The Future of Work is Freelancing and It Is Here to Stay

The prominence of freelancing in 2021, its benefits, and why freelancing is here to stay.

The year 2020 brought with it many changes as the Coronavirus pandemic hit the world. Due to the imposed lockdowns worldwide, people lost jobs, and with that, freelancing opportunities have become a norm, and they are here to stay. With the many learned lessons from the pandemic, self-employment has stood out as we have seen a massive shift to a virtual workspace, and a revolution of remote working has been embraced.

Freelancing in 2021

XanPay - The Future of Work is Freelancing and It Is Here to Stay

Freelancing is one of the best career choices for people who like to work from home and on flexible schedules, and there are many of these opportunities available online. Many companies are moving onto this trend as they offer different tasks on a freelance platform to be completed by different people on contract. Here are some of the most freelance jobs to work in 2021: web development and designing, freelance writing and copywriting, sales and marketing, editing jobs, graphic designing, and article/blog writing, to name a few.

Although a gift born in tragedy, the future of employment is in freelance platforms, and it comes with advantages and disadvantages of self-employment. Let us look at the downside of freelancing; freelancers lose benefits salaried employees have, such as health insurance, scheduled time off, and the stability of a pay check. Benefits of freelance work include:

1. More freedom

An advantage to being a freelancer is that you have the freedom to choose how you work for yourself or another person. Essentially you run your own business and make personal decisions on what client to work for, how much to get paid and how much workload. Many freelancers are at liberty to pick clients and what sort of services to offer.

2. Flexible hours.

As a freelancer, you can regulate your hours to fit into work and personal life how you want them to. As long as you meet the deadlines, you are at liberty to work as you please.

3. Self-management

Freelancers are their bosses. They plan and choose their workload, schedule, dress codes, and other aspects of running their freelance platforms. In as much as there's the liberty to arrange one's work, the freelance should be treated seriously.

4. Location Flexibility

As a freelancer, you can work in any freelance job and from any geographical location of your choosing, and you can also work as you travel. As a lot of freelance jobs are done digitally, that means you can operate freely.

5. Variety of skill sets.

As you procure several jobs from different business entities, they come in different skill sets, and as you work at them, you get better, and your experience broadens as you learn new things. A traditional job where you work full time does not offer you a growth opportunity as you do what you always have for years.

Why is Freelancing Here to Stay

At the beginning of this post, we established that freelance is the future of employment in so many sectors, and here are why these platforms in freelance will flourish in 2021 and in years to come long after the pandemic is gone.

1. Attractive earning aspect

One great advantage in this industry is that freelancers can dictate how they are paid; their ability to decide on their rates births a promising career. Research conducted in 2020 by Freelancer Income Report indicated that 4 out of 5 freelancers are more satisfied in this field and are willing to work at it full time.

Many people quit their jobs or lost employment for some reason and moved into freelance; research shows that 75% of them have resolved to stick by this platform as they make more money per year than in their traditional job settings.

2. Fast adaptation to the workforce

At the peak of job transitions, this field is elementary to transition in as most freelancers work from home with the help of web software that works hand in hand to make work-life easier. This helps with clients overseas and also getting acquitted with different time zones. This field is encompassed by change; hence professionals in this field are advantaged when it comes to irregularities as they are used to them.

3. They are their brand

Professionals working on these platforms are their brand, and they do not require standing behind company names. Their reputation is what keeps them afloat in the market. Whatever the economic situation globally, it's up to you to bounce back and thrive as nothing can take your brand away. It is your responsibility to market yourself.

4. Boost skills and training

For those interested in honing new skills, this is a field you may want to consider as it comes with great opportunities to learn a new skill and develop the already existing ones. Many online learning platforms teach new skills, such as LinkedIn; it would be great to pick up new skills that pay money in the end.

5. There is a rise in demand

As long as you own a laptop and a decent internet connection, you can work at anything from anywhere. There are endless opportunities to work, and it doesn’t require you to be a tech genius to do it. Companies have moved to look for freelancers who can work in IT and customer service worldwide, and there's a surge in demand.

Through social media, many are now pursuing freelance jobs out of necessity. Additionally, the pandemic has hastened freelance growth at an unprecedented rate. This revolution has made a gradual shift in the years to come. With the increased online activities, the world has become generally small, and a person from any nationality can work for the international masses. Freelancing platforms have secured the future.

As the demand by companies to outsource contracts employment in the gig economy rise, it has provided a platform for the future of freelancing as the individual decides on what work to take, on what timeline, and how much they want to make per year. Self-interest is the connecting factor in how this business is run.

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