With over a hundred professional categories, Elance makes it easy for companies to find the right person for a task. Those that hire can see work as it's progresses and pay for the desired results. This is an ideal set-up for not only those seeking professionals but for professionals seeking work. This allows more freedom; such as working from home, and it also enables those seeking help to easily find the right person for the job.
I think this is a trend that is here to stay and will continue to grow. However, this isn't without any drawbacks. Competition is fierce in the sense that you are competing with professionals on a global scale. Those hiring via this method save money on over-head such as employee benefits. This may prove to be more ideal for many professionals as a means of supplementing their income. Still this can be very hopeful depending on ones skills.
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