oDesk is a freelance global job marketplace that assists businesses for recruitment and management of remote employees by applying targeting tools. It recently gone through a merger alliance with Elance, in order to enhance the job opportunities online for almost eight million registered employees. After the alliance, both websites will be open and the company will keep Silicon Valley headquarters with California’s office of oDesk.
There emerged a largest online employment platform named as Elance-oDesk. It officially launched its operations in Dubai yesterday, headquartered at an innovation hub in5. It maintains 250 full time employees and 500 freelancers worldwide. Dubai is a place where the world comes to earn bread and butter. It is a hub of economic and financial development, one of the fastest growing economies of the world. The launch of Elance-o-Desk in Dubai is considered a good omen, following a successful ramp up in Egypt with over two million clients since the last two years. It has witnessed almost 80 percent annual growth with forecasted earnings of approximately $1 billion USD that will reach to $10 billion by 2020.
The job market in UAE is competitive with some 25,000 UAE based listed jobs and almost 60,000 UAE based freelancers. Elance-oDesk can avail this incredible opportunity and provide a platform to talented, committed freelancers and companies to excel in the country. Elance-oDesk is not alone in UAE market; it has local freelancers like Laimoon, Jobzella, and directly competing with Nabbesh as it offers identical services. The launch of Elance-o-Desk in UAE will open doors of opportunities for new comers to facilitate from this business.
Targeting the market perfectly, Elance-oDesk divided its workforce into three categories: full time freelancers, part time freelancers, and those individuals who are fresher, retires, or stay home mothers. The market survey reveals that almost 44 percent of the jobs are Information Technology based, 22 percent are web designing based, and 16 percent for academic, content writing and translation based. The other small proportions of jobs are based on sales & marketing, customer service, legal affairs, and administration.
Positive sentiments are observed at the launch of this prestigious freelance business in Dubai, highlighting the concerns of the performance evaluations and quality work issues that might emerge between the customers and users, stressing the need for hiring a new team of freelancers to work as a team. The response from the job market is over whelming for Elance-oDesk to operate legally in the domain of UAE. We prioritize the aim to deliver quality products to the clients by enabling transparency in labor sourcing and managing human resource.