Upwork Introduces Virtual Talent Bench™ to Help Businesses Find and Build Teams of Go-To Freelancers

Rhea-AI Summary

Upwork (NASDAQ: UPWK) has launched the Virtual Talent Bench, enhancing client relationship management by allowing users to discover, organize, and rehire trusted independent talent. This new feature aims to foster lasting work relationships, with about 25% of active clients utilizing it since its introduction. The enhanced Discover page helps clients connect with freelance professionals tailored to their project needs. The updates support efficient team organization, making it easier for clients to manage talent for ongoing projects.

Positive

• Launched Virtual Talent Bench to strengthen client relationships.
• 25% of active clients have adopted the new features.
• Streamlined organization of talent with one-click custom lists.

Negative

• None.

New Discover page and organization capabilities put relationships at the heart of getting work done

SAN FRANCISCO--(BUSINESS WIRE)-- Upwork (NASDAQ: UPWK), the world’s work marketplace, today announced Virtual Talent Bench, a series of features that makes relationship building central to the customer experience on Upwork by empowering clients to discover, organize, revisit and hire the independent talent they trust, collaborated with to drive successful outcomes or want to work with in the future. Virtual Talent Bench features enable clients to establish a network of top independent professionals they can work with time and time again on their most critical projects or to complement skill sets on their full-time teams.

“Facilitating more meaningful, lasting work relationships is the result of clear customer feedback and making intentional design choices that put talent at the core of our product experience,” said Sam Bright, chief product and experience officer, Upwork. “Virtual Talent Bench empowers clients to not only find new talent but also instantly save, organize and rehire them, so when they are ready to move a project forward, they have a team ready to go. We believe Virtual Talent Bench will guide customers on both sides of our work marketplace to healthier, long-term relationships and opportunities to grow their businesses.”

Since Virtual Talent Bench launched, approximately 25 percent of active Upwork clients have used the incorporated features.

As part of the release, a refreshed Discover page helps clients connect with independent professionals by surfacing individual talent profiles and projects based on past searches and job needs. These Discovery results can then be immediately added to a client’s Virtual Talent Bench.

Organizing a Virtual Talent Bench is achieved through one-click custom lists, now available for clients to build and reference when they want to reconnect with trusted talent or reach out to other skilled professionals who would be well-suited for certain projects. Lists are an expansion of the Save feature and can track specific skills or project criteria. Soon, clients will be able to invite an entire talent bench to submit a job proposal, creating additional efficiencies. Clients can now also apply tags to highlight soft skills and other competencies at a glance for individual talent, and private notes can be added to any professional or agency Upwork profile to provide more open-ended context and reminders.

“Any type of project is possible when you have an amazing group of independent talent at your fingertips. I have more than 80 globally distributed freelancers I'm working with on my Upwork Virtual Talent Bench at any given time, fueling a continuous engine that produces extremely high quality work," said Cara Bedford, director of marketing, CompuVision. "These new features make it even easier for me to organize and build upon the Virtual Talent Bench we've built for our organization.”

For independent professionals, Virtual Talent Bench increases prospects for discovery, repeat business and a more consistent income stream as they build stronger relationships with clients over time, leading to fewer resources required for business development.

To learn more, watch the Virtual Talent Bench overview video. Current Upwork customers can start using Virtual Talent Bench by visiting the new Discover page.

About Upwork

Upwork is the world’s work marketplace that connects businesses with independent talent. We serve everyone from one-person startups to 30% of the Fortune 100 with a powerful, trust-driven platform that enables companies and freelancers to work together in new ways that unlock their potential. Our talent community earned over $2.5 billion on Upwork in 2020 across more than 10,000 skills in categories including website & app development, creative & design, customer support, finance & accounting, consulting, and operations. Learn more at www.upwork.com and join us on LinkedIn, Twitter, Facebook, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211027005211/en/

Aaron Motsinger

press@upwork.com

Source: Upwork

FAQ

What is the Virtual Talent Bench by Upwork?

The Virtual Talent Bench is a new feature that allows Upwork clients to discover, organize, and rehire trusted independent talent for projects.

How many clients have used the Virtual Talent Bench features?

Approximately 25% of active Upwork clients have utilized the Virtual Talent Bench features since its launch.

What are the benefits of the new Discover page on Upwork?

The Discover page helps clients connect with independent professionals based on their past searches and job needs, enhancing the ease of finding suitable talent.

How does the Virtual Talent Bench enhance project management?

It allows clients to save and organize lists of trusted professionals, making it simpler to rehire talent for future projects.

What is Upwork's stock symbol?

Upwork's stock symbol is UPWK, and it trades on NASDAQ.