Freelancing has become a popular way of working in the current tech-based world. The number of freelancers and digital nomads across the world is predicted to increase exponentially as more individuals and companies see the benefits of freelancing careers. If you are struggling to navigate this new world, here is a guide to freelancing for both companies and individuals.
Why has there been a sudden increase in freelancing?
The increased dependence of the working world on technology has allowed a larger amount of opportunities for freelancers and an easier platform on which to find desirable projects. With the development of video conferencing technology, instant messaging, and high speed mobile internet, freelancers now have all of the tools that they need to easily connect with companies who are looking for talent. Not only this, but the current coronavirus pandemic has led more employees to consider opting for a remote, freelance-based career and more companies to consider hiring freelance talent.
How can you find and advertise freelancing jobs?
One of the most straightforward ways that you can find and advertise freelance jobs is to use job search websites, such as Indeed and Reed. On these, potential candidates can apply for positions and openings that have been posted by employers. There are also many websites that have been specially developed for freelance work, such as Video Collective, which specialises in advertising film and TV jobs to potential freelance and project-based candidates. This allows both companies and individuals to access an easy communication platform and to have control over their applications.
One of the other most popular ways to find jobs is to start networking on social media websites, such as LinkedIn. On these, both HR professionals and freelancers can create accounts and use these to find and connect with projects and candidates that they believe might suit them and their expertise. Many freelancers also use these platforms in order to showcase their portfolio.
What are the benefits of freelancing for both companies and individuals?
For individuals, freelancing gives them the option of flexibility and an improved work/life balance. They also gain the ability to work from home and for themselves, rather than be under the management of an employer.
For companies, having a freelance talent strategy can be cheaper as it allows them to outsource skilled employees on a temporary basis. This enables them to employ talent when they need it, such as during their peak season or for short-term projects.
What are the legal implications?
Both freelancers and the companies that employ them need to know the legalities. When businesses choose to hire freelancers, they need to consider signing a contract that will allow both parties to be covered in the event that invoices are not paid or if either party fails to see the project through to completion. Signing a contract will also ensure that all the terms of the deal are agreed before work on the project starts, such as payment and what is expected. Freelancers will also need to consider getting liability insurance to make sure that they are covered if they are sued for their work, and both individuals and companies need to be aware of tax implications.
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