Freelancing – Is It A Stable Career Option?

It is true that many people believe that freelancing is a risky job. You get work today and tomorrow you might have no work. One month you might be earning like a millionaire and then the coming three months the payments might just go down. All these factors have made people have second thoughts regarding this profession. Well, it’s true that such things happen, but it is also true that such things happened in the past. As per an online report published by Forbes magazine, people are turning towards freelancing and by the year 2020, the number of on-site employees will sink to the bottom with more independent contractors coming up.

Freelancing is in vogue:

Do you know that one out of three Americans work as freelancers? Well, this is true and soon this trend is going to reach other parts of the globe. Even a place like India is not far behind. People from all over the world are opting for outsourcing. It has plenty of benefits, no doubt about that, but moreover, it pays well. In the year 2005, there were only 10.3 million independent contractors in the U.S.A and by the year 2014, the number rose to 42 million. Right now, as per Forbes report, 35% of the workforce in the United States of America work as independent contractors. So yes, freelancing is in vogue!

Freelancing is here to stay:

This is true, contrary to what many believe. Employers prefer to hire freelance professionals rather than hiring on-site employees. The reasons are quite simple. With a number of freelance portals coming up, talented professionals prefer to register themselves to earn money online without venturing out of their home. Employers also, seek for hiring fresh candidates with finer talent adding a new dimension. The world has become ‘a global village’. It is easy for an employer based in the UK to hire an Indonesian contractor. The opportunity to work for global clients as well as use global manpower is surely a positive aspect that makes ‘extended workforce’ a favoured option.

Top MNCs are leaning towards extended workforce:

The global mobility offered by the freelancing is a win-win situation for both the employers and freelancers. Ask the HR department of the MNCs (Multinational Corporations) and they cannot deny that they have never hired an independent professional. Most top MNCs have started venturing into the outsourcing world, as they find independent contractors far more productive and also affordable. Many freelancers who get freelance jobs online flaunt their expertise and get lucrative projects from both big and small businesses.

Too many freelance portals:

Freelancing has become a popular career choice, thanks to the freelance portals coming up and inviting professionals and employers to join. Well, isn’t this a sign that this professional is stable, secure and here to stay. Well, it is a sure shot signal that things are changing and definitely for the better for people in favour of freelancing to earn money online. However, here you need to make sure that the freelance portal offers escrow services. This escrow ensures that the payments are safe, secure and minimizes fraudulence, in terms of monetary matters.
So, don’t delay. Get freelance jobs online and give it a shot. Who knows, one day you will start earning more than what you have dreamt of! If you are really good, then your talent can take you to places.