How to grab Free Lancing Projects

 How to grab Free Lancing Projects

India is the second largest country with freelancers after the US with over 15 million people working independently in various sectors like IT and Programming , finance, sales and marketing, designing, animation, videography, content and Academic writing. In the changing global work environment, freelancers are consistently gaining prominence and the perception that they are an inferior crop of professionals is gradually changing as even people with top educational and professional backgrounds are quitting full-time employment to provide their skills and services as independent consultants. Companies right from start-ups to top-drawer corporate are now reaching out to freelancers in order to seek their expertise to various projects and initiatives. The freelance sector in India is witnessing a rapid increase and there are studies to prove this. India is second only to the US when it comes to the number of freelance professionals. While the US has over 50 million independent professionals, including freelancers and those working on contract basis, India has about 15 million freelancers.Freelancers in India have been boosting the growth of start-ups in a big way. As a young company, start-ups are usually not in a position to hire highly skilled workforce on a permanent basis, which is why they are looking at the massive talent pool available in the freelance sector. Such a strategy while being cost-effective also fulfills the need for specific skills-set not available internally. While fostering the start-up economy in the country, freelancers today are also increasingly providing their expertise to top-drawer corporates as business environments and needs evolve. When debating about which type of employment is better— full-time or freelancing, strong arguments can be made on both sides. However, even in the most advanced countries, freelancing is still an underdeveloped sector and full-time employment is the most preferred choice. The reason for this is stability and fewer risks. Freelancers also do not enjoy welfare benefits such as medical insurance and retirement schemes from any of their employers whether working for them on a short-term or long-term contract. Also since freelancers are responsible for filing their own taxes, it is possible that they may owe substantial amounts of income taxes at the end of the year in case they weren’t paying their taxes in time. As freelancing is a one-man company, freelancers often have to perform all aspects of a business on their own. Therefore, the support system is weaker than that available to a full-time employee.

 

 


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