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The Online Work Survey - oDesk, March 2012

Elance-oDesk
Elance-oDesk

A recent independent survey of more than 7,000 oDesk clients who have recently hired oDesk contractors indicates that online work is a growing trend being leveraged by savvy managers, and that it is seen as a strategic, long-term source of competitive advantage.

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The Online Work Survey
Methodology ≒ Study was conducted online by Genesis Research Associates ≒ 7,098 oDesk clients responded ≒ Margin of error: 1.1% 2
Of all the oDesk clients surveyed 3
Most are early technology adopters Adoption Categories Self-Description Early majority 27% Early I always look for 48% 42% adopters tech solutions 62% Laggards 11% Agree strongly Agree Q) Which of the following statements best describes your companys attitude about new technologies? Q) How much do you agree or disagree with each of the following statements? 4 Base (total respondents): 7,098
4 of 5 say they have management experience Management Experience 46% 37% 17% Novice manager Some experience Very experienced Q) How would you rate your own expertise with respect to hiring and managing people? 5 Base (total respondents): 7,098
Three-quarters have at least a B.A./B.S. degree Respondent Education 41% 34% 25% Bachelors Bachelors Grad School/Grad Degree Q) What is the last grade of school that you had the opportunity to complete? 6 Base (those who answered): 6,724
Remote hiring is seen as strategic Remote Hiring Attitude Remote Hiring Attitudes Remote hiring makes company more 48% 42% competitive Long-term strategy Agree strongly 76% Temporary Agree solution 24% Remote hiring will soon 43% 45% be common Q: Which of the following statements best describes how you feel about hiring remote contractors: Hiring remote contractors is a temporary solution; one day I hope to hire employees to 鍖ll these needs OR I dont want to hire employees, so I will continue to use remote contractors Q: How much do you agree or disagree with each of the following statements? 7 Base (total respondents): 7,098
Lift, not shift! Only 15% would have hired locally Alternative If No oDesk 50% 22% 15% 9% Other contracting source Work extra hours Local hire Delay/cancel project Q: If there had not been an appropriate oDesk contractor available for this project, what would you most likely have done? 8 Base (those who answered): 6,912 [Note Other responses are not included in these charts]
Most prefer a more quali鍖ed contractor, even at a higher cost Preference/Trade-Off More quali鍖ed 62% Less expensive 38% Q) Which of the following statements best describes how you feel about hiring a remote contractor: I would prefer to pay more and get a more quali鍖ed contractor OR I would prefer to hire the lowest-priced contractor who can do the work. 9 Base (total respondents): 7,098
For more information on this survey or for media inquiries, please email: press@odesk.com 10

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The Online Work Survey - oDesk, March 2012

  • 2. Methodology ≒ Study was conducted online by Genesis Research Associates ≒ 7,098 oDesk clients responded ≒ Margin of error: 1.1% 2
  • 3. Of all the oDesk clients surveyed 3
  • 4. Most are early technology adopters Adoption Categories Self-Description Early majority 27% Early I always look for 48% 42% adopters tech solutions 62% Laggards 11% Agree strongly Agree Q) Which of the following statements best describes your companys attitude about new technologies? Q) How much do you agree or disagree with each of the following statements? 4 Base (total respondents): 7,098
  • 5. 4 of 5 say they have management experience Management Experience 46% 37% 17% Novice manager Some experience Very experienced Q) How would you rate your own expertise with respect to hiring and managing people? 5 Base (total respondents): 7,098
  • 6. Three-quarters have at least a B.A./B.S. degree Respondent Education 41% 34% 25% Bachelors Bachelors Grad School/Grad Degree Q) What is the last grade of school that you had the opportunity to complete? 6 Base (those who answered): 6,724
  • 7. Remote hiring is seen as strategic Remote Hiring Attitude Remote Hiring Attitudes Remote hiring makes company more 48% 42% competitive Long-term strategy Agree strongly 76% Temporary Agree solution 24% Remote hiring will soon 43% 45% be common Q: Which of the following statements best describes how you feel about hiring remote contractors: Hiring remote contractors is a temporary solution; one day I hope to hire employees to 鍖ll these needs OR I dont want to hire employees, so I will continue to use remote contractors Q: How much do you agree or disagree with each of the following statements? 7 Base (total respondents): 7,098
  • 8. Lift, not shift! Only 15% would have hired locally Alternative If No oDesk 50% 22% 15% 9% Other contracting source Work extra hours Local hire Delay/cancel project Q: If there had not been an appropriate oDesk contractor available for this project, what would you most likely have done? 8 Base (those who answered): 6,912 [Note Other responses are not included in these charts]
  • 9. Most prefer a more quali鍖ed contractor, even at a higher cost Preference/Trade-Off More quali鍖ed 62% Less expensive 38% Q) Which of the following statements best describes how you feel about hiring a remote contractor: I would prefer to pay more and get a more quali鍖ed contractor OR I would prefer to hire the lowest-priced contractor who can do the work. 9 Base (total respondents): 7,098
  • 10. For more information on this survey or for media inquiries, please email: press@odesk.com 10