UPWK Upwork

Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All

Upwork Expands to Support Full-Time Hiring, Further Unlocking the World’s Work Marketplace for All

New end-to-end hiring solution enables businesses to find, vet, hire and pay global talent for full-time work, with tools to address complexity and risk

SAN FRANCISCO, Feb. 13, 2023 (GLOBE NEWSWIRE) -- (NASDAQ: UPWK), the world’s work marketplace, today announced a major expansion of its offerings, making full-time hiring available to all customers for the first time. A new end-to-end solution enables businesses of all sizes to find, vet, hire, onboard and pay highly skilled professionals for full-time work arrangements, without the complexity commonly associated with global hiring.

Businesses pay a price when they make a bad full-time hire, and professionals are often asked to commit to working full-time for a company they aren’t already comfortable with – real risks on both sides magnified by current economic uncertainty. Upwork’s proven track record of helping businesses and talent from over 180 countries and across more than 10,000 skills forge trusted, long-term relationships in a freelance capacity can now be applied to full-time work arrangements as well. Several new product features and enhanced capabilities allow clients to quickly and easily discover, evaluate, hire and work with a vast global pool of more than 2 million highly skilled professionals on Upwork who have already indicated openness to full-time work, all within a centralized platform.

“Today, hiring full-time talent around the globe is an expensive proposition and a leap of faith for everyone involved,” said Dave Bottoms, General Manager of Marketplace, Upwork. “With this expansion into a full-time hiring solution for all our customers, we have mobilized Upwork’s longstanding expertise, experience and technology to further help businesses and skilled professionals build trusted, long-term working relationships. We aim to provide customers the flexibility to choose the work arrangements that best fit their needs, and empower people on both sides of our work marketplace to thrive in today’s ever-changing world of work.”

Highlights of Upwork’s new end-to-end solution for full-time hiring include:

  • A mutually beneficial way for all clients and talent to trial a working relationship before they commit to a long-term, full-time engagement. In fact, since the beginning of 2023, clients testing this feature have posted over 40,000 contract-to-hire jobs on the Upwork marketplace.
  • Expanded availability of Upwork’s world-class payroll, compliance and contract management tools – formerly reserved for Enterprise Suite clients – to help small and mid-size businesses classify and pay talent, whether found on Upwork or sourced through their own network.
  • Enhanced capabilities for large businesses to classify, hire and pay full-time talent at scale, powered by customized onboarding workflows, systems integrations, and that accelerate talent innovation.

Survey data gathered for Upwork’s 2022 shows that 93 percent of hiring managers often or occasionally convert freelancers into full-time employees. The top reasons hiring managers convert freelancers to full-time include the quality of the freelancer’s work (71 percent) and, notably, the ability to try working with professionals before hiring them as full-time employees (41 percent).1

“At RSMC, our mission is to provide the highest quality fertility care services, but we can’t accomplish our mission without highly skilled talent. Whether they’re freelancers or full-time employees, they factor into the work we do and the services we deliver as part of the patient experience,” said Julianna Nikolic, Chief Strategy Officer, Reproductive Sciences Management Company. “As our business needs change and grow, having experience working with a freelancer allows us to move them into full-time roles with confidence, because we’ve already seen their best work and we know there’s synergy in the working relationship. Because we’re first able to work with them under a freelancing contract, we can identify skill sets they have and match those with full-time opportunities within our company. Upwork has allowed us to convert many people into full-time roles that are really integral to our business.”

To learn more about full-time hiring on Upwork, read the blog post: .

About Upwork

Upwork is the world’s work marketplace. We serve everyone from one-person startups to over 30% of the Fortune 100 with a powerful, trust-driven platform that enables companies and talent to work together in new ways that unlock their potential. Our talent community earned over $3.3 billion on Upwork in 2021 across more than 10,000 skills in categories including website & app development, creative & design, customer support, finance & accounting, consulting, and operations. Learn more at and join us on , , , , and .

Contact

Aaron Motsinger

1 Based on survey data of 1,000 U.S. hiring managers conducted in June 2022.

Photos accompanying this announcement are available at



EN
13/02/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Upwork

 PRESS RELEASE

Upwork Announces Board Refreshment, Adding Strategic Expertise to Supp...

Upwork Announces Board Refreshment, Adding Strategic Expertise to Support Next Chapter of Growth Dana Evan and Glenn Kelman join Board of Directors, bringing deep operational experience in financial strategy, market leadership, and platform scale PALO ALTO, Calif., June 06, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: UPWK), the world’s work marketplace, today announced changes to its Board of Directors to support its continued evolution and long-term strategy to lead as the preeminent destination for AI talent and work, expand its enterprise offerings, and deliver work outcomes for customers. ...

 PRESS RELEASE

Upwork Reports First Quarter 2025 Financial Results

Upwork Reports First Quarter 2025 Financial Results Achieves record first quarter with revenue of $192.7 million, GAAP net income of $37.7 million and adjusted EBITDA of $56.0 million, resulting in 20% profit margin and 29% adjusted EBITDA marginReiterates FY2025 revenue guidance and raises full-year adjusted EBITDA guidance PALO ALTO, Calif., May 05, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced its financial results for the fir...

 PRESS RELEASE

Upwork Study Finds 1 in 4 U.S. Skilled Knowledge Workers Now Work Inde...

Upwork Study Finds 1 in 4 U.S. Skilled Knowledge Workers Now Work Independently, Generating $1.5 Trillion in Earnings Upwork Research Institute launches inaugural Future Workforce Index, revealing that skilled freelancers are outpacing full-time employees in earning power, AI adoption, and future-ready skills PALO ALTO, Calif., April 23, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: UPWK), the world’s work marketplace that connects businesses with independent talent, today unveiled its inaugural , a flagship report analyzing the rise of skilled freelancers performing knowledge work and their impac...

 PRESS RELEASE

Upwork to Report First Quarter Financial Results on May 5, 2025

Upwork to Report First Quarter Financial Results on May 5, 2025 PALO ALTO, Calif., April 15, 2025 (GLOBE NEWSWIRE) -- (Nasdaq: UPWK), the world’s largest work marketplace that connects businesses with independent talent from across the globe, today announced that it will report its financial results for the first quarter of 2025 on Monday, May 5, 2025 after market close. The company will host a Q&A conference call to discuss these results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on the same day. A live webcast of the call will be available on the Upwork Investor Relations webs...

 PRESS RELEASE

Upwork Named to Fast Company’s Most Innovative Companies of 2025

Upwork Named to Fast Company’s Most Innovative Companies of 2025 Recognition highlights Upwork’s AI-driven approach to delivering faster, smarter work outcomes for customers PALO ALTO, Calif., March 18, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: UPWK), the world’s work marketplace, today announced that it has been recognized by Fast Company as one of the in the . The honor highlights Upwork’s industry-defining approach to transforming how businesses and independent professionals achieve meaningful work outcomes—faster, smarter, and with greater agility—by combining human expertise with AI-powe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch