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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Fiverr International Ltd | NYSE:FVRR | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.62 | 2.50% | 25.41 | 25.54 | 24.71 | 24.71 | 284,251 | 17:20:02 |
“At the culmination of a challenging year, many workers are reassessing their relationship with work. Pressures to return to the office, a 9-5 schedule, stress from management, and a lack of free time have all contributed to an epidemic of burnout among US workers,” said Gali Arnon, Fiverr’s Chief Business Officer, Marketplace. “The renewed prioritization of passion-driven work and work-life balance is driving more people toward freelancing, a trend that will likely continue in 2024. The majority of business leaders recognize that their full-time employees are experiencing burnout, and are increasingly leaning on external talent. Freelancers extend company bandwidth, fortify the organization with new skills, and allow for more flexibility.”
Several key themes that emerged from the data include:
The burnout epidemic reached a new climax in 2023.
Business leaders are aware of rising burnout but often don’t provide resources to combat it.
For employers trying to support and retain full-time workers, freelance talent is a lifeline.
Improving their well-being is among workers’ top career priorities for 2024.
Burnt out from a 9-5, more workers are pursuing freelancing as an alternative.
Methodology
The research was conducted by Censuswide, among samples of 1,000 Employees and freelancers in the USA and 501 Business leaders in the USA (18+). The data was collected between 12.11.2023 - 11.24.2023. Censuswide abides by and employs members of the Market Research Society and follows the MRS code of conduct which is based on the ESOMAR principles.
Footnotes
1’Yes, most’ and ‘Yes, some’ responses combined2’Likely’ and ‘Somewhat likely’ responses combined3’Very true and ‘Somewhat true’ responses combined4’I am already freelancing’, ‘Yes, part-time or as a side-hustle’ and ‘Yes, I plan to freelance full time’ responses combined5’Yes, very much’ and ‘Yes, somewhat’ responses combined6’No’ and ‘I'm not sure/I'm not aware of them’ responses combined7‘Improved’ and ‘Dramatically improved’ responses combined
About FiverrFiverr’s mission is to change how the world works together. We exist to democratize access to talent and to provide talent with access to opportunities so anyone can grow their business, brand, or dreams. From small businesses to Fortune 500, over 4 million customers worldwide worked with freelance talent on Fiverr in the past year, ensuring their workforces remain flexible, adaptive, and agile. With Fiverr Business Solutions, large companies can find the right talent and tools, tailored to their needs to help them thrive and grow. On Fiverr, you can find over 700 skills, ranging from programming to 3D design, digital marketing to content creation, from video animation to architecture.
Don’t get left behind - come be a part of the future of work by visiting fiverr.com, read our blog, and follow us on Twitter, Instagram, and Facebook.
Media Contact: Molly Nolanpress@fiverr.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/13d5b40e-5529-45f3-97f9-3e7f5b7efd87.
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