Freelance work is here to stay, but it won’t replace traditional W-2 employment, according to US polling data released by global staffing firm Express Employment Professionals.

The research found 72% of job seekers and 75% of hiring managers at companies don’t believe that work as a freelancer or independent contractor will replace W-2 employment. However, both job seekers and hiring managers don’t believe that freelance work is a fad with 66% and 58%, respectively, agreeing that it’s here to stay.

In addition, nearly half of US hiring managers, 47%, said their businesses engaged workers on a 1099 (independent contractor) basis, while 29% do not currently but have in the past. Only 24% reported their firm has never engaged such workers.

Express noted that engaging workers on a 1099 basis can come with advantages, and it found that 45% of hiring managers worry their company will lose employees to 1099 opportunities; nearly a quarter, 23%, said they already have.

Express also cited data from a separate poll that found disadvantages as well, including lack of career support for independent contractors, unreliability in terms of long-term financial stability and less leverage as an independent contractor than a traditional W-2 employee.

“W-2 work provides the perfect blend of flexibility and security, allowing individuals to pursue their passions while enjoying the stability of traditional employment,” Bill Stoller, Express Employment International CEO, said in a press release. “It fosters a sense of unity and belonging, making employees feel like valued members of a team rather than solitary contributors, and allows them to experience the camaraderie and shared purpose that comes with working alongside colleagues in a supportive organization.”

Express’ poll of 1,010 hiring decision-makers in the US took place between June 13 and June 26. Its poll of job seekers included 1,006 adults in the US and also took place between June 13 and June 26.