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☆ A millennial freelancer making 6 figures a year explains how she's preparing for the inevitable shift in side hustles
▼ + stars: | 2024-09-25 | by ( Robin Madell | ) www.businessinsider.com time to read: +6 min

The 36-year-old business coach said she's been gearing up for an "inevitable shift" in how work will operate since 2014. Upwork's latest data shows that nearly 64 million Americans — representing nearly 40% of the entire US workforce — have undertaken freelance work. Stats like these further reiterate the growing recognition of the importance of having multiple income streams. Dixon also uses this strategy in her freelance career. People without side hustles could struggleUltimately, Dixon stands by the idea that everyone should have a side hustle.

Persons: —, Reid Hoffman, Hannah Dixon, Dixon, she's, She's, It's, it's Organizations: Service, Twitter, Business

☆ Activist investor Engine Capital pushes for new board at Upwork after taking 4% stake
▼ + stars: | 2024-09-13 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Close-up of sign at entrance to Silicon Valley headquarters of outsourcing and freelancing company Upwork, Mountain View, California, May 3, 2019. Activist investor Engine Capital has a roughly 4% stake in freelance marketplace Upwork and is pushing for a shakeup to the company's board. Upwork shares rose more than 3% on the news in pre-market trading Friday. Engine singled out several Upwork directors, including Chairman Thomas Layton and Greg Gretsch, for their lengthy tenures. Meanwhile, none of Upwork's directors have any apparent experience in staffing industry, the activist said.

Persons: Hayden Brown's, Brown, Arnaud Ajdler, Thomas Layton, Greg Gretsch, Splunk, Gary Steele, Ajdler, Upwork, Fiverr, Upwork didn't Organizations: CNBC Locations: Silicon, View , California

☆ Nearly 70% of Gen Zers are freelancing or plan to—'I never considered applying to a job'
▼ + stars: | 2024-05-24 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

In 2024, Gen Z workers are expected to outnumber baby boomers in the American labor force for the first time. CNBC Make It explores how Gen Zers are really putting their mark on career advice, office culture and more. Gen Zers, defined as people born between 1997 and 2012, are rethinking what it means to enter the workforce. A majority, 70% are currently freelancing or plan to in the future, according to a February 2024 Fiverr survey of 10,033 Gen Zers from around the world. More than half, 53%, of Gen Zers work full-time hours on freelance projects, according to a May 2024 Upwork survey of 1,070 Gen Zers.

Persons: Gen, Zers, They're, Upwork's, Kate Brunotts Organizations: CNBC Locations: New York

☆ 3 in-demand, high-paying side hustles—some can pay more than $200 an hour
▼ + stars: | 2024-04-20 | by ( Gili Malinsky | ) www.cnbc.com time to read: +2 min

Americans are diving into freelancing — 38% performed freelance work in 2023, according to Upwork's December 2023 Freelance Forward survey. You can write people's video game profiles, get paid to pretend to be someone on their dating profiles or even get paid to stand in line for people. Here are three high-paying, in-demand side hustles to consider according to Kristof and Daniella Flores, founder of side hustle blog I Like to Dabble. If you're interested in learning how it works, there are all sorts of online courses on sites like Coursera and tutorials by Google itself. When you take the courses, "you're often connected to the people who are going to hire you in the end," says Kristof.

Persons: Kathy Kristof, Kristof, Daniella Flores Organizations: Social, Google, IBM, Apple, National Initiative, Cybersecurity Careers Locations: cybersecurity

☆ Top executives say they’re training workers on AI. Managers and employees disagree
▼ + stars: | 2024-03-01 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

There's a disconnect between the level of AI training that leadership teams believe they're giving their employees and the level of training that managers and employees think they're getting, research shows. Nearly three-quarters (73%) of C-suite executives believe their company fully embraces generative AI, including training for the technology, according to a 2023 Upwork survey. "Executives sometimes have a broad-brush approach to AI training," said Apratim Purakayastha, chief technology officer at Skillsoft. Plus, they were 1.9 times more likely to have a formal generative AI skills program in place for their workforce, as well as 3.8 times more likely to have a well-defined generative AI strategy. Generative AI, Monahan notes, can usher in a new era of productivity — if we let it.

Persons: Kelly Monahan, it's, Apratim Purakayastha, Monahan, Purakayastha, Job redesigns, Robert Solow, redesigns, that's, they're, — Organizations: Upwork's Research, IBM, Pew Research Locations: upskilling, American, Davos, Switzerland

☆ Upwork's Kelly Monahan on why 2024 should be about embracing job disruption
▼ + stars: | 2023-12-16 | by ( Josée Rose | ) www.businessinsider.com time to read: +6 min

Read previewKelly Monahan wants to use "data-driven empirical insights to help guide" the conversation around the future of work. As the managing director of Upwork's Research Institute, Monahan knows this is an uphill battle. I'm going to make kind of a bold statement: I'm really excited for job disruption. As leaders, and as workers, we can begin to really think about redesigning the job itself. I thought we'd be much further along in that conversation, which is why as a researcher, I'm really willing to dive back into it going into 2024.

Persons: —, Kelly Monahan, It's, Monahan, I've, it's, Kelly, There's, that's, we'd, I'm Organizations: Service, Upwork's Research, Business

☆ AI expert is a hot new position in the freelance jobs market
▼ + stars: | 2023-09-10 | by ( Ophelia Anwah | ) www.cnbc.com time to read: +6 min

Three years ago, becoming an AI expert would involve "deep knowledge in machine learning algorithms, deep learning AI in general, and a lot of technical things," said Hu, who works through Fiverr on chatbot implementation projects. The rise of generative AI is rapidly reshaping the freelance tech job market, with AI-related job posts from employers and searches among job seekers surging across career and freelance job platforms, including LinkedIn, Upwork and Fiverr. There is opportunity for freelancers expert in AI to take advantage of the lack of AI skills among existing industry professionals, across sectors of the economy. She added that independent methods of education, including YouTube videos or blogs focused on AI skills, are becoming more sought after in the workforce. Hu said to start with the basics, including use of OpenAI tools, like ChatGPT, ChatGPT API, Dall-E, and davinci.

Persons: —, Hu, Vlad Hu, Hu isn't, Fiverr, Karin Kimbrough, we've, Margaret Lilani, Lilani, Victoria Papalian Organizations: LinkedIn, Microsoft, Freelance Locations: Fiverr, U.S

☆ How A.I. can help create jobs for humans, not just automate them
▼ + stars: | 2023-08-10 | by ( Rachel Curry | ) www.cnbc.com time to read: +5 min

In this article UPWK Follow your favorite stocks CREATE FREE ACCOUNTMemorystockphoto | Istock | Getty ImagesFor organizations creating a long-term strategy around generative artificial intelligence, the technology has the capacity to create jobs for humans, not just automate them. Then there are even more nuanced roles, such as AI ethicists (whose job is, essentially, to maintain a responsible AI framework). Not only are there more types of jobs as a result of the generative AI boom, but companies are actually hiring more because of the generative AI surge. That's why experts say upskilling existing employees is essential to any organization's AI integration. AI is fast — business consulting firm Accenture's report on so-called "AI maturity" predicts that AI transformation will occur 13% faster than overall digital transformation through 2024.

Persons: Margaret Lilani, upskilling, Ger Doyle, Doyle, " Doyle, Lilani, onboarding, it's Organizations: Istock, AI, Hire, SAS, Talent Survey

☆ Despite 'doom and gloom' reports, 64% of C-suite leaders plan to hire more as a result of generative A.I.
▼ + stars: | 2023-06-27 | by ( Gili Malinsky | ) www.cnbc.com time to read: +1 min

Headlines have been ablaze about the proliferation of generative AI tools like ChatGPT, many predicting the new tech will replace workers in various fields. As many as 300 million jobs worldwide could be affected, according to a recent Goldman Sachs report. But it turns out many in the C-suite have other plans. A majority, 64% of C-suite leaders say they will hire more workers as a result of generative AI, according to a new study of 1,400 U.S. business leaders by work marketplace Upwork. Here's why experts believe generative AI isn't replacing millions of workers anytime soon.

Persons: Goldman Sachs, Kelly Monahan

☆ For companies sticking with remote work, the rules for success are becoming clear
▼ + stars: | 2023-06-22 | by ( Rachel Curry | ) www.cnbc.com time to read: +7 min

For organizations that are ready to move past temporary remote or hybrid work arrangements, remote work "maturity" is the final step. Companies with highly effective documentation are more than twice as likely to report that their company maximizes the positives of remote work, according to the Gusto Hybrid Work Playbook. For early remote work adopters, rigorous documentation has been key from the beginning. Nearly half of companies who report having clear goals say remote or hybrid work has been positive for company performance. Reeder says while tools can help make remote work more effective, leaders should not use software to mask inefficiencies.

Persons: Annie Dean, Dean, JJ Reeder, " Reeder, Reeder, Brex, Angela Crossman, it's, Crossman, Upwork, Atlassian Organizations: Companies, malleability Locations: Atlassian, Upwork, San Francisco, Chicago

☆ 3 Gen Zers on deciding to become full-time freelancers: ‘I wouldn't go back’ to a corporate job
▼ + stars: | 2023-05-21 | by ( Gili Malinsky | ) www.cnbc.com time to read: +4 min

A majority, 70% of Gen Zers consider freelancing to be as viable a career option as a typical office job, according to a February 2023 Fiverr survey of 7,121 Gen Zers from around the world. Gigi Robinson, 24, influencerGigi Robinson, 24, had long struggled with chronic illnesses like Ehlers Danlos Syndrome and endometriosis. When he moved to Boca Raton, Florida, at 15, he started making videos about what it was like for a Brazilian to live in the U.S. And those gained some traction. But though he'd hoped YouTube would become his full-time gig, the channel wasn't making much. He'd also started hiring freelancers to take on some of the work from his clients.

☆ 5 in-demand freelance gigs new graduates can pick up ‘pretty quickly’—some pay more than $100/hour
▼ + stars: | 2023-05-17 | by ( Gili Malinsky | ) www.cnbc.com time to read: +3 min

Freelance work can also provide a stream of income and help you develop some skills even before you start a nine-to-five. Here are five freelance gigs for recent grads to consider, why they could be a good fit and how much experienced freelancers are charging for them. can put together a portfolio of their work pretty quickly and then immediately compete for jobs," she says. Social media marketing"Businesses are always looking for help keeping up to date and promoting their brand via social media," says Lilani. Social media specialists charge as much as $90 per hour on Upwork.

☆ How a college student uses TikTok to scale her photography side hustle with passive income and find clients she's excited about
▼ + stars: | 2023-03-22 | by ( Alexandra York | ) www.businessinsider.com time to read: +4 min

Cheung booked five figures in revenue last year, some of which came from passive income streams. She explains how she leveraged TikTok to find clients and earns passive income from her side hustle. TikTok changed my business trajectoryThe majority of my clients found me on TikTok. It's also been great for generating customers in other creative fields because many of them use TikTok for work, too. CheungI expanded my services to include passive income streamsEarlier in the pandemic, I also developed my own "presets."

☆ Fiverr or Upwork: When freelancers should use one over the other
▼ + stars: | 2023-03-08 | by ( Alexandra York | Jennifer Ortakales Dawkins | ) www.businessinsider.com time to read: +6 min

While their expertise may vary, many freelancers rely on the platforms Fiverr and Upwork to advertise their services, find clients, and grow their businesses. In his experience, Upwork clients are CEOs, startup founders, and established companies, while Fiverr clients tend to be smaller business owners or general individuals. That means freelancers who use Upwork can pursue fewer projects at a time while Fiverr freelancers typically complete more shorter-term gigs to earn the same amount of income. Payment terms and protection vary between platformsFisher's biggest gripe about Fiverr is that it pays freelancers in up to 14 days while Upwork pays freelancers in up to 10 days. "Whether it's Fiverr, Upwork, or any of the other platforms out there, you need to build your profile," she said.

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