YunoJuno Unleash Global Expansion Across 150+ Countries
YunoJuno, the market leading disrupter in contractor and freelance management solutions, today announces its global expansion across 150+ countries, marking a significant milestone in the contingent workforce management space. With the expansion, YunoJuno is set to redefine the way businesses collaborate with their external workforce of contractors and freelancers, offering a seamless and compliant management platform that now operates on a global scale.
The freelance and contractor economy has been on the rise, with more professionals choosing to work independently and businesses seeking specialised skills for project-based work. YunoJuno, currently serving 10 of the UK’s FTSE 100 companies and a large number of global multinational businesses, was among the first to recognise the growing demand for effective and comprehensive External Workforce Management Solutions and has committed to simplifying the hiring and compliance process, for both freelancers and employers worldwide.
With a vetted talent pool of 100,000+ elite freelancers and contractors spread across Europe and US already in place, YunoJuno is already supporting 15,000 businesses worldwide with their external workforce needs using a combination of deep domain level expertise and AI to automatically match the best talent with business requirements. YunoJuno has evolved in recent years to offer an enterprise grade Freelancer Management System (FMS) that brings full visibility to manage and compliantly pay a global contingent workforce.
Over the last year, YunoJuno’s capabilities have advanced from supporting companies to perform compliant worker classification of independent contractors in the UK to a fully expanded global freelancer and contractor compliance, management and payment solution.
| Old rule (2021 Independent Contractor Rule) | New Rule (Effective March 11, 2024) | |
|---|---|---|
| Basis of classification | Relied on a simpler, more straightforward approach that may not fully capture the complexity of modern work relationships. | Restores a multifactor "economic reality" test that considers a wider range of factors to determine employment status. |
| Legal consistency | Criticised for deviating from established legal precedent and potentially leading to more misclassifications. | Aims to align closely with longstanding legal precedent, offering more clarity and consistency in classification decisions. |
| Impact on workers | Concerns were raised that it might make it easier to classify workers as independent contractors, potentially denying them employment benefits. | Seeks to reduce the risk of misclassification, ensuring workers who should be classified as employees receive the benefits and protections that they're entitled to receive. |
| Guidance for employers | Provide a simpler framework for employers to classify workers, which could lead to broader interpretations and confusion. | Offers detailed guidance through the economic reality test, aiming to provide a clearer path for proper classification and reduce misclassifications. |
YunoJuno’s own custom-built product enables clients to hire talent globally at scale, while decreasing time to hire, cost and risk. Regardless of the contractor structure, YunoJuno’s compliant Freelancer Management System provides the ability to:
- Vet International Independent Contractors
- Conduct Global Independent Contractor Classifications
- Employ Workers through Agent of Record (AoR) services directly and Employer of Record (EoR) through a global network of partners
- Automate Payments, Handle Benefits and Tax of Independent Contractors
- Be Indemnified Against the Risk of Misclassification
From the US to Australia to Vietnam, YunoJuno’s expansion into 150+ countries is a testament to its dedication to create a thriving global freelance ecosystem. By providing a comprehensive platform that connects freelancers and businesses from diverse corners of the world, YunoJuno is empowering organisations to tap into a vast talent pool and expertise, irrespective of geographical boundaries.
YunoJuno’s COO, Joao Martires who's leading the global expansion summarises:
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