EWork

About EWork

Ework Group, established in Stockholm, Sweden, in 2000, operates as a comprehensive talent solutions provider, connecting independent professionals with corporate and public sector clients. Magnus Berglind founded the company, leveraging his prior experience as a management consultant at McKinsey & Co. From its origins, Ework Group has expanded its footprint across Europe, establishing a presence in Finland, Denmark, and Norway between 2004 and 2007, followed by Poland in 2015 and more recently Slovakia and Belgium. Now a publicly traded entity on the Nasdaq Stockholm, the company has grown significantly, reporting over 11,500 professionals on assignment.

The firm's business model centers on acting as a broker and managed service provider (MSP) for contingent workforces, primarily in sectors like IT, engineering, R&D, and business development. It serves over 500 clients by managing the entire talent workflow, from sourcing and contracting to invoicing and compliance. Revenue is generated via a service fee, which as of mid-2024, is 0.9 percent of the amount invoiced by the consultant for an assignment. This fee covers administration, contract management, and other support services, while the platform remains free for consultants to join and search for opportunities.

Ework's core offering is its digital platform, which facilitates the connection between a network of over 200,000 professionals and client assignments. For clients, the company provides consulting, recruitment, and total talent management, helping them find necessary skills and manage their external workforce efficiently. For consultants and partner firms, Ework provides access to a steady stream of projects without the need for their own sales organization. The platform streamlines administrative tasks through features like digital time reporting and offers services like PayExpress for faster payments, aiming to simplify the life of a consultant.