In the digital age, freelancing has experienced an incredible boom. Now, according to Forbes, freelancers make up an astounding 35% of US workers, accounting for right at $1 trillion of income in 2016.
So what are the factors behind this growth of the freelance economy, and how can freelancers and businesses alike take best advantage of this growing trend?
Factors Leading to the Growth of Freelancing
The rapid growth of freelancing is no coincidence, as several factors have boosted freelancing to the prominence it now enjoys. These factors are:
By far the biggest factor contributing to the growth of freelancing has been innovations in technology. The internet and the plethora of tools and platforms it has given birth to have opened the door for many employees to complete their work remotely. No longer required to show up at an office, employees in legal, marketing, engineering, design, and many other fields are now able to find clients and deliver work to them on their own thanks to advances in technology.
The attitudes and lifestyle of modern workers, particularly millennials, have played a large role in the popularity of freelancing. Many millennial workers have a thirst for freedom and travel that only freelancing can provide. They value the ability to set their own hours and work from the location that they choose above most anything else that a traditional job could offer. Of course, it isn’t only the younger generation that is recognizing these benefits – 28% of Baby Boomers worked as freelancers as well in 2016.
Talented freelancers are in demand. Companies all over the world value the flexibility, diversity, and skill that freelancers bring to the table, and they are willing to pay for it. According to a survey of freelancers who quit their traditional jobs to begin freelancing, a little over half of those surveyed said that they are now earning more as a freelancer than they did at their old job. Meanwhile, 53% of freelancers surveyed said they believed having a number of clients they work for makes them more financially secure than relying on a single employer.
How to Take Advantage of the Growth of Freelancing
The growth of the freelancing economy offers plenty of new opportunities to both businesses and freelancers alike. For businesses, more freelancers in the field means more options to choose from, providing plenty of flexibility in regard to how modern companies complete their projects.
For freelancers, freelancing’s rising popularity may mean more competition, but it also means more opportunities that may have not been available just a few years ago. As companies all over the world continue to increasingly rely on freelancers as part of their workforce, you can expect more and more lucrative freelancing positions to become available.
Whether you are looking to hire a freelancer or you are thinking of starting a career as one, now is an excellent time wade into the wonderful world of freelancing. If you’re ready to get started, be sure to check out the freelancing platform freelancemyway.com.
A Shrewsbury based web-development company is proud to have recently unveiled the latest in a long line of new websites for clients. The Web Orchard has been working on a new website for Shropshire Fire and Rescue Service, which is now live!
The new Shropshire Fire and Rescue website is a Drupal 7 based website, utilising the best technology in terms of functionality and usability. The Web Orchard are Drupal specialists and believe it is one of the most adaptable and scalable content management systems available.
Speaking of the work, Pete White of The Web Orchard said “We're certainly proud to have developed the new website for such an important organisation and public service for local people, as Shropshire Fire and Rescue Service.”
He added “Their new website offers a professional, efficient and easy to use portal for people; with in-depth information for public safety, as well as incident reports, events and integrated social media.”
Ian Russell of Shropshire Fire and Rescue Service said “It was a pleasure to work with Web Orchard on this project. The professionalism, creativity and depth of knowledge shown by everyone on the development team was very impressive.”
Was walking into the Bullring in Birmingham last weekend and saw this out of the window. Yes it says HAZ MAT!!!!! As in what they use for chemical weapon explosion and nuclear radiation contaminations.
As you can imagine we all pondered our fate but we had to keep shopping knowing we could be infected by some deadly agent!
A week later I