Upwork Launches Lifted, a Subsidiary for Enterprise Contingent Workforce Solutions

Upwork Inc. has launched Lifted, a subsidiary offering a full suite of contingent workforce solutions for enterprises. Lifted integrates talent sourcing, contracting, and workforce management on a unified platform, supporting various workforce models. The platform leverages technology from Upwork's acquisitions of Bubty and Ascen, providing a seamless solution for sourcing, contracting, and paying global talent in compliance with regulations. This expansion positions Upwork for growth in the contingent workforce sector.

Upwork Inc. has expanded its offerings with the launch of Lifted, a wholly owned subsidiary designed to meet the complex needs of enterprise clients. Lifted provides a unified platform that combines talent sourcing, contracting, and workforce management, addressing the full spectrum of contingent workforce needs [2].

The platform leverages technology from Upwork's acquisitions of Bubty and Ascen to offer a seamless solution for sourcing, contracting, and paying global talent in compliance with regulations. This comprehensive approach enables enterprises to manage their extended workforces efficiently and effectively [2].

Lifted supports various contingent workforce models, including independent contractor relationships, agent of record (AOR), employer of record (EOR), staff augmentation, and statement of work (SOW) engagements. The platform integrates seamlessly into customers' existing contingent workforce programs, partnering with managed service providers (MSPs) and vendor management systems (VMS) [2].

Upwork Inc. aims to redefine the contingent workforce landscape by providing a technology-enabled platform that offers the visibility, compliance, and control companies need to scale their contingent workforces across borders, classifications, and procurement models [2].

With Lifted, enterprises can access on-demand talent across over 10,000 skill areas, including the most in-demand AI fields. This expansion positions Upwork for growth in the contingent workforce sector, addressing the increasing complexity of modern workforce models [2].

References:
[1] https://pintu.co.id/en/news/193364-circle-develops-arc-layer-1-to-strengthen-enterprise-scale-stablecoin-finance
[2] https://investors.upwork.com/news-releases/news-release-details/upwork-inc-introduces-lifted-subsidiary-serving-enterprises-full