IR35 - Are you Protected?
The third in the series on IR35, we look at insurance.
Hiring freelancers gives you a cost effective solution to hiring the right talent to meet your business needs. Helping you to become more competitive, it enables you to complete projects quickly, without permanently adding to your overheads.
The benefit of using a marketplace platform is that you can compare bids, not only can you look at people's offers and also check them out to see if they are someone you want to ally with and draw their energy into your business. That might sound "woo" but it is a big deal to me. I chose not only according to price per project, but according to with whom I wanted to work. YunoJuno is very "high-touch" so I knew if anything went pear-shaped I would have the benefit of their mediation and the people who appeared in answer to my offer were of very high quality and integrity. Sourcing out your business involves trust and having the benefit of an integrous platform, with a vetting process, just makes that something you don't have to worry about at all so you can advance in confidence, and without distraction.
Laura Miller, Founder, O Best Beloved Animal Communication
As new challenges arise and goals change, hiring a freelancer can give you the opportunity to cherry pick the precise talent needed to get the job done.
Here are just some of the benefits of hiring freelancers:
Hiring freelancers gives you access to the best talent at the fraction of the recruitment cost. Not only do you save the cost of hiring full time employees, there are additional costs such as office space, supplies and employee benefits that are easily saved.
So instead of having a suite of people sitting in a studio waiting to be deployed on a project that may or may not get commissioned, more and more companies are building a network of trusted people who can be deployed based on a particular need and brief. It starts to make both strategic and economic sense.
Economic sense because resourcing a studio this way allows an organisation to scale up and scale down based on need. Thus the costs for a studio in ‘idle state’ is dramatically reduced and the delivery of projects are incredibly tailored by specialists — the modern freelancer.
Strategic sense because an organisation has the benefit of deploying very specialist skills to very specific briefs. Specialist skills that may have been otherwise inaccessible to your organisation. The person you resourced for the Nike Mobile App may not be the best person for the Mercedes pitch.
A freelancer doesn’t always have the luxury of joining a well-structured team where they can neatly slot themselves in and simply get on with their craft. A lot of times they have to wear many hats: a designer who is a great conceptual art director; a developer who has a solid grasp of user experience practices; a project manager who is comfortable in front of a client. And as much as I’d like to infer the residence of a mutant gene, the answer lies in something a little more mundane — freelancers get around and they see things. Sometimes a great way to gauge the quality of a freelancer is not by how many years Freelancer X has been doing Skill Y for, but simply how long a freelancer has been freelancing.
Ten years of being freelance are ten years moving from project to project, learning (sometimes even failing) and adapting because they simply have to. The years have made them stronger — in their craft and probably for your project.
For the simple reason that they have to be. Their reputation rests on them delivering what they say they can deliver — every day, every gig. They want to provide results on time and within budget, as a big driver of their work is word of mouth and recommendations.
Freelancers have broad experience across a multitude of clients and industries. Hiring a freelancer gives you the benefit to leverage this knowledge and experience. They’re also not worried about preconceived ideas so can help bring a new perspective to your business.
When moving from project to project, studio to studio, freelancers have the opportunity to work with a variety of team structures and delivery methods. In doing so, they become inherently aware of how long it’s going to take to slot their piece into the project jigsaw.
This doesn’t mean they get tasks done quicker nor are they able to fit seven days into three — but the deliberate exposure to multiple projects and employers enables a freelancer to appreciate project deadlines like few other people.
YunoJuno is a marketplace, curated of the best industry vetted creative and tech freelancers. What started as a platform to connect the greatest freelancers with a handful of forward- thinking companies is now changing how the creative and tech industry resource their business and manage their workforce.