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Freelancing was already gaining momentum steadily within the final decade, however the sudden pandemic that pressured folks to earn a living from home has additional pushed extra folks and organizations to check out freelancing at the least in some type. 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 staff 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 as a result of COVID-19[2]
- 68 % of completely employed distant employees are actually all in favour of taking up some freelance work due to the pandemic [3]
Even with out the pandemic, freelancing was already fairly common with increasingly more folks leaning in direction of it. All of the pandemic did was make folks realise that freelancing is a worthwhile and viable type of working. Whereas it doesn’t provide the safety of a everlasting job, it may give you extra flexibility and freedom to create your personal schedule, select tasks that you simply 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 in the course of the pandemic, though I needed to severely minimize down my working hours because of the rising obligations at house and the necessity to deal with my psychological well being throughout this tough section. I’ve additionally seen increasingly more corporations speak in confidence to the thought of hiring freelancers remotely and understand that hiring freelancers is a greater deal for them than discovering and onboarding distant staff.
Nonetheless not satisfied about freelancing? Check out these freelance statistics
1- Content material technique is seventh most in-demand talent for freelancers
Whereas over 60 % of the highest in-demand expertise for freelancers are growth 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 12 months
If you’re a brand new freelance author and you’ve got been feeling slightly discouraged with the small payouts and uncommon tasks, right here is one thing to maintain you motivated — First years are onerous for everybody and freelance statistics show the identical.
Of their first 12 months, a freelance content material author could make as little as $10 per hour. Nonetheless,10 % of latest 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 difficult to reply how a lot freelance writers could make in a month or 12 months, on common freelance content material writers could make $22-$80 per hour. [1]
What’s much more stunning is the truth that freelance writers could make wherever between $5 to $1000 per article. Loads will depend on the area of interest you’re writing for, the quantity of analysis you’re dealing with, and the sort of expertise that you’ve. Right here’s a information to set your personal 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 properly over $3000 monthly write for 3 predominant niches: finance, B2B advertising and marketing,and SaaS — proving that these niches have huge potential and restricted skilled writers.[9]
5- 26 % of writers that battle to get constant tasks are nicheless
One of many predominant the explanation why freelance writers battle to satisfy their month-to-month income purpose is that they keep nicheless. With out an experience in any area of interest, it may be tough to justify your costs and improve them constantly, thus plateauing your income after a time period. [9]
6- 61 % of freelance writers get tasks by referrals and chilly emailing
In response to this freelance statistics, over 61 % of freelance content material writers that make properly over $3,000 monthly get new purchasers and tasks by referrals from others or straight chilly emailing their potential purchasers. [9] Getting new tasks isn’t as overwhelming because it sounds — right here’s a information
7- Work completed by freelancers is predicted to double within the subsequent 10 years
The quantity of labor dealt with by freelancers, non permanent staff and companies 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 least 2-3 expertise
Simply lower than 5 % of freelancers depend on a single talent to get work. Then again, greater than 65 % of freelancers have at the least two to 3 expertise to always get new and attention-grabbing tasks.[6]
9- 51 % of freelancers don’t wish 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 wish to return to the same old 9 to five jobs no matter the sort of cash they’re provided.[1]
10- 63 % of freelancers work with a number of purchasers concurrently
Freelancers are all the time fluctuate about job safety which is why they like to work with a number of purchasers on the identical time as a substitute of sticking to only one. In truth, a median freelancer has over 4.5 purchasers each month. [1]
Furthermore, 70 % of freelancers work on 2-4 tasks all on the identical time. Solely 13 % of freelancers work on one venture at a time.[6]
11- 93 % of freelancers say talent coaching is crucial
Always updating your expertise on this largely dynamic skilled world has turn into essential particularly for freelancers. Over 93 % of freelancers with a school diploma agree that talent coaching across the 12 months is required to remain related, get higher tasks, and the next pay.[8]
12- Schedule flexibility is the highest motive why most individuals go into freelancing
The flexibleness that freelancing gives on the subject of setting your personal schedule and selecting your personal tasks is unparalleled. In truth 46 % of freelancers go full-time primarily due to this flexibility and freedom it gives.[1]
13- 86 % of freelancers desire to earn a living from home
Whereas freelancing provides you the liberty to work from wherever you need, over 86 % of full time freelancers discover house as the perfect place to work. Over 84 % of freelancers state their work permits them to reside the sort 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
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