The gig economy has transformed how we do our business and work in general. Freelancing and having access to hiring freelancers have changed our working style and workplace massively. Now, people prefer remote working where they can schedule and reschedule their work and priorities according to their feasibility.
With more people working from home as contractors or freelancers, it is not that burdensome to imagine why people gravitate towards this. Freelancing provides a sense of freedom regarding working hours, the number of projects, and every possible life choice to people.
Freelancers are not the only ones who benefit from freedom and autonomy when it comes to working. They also benefit from whom they are working for, and there are many growths potential opportunities for businesses.
Who are freelancers, and what is the difference between freelancers and regular employees?
This might come to your mind: who are freelancers, and what is the difference between freelancers and regular employees?
A freelancer is a self-employed person who works on a contract basis with his clients. The freelancer often works for multiple clients at a time.
A freelancer is different from regular full-time employees in many ways.
- Both work on a contract basis, but a freelancer’s contract ends after the completion of a designated project, unlike a full-time worker
- A company is responsible for health benefits, insurance, retirement benefits, and many more for a regular employee, but a company holds no such responsibility for freelancers
- A regular employee works in companies’ office in stipulated working hours, unlike a freelancer, who has no designated working hours
- A regular employee cannot work with multiple brands at the same time, but a freelancer can do so
Benefits of hiring freelancer
Why should we hire freelancers?
Talking about freelancers, there are several reasons businesses should hire them, some mentioned below.
Flexibility:
- You as a business, while hiring a freelancer, will get flexibility with everything. Like when you want to hire, whom you want to hire, for what project you want to hire. For what duration you want to hire, how much you will pay, etc. You will get numerous alternatives to choose from to suit your requirements
Payroll and compensation:
- Freelancers work on a contract basis, and after completion of your contract, you are no longer required to pay them. Contrary to full-time employees of your company whom you have to pay for the whole year.
- In addition to that, you have to pay for their insurance, health care, retirement benefits, etc. As we all know, having an office space and maintaining it is an expensive process. Freelancers have their comfortable workspace. Hence you can cut down on your expense of office space by hiring freelancers.
Independence:
- Freelancers like to work independently and might have worked on various gigs, so supervising them is no headache. Unlike new regular employees, you do not need to train freelancers for their work.
- Instead, freelancers are skilled in their niche because they represent themselves, and their income depends on this. You can cut down employee training costs by hiring freelancers
Global hiring:
- When you hire an intra-regional employee, you can only choose from a limited available option, which must either be from your state, town, or region or be willing to relocate to your work location. At the same time, some don’t apply with a freelancer.
- They must not be physically present with you to do your work or not relocate their workplace to your company. This offers businesses a global range of talent-oriented searches for their specific tasks.
- Things have never been easier at this level for any business. Looking at the current situation, one can easily predict the future that freelancers will be highly demanded in every country and almost every company. The freelancers will be the top face of the market any time soon.
High Quality of Work:
- Freelancers know that a contract is always subject to renewable. That’s why they heart on presenting their best work every time. The better their profile and portfolio will look, the better opportunities and better payments they will get.
- They get multiple client exposure. That’s why they have more experience than any average regular employee of that same niche. The work quality of the company’s regular staff members might have ups and downs now. Then, a freelancer thrives on presenting their best work.
Versatile and Innovative :
- Hiring a freelancer gives you a wide variety of people with different thinking aspects who work in their comfort zone to provide a more productive business.
- Any organization has various domains: web development, technical development, programming, content development, graphic designing, finance and sales analysis, hr recruiter, account handling, etc.
- Freelancers generally tend to be more innovative as they grab more significant projects and work for reputed organizations. They keep themselves updated with the ongoing trends, technology, and concepts. Being rigid and unadaptable to new things might result in poor performance. So being innovative is their only choice
From the previously mentioned reasons why businesses should hire freelancers, we can conclude that freelancing offers many economic and creative benefits. You get cheap labor, premium quality work, sudden demand fulfillment, and many more advantages.
Published By: Khushboo Mehta
Edited By: Mahi Gupta
