Upwork earning | Online earning class | Digital pandaa 2024
Introduction of upwork earning
upwork earning advances in technology, including mobility and faster internet speeds, have
yielded a crop of web-based labor market intermediaries. Claims abound of the markets
for certain types of labor being “eaten” by new platforms that meet new needs while also
doing a more efficient job of meeting the old needs. One such new platform is Upwork,
which in many ways resembles a fully online temporary staffing agency with a global
reach. The central question of this paper is whether Upwork is simply a web-first version
of a temporary staffing industry or something entirely different with the potential to
revolutionize the temporary staffing industry. We argue that Upwork is significantly
different from traditional temporary staffing agencies. In this paper, we do analyze the
differences uniting Upwork and temporary staffing agencies in three areas:
composition, wages and revenue, and efficiency.
About Upwork
upwork earning is a global online platform that connects workers–mainly freelancers–
with those seeking to hire workers. The organization, originally called Elance – Odesk,
was created in 2013 when two separate companies, Elance and Odesk, merged. Upwork
reports that they currently have over 12 million freelancers and 5 million clients. Over
one billion USD in work is done annually, with nearly half in technology. Both clients
and workers hail from all over the world (Upwork, 2016).
Upwork in the labor landscape
upwork earning Industry and news publications often make unfounded predictions about the
potential of online labor platforms to revolutionize the labor market. Too often, vaguely
defined phrases like “gig economy” and “uberization of work” are used to describe a
scenario where the mass adoption of many different labor platforms results in a
revolutionized labor market. Such predictions are rarely based on a sober analysis of the
platforms in question or the mechanisms by which these platforms could change the
labor market.
Framework for comparison
upwork earning Our framework for comparing Upwork and temporary staffing agencies (TSAs)
examines three characteristics of each intermediary: composition, wages and revenue,
and efficiency. Differences in these areas not only indicate important differences
between the temporary staffing industry and Upwork, but they might also point to
differences in overall costs between the two. Cost difference is important because it
indicates Upwork’s potential to revolutionize the traditional temporary staffing industry
model or the labor market as a whole.
Occupational and worker composition
upwork earning we hypothesize that both the type of work and types of workers most commonly
found on Upwork are different from those most commonly found in the temp industry.
Such a difference might in turn signal that Upwork is filling worker or client needs that
are different from the needs being filled by the temporary staffing industry (temp
industry). In this section, we compare the two LMIs in two different ways. First, we look
at the breakdown in occupations between the temp industry and Upwork. Then, we
examine Upwork worker hours and schedule compared to those of temporary workers.
Occupational breakdown
upwork earning when Dey, Houseman, & Polivka (2012) traced the growth and evolution of the
temp industry, they noted that clerical positions, which were originally a greater
percentage of temporary jobs, took a backseat to blue collar professions around the
dawn of the new millennium and expansion into technical professions has begun more
recently. Their findings align with a 2015 report by the United States Department of
Commerce, which found that the two largest occupations within the temp industry were
blue collar: transportation and material moving (24%) and production (24%). Office and
administrative follow closely (20.7%) and, in a distant fourth, computer and
mathematical occupations (3.4%) (Nicholson, 2015). Our second approach tries to adjust
profiles by capturing the demand side by simply reporting number of posted jobs for upwork .