As the coronavirus (COVID-19) pandemic spreads around the world, an increasing number of businesses are calling for and enforcing a policy for their employees to work from home. In other words, the world is moving from an offline working environment to an online one in an effort to slow down the infection.
Despite the severe global health crisis, the freelance economy is continuing to perform well, and with more and more companies facing shortages of human resources, we will see a significant increase in the number of businesses seeking the help of a remote freelancing workforce. When many traditional workers are such a dilemma, pursuing freelance projects can be a good option to earn a bit of extra income. In the midst of the current terrible health and medical crisis, how can freelance jobs help your career and wellbeing?
In this article, let's take a look at several benefits freelancing can help workers.
Why should traditional employees take up a freelance career?
Now that many workers around the world are adjusting to an online work style, joining the freelance workforce can provide financial stability, flexibility in working hours, and even improvements in productivity. Freelancers have more freedom and control over their work environment, hours, and clients. Moreover, thanks to today’s digital world, workers of this gig economy can offer their services to individuals and businesses all over the world. Working from home is fast becoming an effective, if not more effective, way of making money than traditional office work.
While remote work is still something foreign and novel to most businesses, they slowly realize that the “workplace” is more than just an office filled with employees working inside. The workplace is simply a state of mind. Here are some of the benefits when transitioning from traditional offline work to online freelance jobs.
Increasing labor productivity
Even with the growing trend of co-working spaces around the world, the majority of freelancers prefer working from home. In fact, the statistics go up to 83%! As the Coronavirus is still present around the world, it is likely that the number will increase. At home, freelancers have full control over their work environment. Most remote workers know how to successfully tailor their home environment to their ideal working conditions. A recent experiment conducted by Stanford Business showed that the WFH (working from home) model has increased work efficiency by 13%, doubled profits, and raised job satisfaction. Opportunities to make more money Freelancing allows workers to control their income because they have the ability to reach a wider range of customers globally without being constrained by physical geography. Freelancers have a wider choice of work options and are fully capable of taking on multiple projects from certain areas in which they specialize and providing their services to clients around the world. In the context of the current complicated developments of the coronavirus epidemic, now is the right time to update and review your skillset and experience for the freelancing market so that businesses around the globe can look for freelancers who can fulfill their project needs. Therefore, joining the freelance field will give you the opportunity to develop, expand your horizons, accumulate more valuable experiences for your career, and help your resume appear more and more impressive in the eyes of customers. This will lead to increased earning potential over time. Having flexibility and control over your own work schedule Freelancing allows you to create your own optimal work schedule, whether you are the type of person who likes to work early in the morning or late at night. In addition, creating your own work schedule can also allow you to be adapt to your living conditions. In addition, being responsible for your own schedule will also help you when dealing with global clients in different time zones. A recent Payoneer study of more than 7,000 freelancers globally found that full-time freelancers earn more and are more satisfied than those who combine both freelance and traditional work. Higher levels of satisfaction lead to better work-life balance, which means you can spend more time doing the things you love. Reduced travel time Most freelancers never have to leave the house to go to the office. This is great for time management and improving personal health because you will avoid traffic jams that are common during peak hours in densely populated big cities – you're actually doing your part to save the environment! With the risk of Covid-19 always on everyone's mind, freelancing helps reduce your time using public transport as well as allowing you to work from home, just like the rest of the world, something that health authorities have been vigorously promoting in many countries. On average, Americans spend between $2,000 and $5,000 per year on commuting from home to work. Meanwhile, freelancers earn more money due to less unnecessary travel, and that is one factor that makes them more satisfied with the freelance career they have chosen. Being a freelancer means you won't have to deal with the daily stress of commuting long distances from home to work. In addition, traveling on the road at rush hour will have potential traffic jams, which can easily take away an entire morning or a dinner with family members. The Bottom Line The COVID-19 pandemic is forcing businesses of all sizes, more than ever, to rethink how people work, and work-from-home policies are becoming more common. It should come as no surprise that the current wave of remote workers is shifting from being forced to work remotely to a much more relaxed, exhilarating mood as they adapt to the situation and discover the benefits of freelancing. Obviously, there are certain types of work that just cannot be exclusively done online, such as healthcare, education, legal, counseling, etc. but the transition from offline to online work is generally an evolution of how we can look at career choices. For freelancers around the world, the current situation presents a golden opportunity to not only earn extra income, but create a sustainable way of life and expand their skills into many new markets.
Lenox Hill, Manhattan,
New York
House - 167, Road - 03,
Mohakhali DOHS,
Dhaka-1206, Bangladesh
Lenox Hill, Manhattan,
New York
House - 167, Road - 03,
Mohakhali DOHS,
Dhaka-1206, Bangladesh
©2018-2024 All Rights Reserved. TRODAD is a registered trademark of TRODAD International LTD. Apple and the Apple logo are trademarks of Apple Inc. Google Play and the Google Play logo are trademarks of Google Inc. Privacy | Terms | Security | Cookie Preferences