{"id":2914,"date":"2016-08-24T14:13:46","date_gmt":"2016-08-24T21:13:46","guid":{"rendered":"http:\/\/blog.knowledgecity.com\/?p=2914"},"modified":"2023-09-22T16:16:43","modified_gmt":"2023-09-22T23:16:43","slug":"capitalize-dominant-freelance-workforce","status":"publish","type":"post","link":"https:\/\/www.knowledgecity.com\/blog\/capitalize-dominant-freelance-workforce\/","title":{"rendered":"How to Capitalize on the Dominant Freelance Workforce"},"content":{"rendered":"

57 million Americans<\/a> are members of the freelance workforce. What\u2019s more is that the majority of these workers began freelancing by choice, not out of necessity. What\u2019s more is that the majority of these workers began freelancing by choice, <\/strong>not out of necessity.\u00a0 Understanding why the freelance workforce is dominating the market is important if you plan to stay on top of your own business.<\/p>\n

Understanding the Freelance Workforce<\/h1>\n

 <\/p>\n

Abundance of Job Opportunities<\/strong><\/h3>\n

The freelance economy is highly influenced by the internet. Before 1995, the idea of a freelancer was virtually unknown. Just as the internet brings people together in the social experience, it also brings them together in the job market. Dozens of sites, apps, and devices are available to today\u2019s freelancer. \u00a0With the rise of giants like Uber, Airbnb, and Upwork, there are more opportunities than ever to make money without <\/em><\/strong>an employer.<\/p>\n

Creating Real Value<\/strong><\/h3>\n

Freelance workers also want their work to be valuable. <\/em>\u00a0Where older generations found inspiration in the possibility of promotion, today\u2019s workers are equally passionate about how their work contributes positively to the world around them. By freelancing, workers are given the opportunity to choose<\/em> the work they do; often selecting projects on the basis of both pay and <\/em>value.<\/p>\n

 <\/p>\n

A Balanced Home and Work Life<\/strong><\/h3>\n

Compared to previous generations, present workers also seek more balance in their home and work life.\u00a0 Spending four hours commuting to and from work is not appealing to many people. Taking eight-hour blocks out of each day to work for the sake of job security has become equally stigmatized with a growing number of workers in this generation. Workers now place a greater emphasis on living a happy, healthy life in all areas. If a freelancer is feeling overwhelmed, they can easily reduce their workload by not taking on new projects.\u00a0 Having a work-life balance is now the priority and a huge factor for those in the freelance workforce.<\/p>\n

How Can Your Company Benefit?<\/strong><\/h2>\n

Millions of people with specialized knowledge in their field make up the freelance workforce; all for hire on a by-project basis at very competitive rates. Knowing that, it is easy to see the best way to benefit from this market- hire a freelancer.<\/p>\n

Specialized Service<\/strong><\/h3>\n

Freelancers can provide your company with a highly specialized service. For example, if your company needs varying projects done by a coder experienced in Java, but your employees only know CSS, you can benefit by hiring a freelancer who specializes in Java without the costs of replacing or hiring new employees.<\/em><\/strong> By simply outsourcing your coding projects to a freelancer as they come up, your company can save money and reduce your permanent workforce.<\/p>\n

Flexibility<\/strong><\/h3>\n

That said, independent workers are not out to simply provide businesses a cheap solution to projects. As a matter of fact, 77 percent of freelance workers polled said they make the same if not more money <\/strong>than they did as an employee doing similar tasks. Yet at the same time, freelance workers save businesses money. How can this be?\u00a0 Since businesses do not have to pay for a freelance worker\u2019s benefits, taxes, or the cost of a physical office space, they can afford to pay these freelancers higher project rates. <\/strong>\u00a0The company saves money on its project, and the freelancer actually gets paid what they are worth.<\/p>\n

Accomplish Goals<\/strong><\/h2>\n

Freelancers succeed because they are hard-working, experienced and organized.\u00a0 Freelancers are paid to accomplish goals.\u00a0 As opposed to employees who come into work every day and punch a clock; Freelancers do not have the luxury of set schedules, paydays, and the regular benefits.\u00a0 So, they focus on results because that is what they are hired for\u2014to accomplish a goal and once the goal is complete they get paid.\u00a0 You get faster on-boarding and faster results.<\/p>\n

Keep these factors in mind when considering your next project; hiring a freelancer may be your best option. Take your business to new heights with\u00a0KnowledgeCity<\/a>. We have over 10,000 video tutorials in Business, Computer Software and Safety Compliance. Stay a step ahead of the competition by completing our Finding Work-Life Balance<\/a>\u00a0and The Procedures of Successful Managers<\/a> courses. Try it\u00a0free<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

57 million Americans are members of the freelance workforce. What\u2019s more is that the majority of these workers began freelancing by choice, not out of necessity….<\/p>\n","protected":false},"author":5,"featured_media":2927,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[4001,119],"tags":[147,169,108,170],"acf":[],"yoast_head":"\nHow to Capitalize on the Dominant Freelance Workforce - KnowledgeCity<\/title>\n<meta name=\"description\" content=\"57 million Americans are members of the freelance workforce. 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