Big and small businesses today are shifting from employing full-time workers to hiring freelancers to get their work done. Many companies who are not willing to hire a 9-5 worker often hire freelancers who are flexible in terms of time and work. They are more fluid and are certain to finish up tasks quickly. It will not be an exaggeration if I say that in near future freelancers will be replacing 50% of in office workforce.
What is freelancing?
Freelancer is someone who is self employed. The freelancer gets paid for his or her work by the client but is not bound to be working for one single client. Freelancer is independent in terms of working hours and need not work like other employed members who devote 9-5 hours in offices. Freelancing can be done in any field be it in writing, art, designing, etc.
Why companies hire freelancers?
Here are top five reasons that will quench your inquisitive mind:
- Affordability
Many startups prefer to hire freelancers. Reason? Oh, buddy, freelancers are much affordable than full-time workers. You don’t need to pay for their health and other benefits. Since they work from home, their overhead costs cut down which is lesser than the full-time employees. Let us understand this with an example. Suppose you run a fashion house. You have three employees working under you and their salary is Rs.50,000 per month each. That includes medical insurance and other benefits. Now you need three more employees but do not want to be responsible of their workspace, health insurance, pension, etc. So what do you do? You hire freelancers. This seems very affordable right?
- Liberal and independent
If you hire freelancers that means you are getting your work done from external sources that are liberal and independent. Freelancers are better than full-time workers in terms of freedom. If you hire a fresher you need to train him or her as this consumes time and money. While freelancers are habitual of working all by themselves and will work for you on the basis of your needs and requirements as well as your projects.
- Can hire experts in a particular field
The best advantage of hiring a freelancer is that you can hire experts in specialized fields. It is easier to hire freelancers who are experts in a specific field than getting the existing employee getting trained in a specific field. It saves time as well as money. Moreover, the expert would yield better results due to his or her skills and experience in that particular field. For instance, you are a content writing firm but are in need of web content writers. None of the content writers in the office are specialized in the tech field. Now instead of assigning the task of web content to in house writers you can easily a lot this to a web content freelancer who is an expert in tech content. This will reduce your time as you won’t be training the in-house writer and this would save a lot of time.
- Quick completion
Since freelancers work on a particular project, they ensure quick delivery of tasks, unlike full-time employees who are engaged in multiple projects or operations. Thus, if you hire freelancers, you are sure to get your work done on time. For instance, your company works for photography and have to work on a project other than regular operations. Now instead of assigning this task to existing professionals in your office you assign this to a freelancer who will solely be working on it and thus will complete the task in less time. The same goes with a print media company, that assigns its task of blog writing to freelancers to get the work done on time an done within the deadlines.
- Availability in future
You can always rely on freelancers for work in the future. A healthy association with a freelancer helps to get regular quality work. They take their quality of work and deadlines very seriously. This is because they are always on the lookout for new work wherein they put in their best. Moreover, once you are connected with them, you can easily get your tasks done in near future.
Freelancing is getting popular largely amidst start ups and well established businesses. In near future, full time employees will soon be replaced by freelancers who are more flexible, fluid and are already trained in particular field.