce the results. The study, “Millennials and the Future of Work,” was released in partnership with Gen-Y consulting firm Millennial Branding. Read Full Article

The Way We Work

Terri Maxwell: Old Jobs Are Now Gone — The Work Revolution Is Here

May 8, 2013 by

Terri Maxwell's career-seeking clients were frustrated: Their old jobs had disappeared, and even the recovering economy wasn't bringing them back. As Maxwell began to dig deeper, she discovered two startling facts: First, the positions her clients had once held were indeed gone. Second, the reason they were disappearing was a change so seismic, it was akin to the Industrial Revolution. oDesk recently caught up with Maxwell, co-author of "The New World of Work," to discuss how jobs have changed and how both the workplace and the economy are being transformed by “the work revolution.” Read Full Article

oConomy

Fastest-Growing Skills in the oConomy: Bright Spots that Represent Job Opportunities

April 8, 2013 by

Those following the U.S. jobs reports closely are experiencing whiplash after the March numbers were released last Friday. Following February's positive report, March results showed the lowest rate of labor force participation (63.3%) since 1979 — turning optimism into depression. According to the March report, almost half a million people simply dropped out of the workforce. What’s happening? We decided to look at our job listings and identify skills that could represent opportunity for frustrated job seekers. Read Full Article

All Things oDesk

oDesk Data Reveals the Future of Work: Our Top Posts for 2012

January 8, 2013 by

Here at oDesk, we analyze data to better understand trends and growth — plus, we just like exploring the world of online work. As it turns out, you find the numbers just as interesting as we do! All but one of our top five oDesk posts from 2012, as determined by viewership, center around the “oConomy” — not just the world of online work, but the role oDesk plays in this ecosystem. Here’s a quick recap of the year's most popular posts. Read Full Article

The Way We Work

Large-Scale Experiment Shows Working From Home Improves Performance, Reduces Costs

August 27, 2012 by

While evidence shows that telecommuting can improve productivity and employee satisfaction, some businesses still have lingering concerns that remote workers will shirk their responsibilities given such flexibility and lack of supervision. One major Chinese company recently decided to find out for sure. In perhaps the largest-scale remote work study conducted to date, CTrip—China’s largest travel agency with a $5 billion valuation on NASDAQ and 13,000 employees—set out to investigate the benefits, drawbacks and feasibility of implementing a widespread work-from-home policy. The results, published by Stanford’s Economics Department and the Stanford Graduate School of Business, with cooperation from CTrip, were overwhelmingly positive. Read Full Article

The Way We Work

Digitization of the Supply Side of the Labor Market

August 13, 2012 by

We are witnessing an unprecedented, voluntary data collection and digitization of the supply side of the labor market. This “supply digitization” is going to be very impactful, because once the supply side of the labor market is digitized, platforms can begin making data-driven, highly contextualized recommendations to both sides of the market. In other words, the more detailed digital data these platforms have, the better they are able to recommend highly relevant jobs to job-seekers and equally relevant candidates to employers. But there still remains a lot of work to be done for this machine-learning research to reach its full economic and even humanitarian potential. Read Full Article

oConomy

The Blackouts in India, Seen in oDesk Data

August 6, 2012 by

A nationwide blackout in India recently left some 600 million people without electricity. Given that a large number of oDesk contractors are from India—it is the second-most active country by hours worked—oDesk Staff Economist John Horton set out to see if the effects of the blackout could be seen in our data. Here is his analysis. Read Full Article

oConomy

Contractors Average 190% Earnings Growth in 3 Years: What’s Driving This Potential?

July 25, 2012 by

Online work provides a huge opportunity for people to grow their careers. After 36 months on oDesk, contractors earn an average of 190% more than they earned during their first month on the platform. The growth curve is dramatic: oDesk contractors increase their earnings by an average of 60% during the first year alone. In addition to tenure on oDesk, we looked at two significant factors that accelerate earnings growth for contractors on the platform: education and prior (non-oDesk) work experience. Read Full Article