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Freelance Facts & Figures: Where It Is Now & Where It’s Going

by | Feb 4, 2014 | Articles, Freelancing, Inspiration | 0 comments

freelancing facts and income figures

Freelance Facts & Figures

The last 5 years has seen a silent revolution in the way companies are hiring some of their workers. This is primarily due to the proliferation of the internet and the importance now being attached to websites and attracting customers to them.

This has all come about in combination with the financial collapse of late 2008 when millions more were finding themselves either out of work or struggling to keep up with the bills.

Since then, nearly a billion dollars has been earned online by freelancers, many of whom may have previously been in full time work. Worldwide there are now more than 3 million registered freelancers and this number is expected to grow further in the coming years.

Obviously there are many benefits to being a freelancer and 72% of those who juggle a full time job with their freelance responsibilities want to quit and become completely independent and responsible for their own destiny.

But it’s not always easy; the evidence suggests that around 30% of freelancers work more than 40 hours per week and only 38% find themselves earning more as an independent contractor than in the equivalent full time role.

But it is not always about the money with most freelancers citing one or more of the following non-monetary benefits: flexibility, variety, ability to work from anywhere and self determination.

More and more business both large and small are taking online promotion seriously and this will only create more opportunities for aspiring freelancers whether they are designers, content writers, SEO experts or web developers.

After losing his job in 2008, Brian Fenwick decided to take his passion for writing and try to earn a living from it. He now teaches people how to follow in his footsteps with his ebook on the subject. Pick up your copy from Amazon.

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