Freelancing and Remote Work is the Future
Rao Sandeep Yadav
CEO & Co- Founder of Coherent Lab LLP and Fixnhour Pvt Ltd | Mobile/Web App Consultant | Helping Start-ups to Build Their Business
“Change is the law of life. And those who look only to the past or the present are certain miss the future”.
The word “freelance” brings the thought of insecurity, unstable income and a slew of other negative aspects. Traditionally, freelancing was only offered to writers, consultants and photographers. It was an option for workers that they did between jobs. But today, it has become lifestyle choic+-e. Some research points stated that more than half of all workers identifying as a part of the contingent economy, with those numbers trending upward.
Freelancing is becoming a growing career field. The total population of US workforce is exceeding to 200 million, among which more than 65 million workers are doing freelancing. People are eagerly joining freelance sites and other methods to work on project-to-project basis instead of a full-time job. Today’s gig economy, empowered with social media, online payments, global market place – provides all necessary tools required to chart their own career path and leverage a freelance work lifestyle to build a full-time career. Over the past decades, the freelancing economy has grown exponentially and firmly it can be said that future of work has arrived.
The bright young future for freelancers
The freelance workforce is almost young as nearby 70% of freelancers are being under age of 25 and 21% are under age of 25. Whereas in Asia, the youth movement is more pronounced where 82% freelancers are below 35 and in North America the number is closer to 47%. Along with this, at the beginning and end of the career people are more likely to do freelancing whereas the issue of security and promise of stable pay check come it seems to encourage workers to seek company jobs. Although, most of the experienced workers are getting top pays that seems to fill the gap in near future by offering numerous freelancing opportunities.
Education doesn’t necessarily correlate with higher payments of freelancers, as those who have bachelor’s degree can also apply for suitable profiles, indicates that future of freelancing values for client reviews’ references and rich portfolio instead of traditional educational achievements.
Corporate businesses have also opened up with the idea of hiring freelancers as it brings immense benefits for them. It has been overviewed that on-demand workforce is a competitive advantage for business organizations.
Here’s given benefits of Freelancing that will make you believe that freelancing is future of Industry-
Benefits of Freelancing
1. It always allows you to focus on personal career goals – Usually, when young people start their career, they have numerous goals which they want to pursue, from learning any specific programming language to becoming instructors. Freelancing renders opportunities to youngsters to achieve their goals, especially when they start their career and have too financial liabilities. In this era of collaboration and interdisciplinary, it is required to learn new skills on daily basis on in and outside of careers. In this case, choosing freelancing as an option would be great as it permits to work as per the choices. Apart from this, it also assists experienced professionals to tailor their skills and work hours in relation to the working hours they would like to work on.
2. Freelancing provides a safety net – It may be possible that current job you are doing isn’t suits best. However, some people cannot think about switching their career due to necessary financial requirements. Shifting into freelance domain helps in reducing the stress in distinct ways. Furthermore, it is also a good option for professionals due to less job security regular jobs have. Nowadays, companies are also changing their employee management tactics by increasing work hours; it forces skilled professionals to go into freelancing beside regular jobs. More and more youths are creating their websites on freelancing sites like – Upwork, Fiverr, Toptal etc. to improve their work experience.
3. Provides more flexibility and quality output- Unlike employees, freelancing skills aren’t in constant demand throughout a year, freelancers can be sourced as when required. For corporate managers, freelancing provides them flexibility to hire employees for completion of projects with specific skills or expertise. In present environment, you can hire freelancers from various platforms. On the other hand, freelancing ensure you to deliver quality work as workers are always striving to give their best to get repeat orders. Many freelancers come with prior experience, they bring a broader perspective of their work. Whenever it is required, workers also collaborate with each other which leads in better quality output.
4. Cost-saving and scalability – In order to save cost, companies hire freelancers to save 20% to 30%, these managers doesn’t require full-time employee and related benefits like – insurance, retirement and social security. Beside this, it provides an opportunity to enterprises have ability to scale up or down their operations with freelancers. Engaging with such people enables to obtain innovation and better organizational agility.
Wrapping up!!
By reading this, it has been cleared to you that future of freelancing is bright. Undoubtedly, people are switching into this to work freely and flexibility as per their choices and schedules as well as earn best money.
In order to the freelancing, you can go with www.fixnhour.com #fixnhour
Thank you!
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4 年We’re in the best place in technological history to enable successful work from home experiences. #workfromhome or #remotework is the future #fixnhour