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It’s easier to let ya go as a FL. It’s harder to let ya go, with severance etc once you’re FT.
It’s a try before you buy… the full time offer is contingent on your performance during the freelance period
It’s so agencies can staff the work before they’ve secured the long term revenue commitment from a client that they need to hire full time.
I wouldn't go from a full time gig to a freelance-to-full-time gig. If you're interested though, make sure to treat it as a trial period for the company, too.
It’s primarily to test you out. Date before marrying.
but also to have you agree to a lower rate on freelance.. and then bring you on as an employee based a lower rate (from your freelance rate).
Overall, a mini red flag in my opinion. Hiring manager is t confident in you? Or maybe their boss only allowed X budget.. and are forcing the hiring manager to come up with a reason to hire you..