Freelancing and definition of freelancing
freelancer is a self-employed person who offers services to clients. These services often, though not necessarily, are offered to businesses through the proliferation of sharing economy platforms like TaskRabbit, Mechanical Turk, or Upwork. However, individuals can offer their services directly to clients, without third-party resources that often take a cut of the pay . Freelancer can be a fast and affordable way to get started working as your own boss, often from the comfort of home. There are numerous advantages to freelance work . Nearly every type of service needed by a business can be provided by a freelancer. Some of the most common freelance opportunities include:Accounting/BookkeepingGraphic Design MarketingProject Management Social Media ManagerTeaching/Tutoring Virtual Assistant Web Design/Development Writing /Editing. While a freelancer is not officially employed by another company, they can be subcontracted by other businesses. It’s common for freelancers to work on several different jobs or projects at once, but some freelance contracts may restrict who else the freelancer can work for until they complete the project. “Whether it’s the flexible hours, the absence of a manager looking over your shoulder or the desire to build up your own business, workers don’t feel the need to be tied to their offices anymore.” logoKamala Harris, Cori Bush and others who made history in the 2020 election. How this 30-year-old making $95K a year bought a $252K home during the pandemicBest Credit Cards for Black Friday and Cyber Monday Shopping of 2020EARNThe 10 countries with the fastest-growing earnings for freelancers . EDTKaren GilchristTechnology has made it easier than ever for individuals to boost their earnings with profitable side-gigs. And while U.S. workers of all ages are reaping the greatest rewards, young freelancers across Asia are quickly getting in on the act.That’s according to a new report from digital payments platform Payoneer, which has highlighted the world’s fastest-growing freelance markets and how they’re reshaping the nature of work.America’s gig economy saw the greatest growth in 2019, with freelancer earnings up 78% year-on-year, according to the Global Gig-Economy Index released Tuesday. The study draws on data from more than 300,000 freelance workers within Payoneer’s network.The world’s largest economy was followed by the U.K. and Brazil, which each saw a jump in gig worker earnings over the past year, up 59% and 48%, respectively. However, it was Asia that recorded the greatest regional growth, with earnings up 138% across four countries.That charge was led by Pakistan, which saw a 47% increase in freelancer revenues in the past year. It was joined in the top 10 by Philippines, India and Bangladesh.Here’s the top 10 list of freelance markets in 2019 based on year-on-year revenue growth.Top 10 countries for freelancers1.
United States - 78%2.
United Kingdom - 59%3.
Brazil - 48%4.
Pakistan - 47%5.
Ukraine - 36%6.
Philippines - 35%7.
India - 29%8.
Bangladesh - 27%9.
Russia - 20%10.
Serbia - 19% .
A shifting workforceThe boost in revenues over the past year is due in part to improved perceptions over the viability of such freelance work, according to Iain McNicoll, vice president and regional head for the Americas at Payoneer.“We’re seeing more and more professionals leaving their jobs to join the gig economy,” said McNicoll.“Whether it’s the flexible hours, the absence of a manager looking over your shoulder or the desire to build up your own business, workers don’t feel the need to be tied to their offices anymore.”Global freelancer breakdown by age, according to Payoneer.Global freelancer breakdown by age, according to Payoneer.PayoneerInterestingly, however, while the gig economy attracts professionals of all ages in the U.S., in other markets, it tends to skew toward younger generations, who may be more technically minded or used to less formal work structures. In Pakistan, for example, freelancers younger than 35 generated 77% of revenues, due in large part to improved tech education over recent years.Overall, workers aged 35 to 44 stand to gain the most from freelance work, according to Payoneer. That group contributed 32% of global freelance earnings in the past year, despite representing only 23% of freelancers worldwide.Workers aged 18 to 35, meanwhile, made up the largest cohort at 64%, yet their earnings were relatively lower.
according to a new report from digital payments platform Payoneer, which has highlighted the world’s fastest-growing freelance markets and how they’re reshaping the nature of work. America’s gig economy saw the greatest growth in 2019, with freelancer earnings up 78% year-on-year, according to the Global Gig-Economy Index released Tuesday. The study draws on data from more than 300,000 freelance workers within Payoneer’s network.The world’s largest economy was followed by the U.K. and Brazil, which each saw a jump in gig worker earnings over the past year, up 59% and 48%, respectively. However, it was Asia that recorded the greatest regional growth, with earnings up 138% across four countries.That charge was led by Pakistan, which saw a 47% increase in freelancer revenues in the past year. It was joined in the top 10 by Philippines, India and Bangladesh.Here’s the top 10 list of freelance markets in 2019 based on year-on-year revenue growth.
Top freelance Countries.
Here’s the top 10 list of freelance markets in 2019 based on year-on-year revenue growth.
Top 10 countries for freelancers
- United States - 78%
- United Kingdom - 59%
- Brazil - 48%
- Pakistan - 47%
- Ukraine - 36%
- Philippines - 35%
- India - 29%
- Bangladesh - 27%
- Russia - 20%
- Serbia - 19%
Freelance websites
Upwork knows as best freelance market.
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