Emerging economies hire more freelancers from US, Canada and Europe, says report
Updated : July 27, 2018 06:28 AM IST
Companies are hiring freelancers in the developed markets it serves as the workers have knowledge about local culture, help gain a competitive advantage and increase the profitability of the company.
Hiring local talents in developed nations requires training and skill development. However, they are not as fast as their peers in the developed nations, which could downsize the operation to few people and increase the efficiency, the report added.
After India and Bangladesh, US is the third market in the world for freelancing.