How Is COVID 19 Impacting Freelance Prices?

Ben Huffman, Co-founder of Contra (US): "We aren't seeing a significant drop in average rates at this time, however, one trend we are seeing is a more noteworthy concentration of work heading off to the top 5% of our network. As of now, our most popular in-demand skills are UI animation and frontend engineers work in Vue.js. It appears as though more companies are starting to look outside of their traditional networks to discover adaptable talent."

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Guillaume Lissorgues, CEO of Apy (Canada): "Covid-19 is averse to our freelancer populace; every single big venture was delayed or dropped and ongoing work is influenced. Our freelance mentors and guides are decreasing their billable hours or going disconnected and taking constrained holidays. Within a reasonable time-frame, our success rate will return to normal as the mass of freelancers is on an upward trend."

Terry Madavo, CEO of Talentdesk247.com (South Africa): "We have seen a reduction of 35% in overall demand for freelancers locally and regionally, and there is descending pressure on rates. The economic slowdown over the continent has brought about projects required to be postponed. Most customers state they will relook in 3 to 6 months. At long last, there is a marginal uptick in demand for engineers and cybersecurity specialists. Their rates have remained to a great extent unchanged."

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