Freelancing was seen as a sweeping trend about ten years ago; however, with the unstable economy the need for freelancers is taking an unexpected hike, making it one of the finest jobs of the future. Fixed jobs were the main objective of people earlier, nevertheless with the growing presence of internet, freelancing has become an easier way to get contracts from different countries, and in addition it offers more work flexibility from the comfort of your home than the usual 9 to 5 jobs. It’s difficult not to notice the rise of the one person business, neither can we avoid the benefits of freelance work for the employment, environment and the individual itself, some of which include;
- Explore more talent: The older business models were small businesses selecting a handful of employees who could work for them reasonably, they need to be geographically present and the business needed enough work for each individual to justify their hire. With, freelance workers, businesses get the opportunity to hire employees on per-project basis without worrying about the workload. Additionally, it does not require a long-term commitment and the company gets to hire multiple freelancers for specific jobs in the company, which results in exploring more talent. It is one of the jobs 2030.
- Gives more business flexibility: Business is not easy, it requires constant adjustment, readjustment and lots of overwork. Situations keep changing, and freelancing can prove to be a boon for a start up, as it allows agility and flexibility. Instead of hiring a set of people to work constantly, the business can hire freelancers or take them away as and when needed.
- Payment per performance: The payments done to freelancers are based on their performances and outcomes, unlike full time workers with a fixed salary. This makes sure that the business can ration for expenses and the man-hours result in prerequisite revenue goals.
- Enhanced Productivity: Freelancing enhances business productivity as payment is not based on hours spent and there are no incentives for freelancers to waste time- even if they do, they are not paid for it. Freelancers prove to be more efficient and hardworking than people who visit offices every day.
