Freelancing was already gaining momentum steadily within the final decade, however the sudden pandemic that pressured individuals to do business from home has additional pushed extra individuals and organizations to check out freelancing at the very least in some kind. The freelance statistics for 2021 depict the identical:
- Freelance jobs postings elevated by over 41 % within the second half of 2020 as corporations realised they couldn’t rent full-time workers anytime quickly[1]
- 36 % of Gen Z freelancers began out proper across the onset of the pandemic[1]
- 32 % of freelancers state that their demand really elevated attributable to COVID-19[2]
- 68 % of completely employed distant employees at the moment are curious about taking up some freelance work due to the pandemic [3]
Even with out the pandemic, freelancing was already fairly standard with increasingly individuals leaning in the direction of it. All of the pandemic did was make individuals realise that freelancing is a worthwhile and viable type of working. Whereas it doesn’t provide the safety of a everlasting job, it can provide you extra flexibility and freedom to create your individual schedule, select initiatives that you just like, work at a pricing that aligns together with your expertise, and have a greater work-life stability.
As a contract author in India who has been doing this for the final 7-8 years, I really noticed my work tremendously improve throughout the pandemic, though I needed to severely reduce down my working hours because of the rising duties at house and the necessity to handle my psychological well being throughout this troublesome section. I’ve additionally seen increasingly corporations divulge heart’s contents to the concept of hiring freelancers remotely and understand that hiring freelancers is a greater deal for them than discovering and onboarding distant workers.
Nonetheless not satisfied about freelancing? Check out these freelance statistics
1- Content material technique is seventh most in-demand ability for freelancers
Whereas over 60 % of the highest in-demand expertise for freelancers are improvement associated, content material technique lands at seventh spot. Different non-development expertise embody voice over, subtitling and artwork path.[5]
2- 30 % of freelance writers made lower than $10 per hour of their first yr
In case you are a brand new freelance author and you’ve got been feeling slightly discouraged with the small payouts and uncommon initiatives, right here is one thing to maintain you motivated — First years are arduous for everybody and freelance statistics show the identical.
Of their first yr, a freelance content material author could make as little as $10 per hour. Nonetheless,10 % of recent freelance writers which are extremely expert find yourself incomes greater than $76 per hour.[7]
3- Content material writers on common could make $22-$80 per hour
Whereas it may be tough to reply how a lot freelance writers could make in a month or yr, on common freelance content material writers could make $22-$80 per hour. [1]
What’s much more shocking is the truth that freelance writers could make anyplace between $5 to $1000 per article. Rather a lot relies on the area of interest you’re writing for, the quantity of analysis you’re dealing with, and the form of expertise that you’ve. Right here’s a information to set your individual freelance writing charges to make sure you aren’t getting underpaid.
4- The highest three freelance writing niches are Finance, B2B, and SaaS:
Majority of freelance writers that make nicely over $3000 monthly write for 3 foremost niches: finance, B2B advertising,and SaaS — proving that these niches have huge potential and restricted skilled writers.[9]
5- 26 % of writers that wrestle to get constant initiatives are nicheless
One of many foremost the explanation why freelance writers wrestle to fulfill their month-to-month income objective is that they keep nicheless. With out an experience in any area of interest, it may be troublesome to justify your expenses and improve them constantly, thus plateauing your income after a time period. [9]
6- 61 % of freelance writers get initiatives via referrals and chilly emailing
In accordance with this freelance statistics, over 61 % of freelance content material writers that make nicely over $3,000 monthly get new purchasers and initiatives via referrals from others or straight chilly emailing their potential purchasers. [9] Getting new initiatives isn’t as overwhelming because it sounds — right here’s a information
7- Work completed by freelancers is anticipated to double within the subsequent 10 years
The quantity of labor dealt with by freelancers, momentary workers and businesses will improve by over 168 % within the subsequent 10 years — indicating a slightly booming freelance financial system which reveals no indicators of slowing down.[4]
8- Over 61 % of freelancers focus on at the very least 2-3 expertise
Simply lower than 5 % of freelancers depend on a single ability to get work. However, greater than 65 % of freelancers have at the very least two to 3 expertise to always get new and fascinating initiatives.[6]
9- 51 % of freelancers don’t need to return to a conventional 9 to five job, it doesn’t matter what
After experiencing the liberty and suppleness of freelancing, greater than half of the freelancers by no means need to return to the standard 9 to five jobs no matter the form of cash they’re supplied.[1]
10- 63 % of freelancers work with a number of purchasers concurrently
Freelancers are all the time range about job safety which is why they like to work with a number of purchasers on the similar time as an alternative of sticking to only one. In actual fact, a median freelancer has over 4.5 purchasers each month. [1]
Furthermore, 70 % of freelancers work on 2-4 initiatives all on the similar time. Solely 13 % of freelancers work on one challenge at a time.[6]
11- 93 % of freelancers say ability coaching is important
Always updating your expertise on this largely dynamic skilled world has change into essential particularly for freelancers. Over 93 % of freelancers with a university diploma agree that ability coaching across the yr is required to remain related, get higher initiatives, and the next pay.[8]
12- Schedule flexibility is the highest motive why most individuals go into freelancing
The flexibleness that freelancing presents relating to setting your individual schedule and selecting your individual initiatives is unparalleled. In actual fact 46 % of freelancers go full-time primarily due to this flexibility and freedom it presents.[1]
13- 86 % of freelancers choose to do business from home
Whereas freelancing offers you the liberty to work from anyplace you need, over 86 % of full time freelancers discover house as one of the best place to work. Over 84 % of freelancers state their work permits them to reside the form of life that they need with none restrictions.[8
The future of freelancing is bright
If these freelance statistics provide one thing, it is that the future of the freelance industry is incredibly bright. Freelancers are happy with the flexibility that they get, while clients love the boost in their cost savings and productivity. With the pandemic making remote work more ubiquitous, the frequency of freelance jobs is set to increase, making it the perfect time for you to get into freelancing if you are a new freelancer in India
Sources
(1) Upwork
(2) Payoneer.
(3) Fiverr
6) And.co
8) Forbes
