The recession and credit crunch have turned the media world upside down, with many magazines and newspapers slashing their efforts to try to save some money and increase revenue. I know this because I am one of those journalists facing recession rage.
Because of this, a large percentage of journalists around the world choose to work freelance, but why? In short, freelancers can choose the type of articles they write, they can choose when they write, what they write, and the benefits they get can be as rewarding as working for a major publication.
The problem with freelancers comes when you consider that the market has recently been flooded with all the individuals wanting to publish their articles. So if you want to publish or print something, you really have to be at the top. On the plus side, the winners are readers, as only the best content gets through and gets published.
The writing industry can be very rewarding, but at the same time very brutal. One day you can write articles and enjoy your job, then you can search the newspaper for your next job. I think that’s part of why the reward is so great, because of the pitfalls lurking around the corner.
Of course, it’s not just in the media space that there are many freelancers right now. If you’re a student, there are a number of ways to supplement your student income with hefty freelance work. These student freelancers can work in a variety of jobs, from designing websites to working on sales and marketing for advertising campaigns.
It’s good for both parties, because it provides cheap labor for companies that recruit students, and freelancers can make decent money without working in a fast food restaurant. This is really a huge bonus for all students in these financially difficult and difficult times.
One issue that institutions face can be the lack of coverage they receive, and not many students will consider checking out job boards when it comes to finding a temporary job.
What Type of Person Is Suited to Freelance Work?
Many people are having a hard time in this economic time. From the world’s largest cities to the smallest cities, millions of people need extra income to make ends meet or land new jobs after unexpected layoffs. The 2009 global recession was nothing new. We see this repeatedly. For many, the internet is the place to go. Freelance work is at an all-time high, and with a simple look it’s easy to see why.
Simply put, a “freelancer” is someone who seeks employment through their respective professions without a long-term commitment from an employer. Freelancers have historically proven to be recession-proof, leading to an explosion of freelancers in tough times. There are no set requirements for freelancing; Basically, if you can complete a task, you have everything you need to become a freelancer. All types of demographics appreciate the freelance market.
One of the more popular “types” of freelancers are stay-at-home parents. Whether it’s a busy mom who doesn’t have time to work, or a dad who’s unemployed due to injury, or a myriad of other scenarios, freelancing is possible. Couples, parents, single parents, etc.; freelancing is still a popular option.
As a freelancer, there is no limit to the type of work you can do. Some of the most popular jobs that can be found on the internet are web design, writing, data entry, programming, logo design, engineering, virtual assistants, and the list goes on. Even jobs that require field work can be found through freelancers. Freelancing has many advantages. First, you have the freedom to be your own boss. This is not a get-rich-quick gimmick from a website that promises unlimited wealth.
Instead, you provide reliable service by doing what you know. You don’t answer anyone other than the one you pay and the payment terms are often very flexible because both parties understand the business of freelancers. Planning is also a highlight of this type of work. People who are short on time — whether they need a part-time or full-time income stream — often choose freelance as the way they want to work, not when they need it.
Work-related freedom brings in millions of new freelancers every year. However, freelancing also has some drawbacks. Anyone with a certain skill can look for a job there, but that does not guarantee a job. No one hands over jobs; in fact, the freelance market is harder to compete with as individuals look for additional income and flexible schedules. Another disadvantage of freelancing is the lack of benefits such as health insurance, retirement plans, risk payments, etc. Freelancing as a whole is arbitrary.
Whether you’re a writer, gardener, programmer, artist or a million other titles, freelancing is for you. It’s for anyone who likes more freedom, less busy timekeeping and demanding world bosses. Watch today’s video that tells you more about the legal implications of being a freelancer from an employment law perspective.