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The Rise of Online Work

ONLINE WORK HAS ARRIVED! WORK MORE THAN $1 BILLION HAS BEEN SPENT ON WORK VIA ODESK THE DECLINE OF INDUSTRIAL AGE WORK Oe SPECIALIZED ROLES ARE ON THE RISE 66% of multinational Nonroutine companies say... Occupations 60% “talent shortages are likely to affect their bottom line in the next 5 years."' 55% 50% Routine 45% Occupations 40% 1975 1980 1985 1990 1995 2000 2005 2010 2015 Source: US Census Bureau, Current Population Survey 64% of businesses were looking for a new way to hire when they found THE RISE OF THE ONLINE WORKPLACE online work. TECHNOLOGY TODAY BRINGS WORK TO THE WORKER The online workplace delivers: IMPROVING ACCESS FASTER HIRING 24-HOUR PRODUCTIVITY TO SKILLS 90% of spend on oDesk Average days to hire IN 2007 IN 2012 vs 35 CATEGORIES CATEGORIES With teams in multiple time ONLINE zones, two-thirds (59%) of online work happens outside the client's 9-to-5 hours. (with 42 other categories growing quickly) 3 87 OFFLINE? "If you literally have twice as many productive working SKILL RANK ON ODESK hours in a 24-hour cycle as A long tail of specialists is growing on oDesk. your competitors, you can get much further ahead than X ON ODESK ALONE X they can in one day." Joshua Warren // Creatuity Corp. 4 Million Freelancers Listing 2,389 skills in the past year With more than 2.6M tests taken as proof of these skills By 2018 online work is WHERE DOES WORK projected to be a $5B market GO FROM HERE? The $1B already spent on oDesk makes it the largest online workplace Futurists describe the evolution of work "We've passed into a new economic era, confronting business and individuals with mounting challenges. Work marketplaces based on social platforms-'placeforms'-fill a new societal need." - Stowe Boyd "Cloud computing is making it easier to start businesses anywhere. Over the next decade the rise of the rest will play a key role in creating jobs." - Steve Case "Where, how, when, and even why we work is changing rapidly. Five generations-from digital natives to digital immigrants-are all in the same work place, but with different expectations. Organizations must strategically invest in human capital or face epic failure." - R. Ray Wang "Technology is transforming our relationship to assets and ownership. Technology unlocks the idling capacity." - Rachel Botsman "Work is no longer a place. Future teams will be flexible and results-focused. This creates more economic opportunity for both businesses that need to get more done, and professionals who want to be untethered from a desk." - Gary Swart "Millennials will be 75% of the workforce by 2025. They see no need to be confined to a corporate office, view the future of work as virtual, and want freedom and flexibility to work anywhere and anytime they please." - Dan Schawbel "It will become difficult to distinguish online workers from traditional employees." - Jeremiah Owyang FOR MORE INFORMATION SEE WWW.ODESK.COM/RISEOFONLINEWORK ' June 2012 study by the Economist Intelligence Unit 2 U.S. Office of Personnel Management QDesk *Staffing Industry Analysts Brought to you by Love the way you work. # OF JOB OPENINGS וה אה

The Rise of Online Work

shared by oDeskCorp on Aug 05
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Not since the Industrial Revolution have we experienced such rapid disruption of the way we work. In 2005, two entrepreneurs who wanted to work together (despite being half a world apart) created tech...

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oDesk

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oDeskCorp

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Business
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