Search Results for: freelancers

Half of freelancers planning to stop contracting in the UK after IR35 reforms

Half of freelancers planning to stop contracting in the UK after IR35 reforms

freelancers

Half (50 percent) of freelancers are planning to stop contracting in the UK after the changes to IR35 come into effect in April – unless they can get contracts unaffected by the changes – according to new research by IPSE (the Association of Independent Professionals and the Self-Employed). Instead, they are planning to seek contracts abroad (24 percent), stop working altogether (12 percent), seek an employed role (17 percent) or retire within the next year (11 percent). More →

Freelancers stimulate entrepreneurship levels, claims research

Freelancers stimulate entrepreneurship levels, claims research

entrepreneurshipFreelancers actively promote entrepreneurship, claims research from Trinity Business School, suggesting that a 10 percent increase in freelancers within the workforce leads to a 1 percent increase in entrepreneurial activity in the economy. More →

Promotion: Where can you find talented freelancers that share your passion?

Promotion: Where can you find talented freelancers that share your passion?

The number of people freelancing around the world is expected to increase significantly from the current estimated 150 million to over 520 million in the next five years. The freelance industry is expected to contribute about US$2.7 trillion by 2025 as more and more businesses and entrepreneurs increasingly rely on online outsourcing to get their work done efficiently. More →

Third of freelancers plan to stop contracting in UK due to IR35

Third of freelancers plan to stop contracting in UK due to IR35

IR35Nearly a third of freelancers are planning to stop contracting in the UK because the changes to IR35 due in the private sector in April, research has claimed. One in seven freelancers (13 percent) plan to find contracts abroad, 11 percent plan to stop working or retire early and 8 percent plan to move into employment, according to IPSE (the Association of Independent Professionals and the Self-Employed). Half of the freelancers surveyed also said they will only continue freelancing if they can find contracts to which the new off-payroll working rules do not apply. More →

Freelancers` motivations explored in new report

Freelancers` motivations explored in new report

FreelancersFreelancers value the freedom and flexibility of being their own boss but their happiness is most closely correlated with how much money they earn, a survey of 7,000 freelancers has claimed. According to the report from Payoneer (registration required), the worldwide average hourly rate charged by freelancers is $21, up from $19 two years ago. This is significantly higher than the average salary in many of the 150 countries surveyed. Those who work exclusively in freelancing earn a higher rate and are more satisfied with their lifestyle than those who split their time working for a company. More →

The culling of freelancers with IR35 is a really, really bad idea

The culling of freelancers with IR35 is a really, really bad idea

IR35 and freelancersImagine a world with no freelancers, holiday cover workers, or people to help fill the hiring gaps on projects. With IR35 extending into the private sector, this could be a reality; and we should be worried that a skilled and flexible workforce of freelancers could soon be extinct. Instead of dealing with the headache of the new regulations, 20 percent of UK businesses said they plan to axe contract workers. Freelancers themselves might be worried about how the new iteration of IR35, due to come into force in April next year, will affect their ability to work, and hastily take on permanent positions. More →

Freelancers say work makes them lonely, anxious and depressed 

Freelancers say work makes them lonely, anxious and depressed 

freelancers often feel lonelyAround two thirds (64 percent) of freelancers say they regularly feel lonely due to their work, with a further 59 percent saying they suffer from work-related anxiety, according the new research from office stationery and furniture suppliers, Viking. The survey also suggests that 60 percent say their quality of sleep is negatively affected by work, whilst over half (54 percent) read work emails on holiday. More →

Diverse workplace is key to attracting freelancers

Diverse workplace is key to attracting freelancers

Diverse workplace reportThe demand for talent is at an all-time high, and companies need to focus on building out robust and effective diversity and inclusion strategies that attract both permanent and contingent talent, according to new data released by Randstad Sourceright. According to results from the firm’s 2019 Talent Trends survey (registration), 72 percent of permanent talent and 71 percent of contingent talent find it important to work with a company that emphasises creating an inclusive and diverse workplace. More →

Freelancers and the self-employed need holidays too

Freelancers and the self-employed need holidays too

Taking time off improves the work performance of freelancers, a new study from IPSE (the Association of Independent Professionals and the Self-Employed) claims. The research suggests that almost two-thirds of freelancers believe taking holiday improves their work performance in some way. Asked what advantages came with taking more time off, 63 percent said it improved aspects of their work including productivity, energy, creativity and confidence in their work. More →

Freelancers project economy now larger than creative sector

Freelancers report coverFreelancers working on projects now contribute more to the economy than the creative industries, new research from the CRSE (Centre for Research on Self-Employment) claims. The ‘project economy’, made up of freelancers brought in for individual projects such as new products, innovation and infrastructure, contributes approximately £104bn to the UK economy every year, according to the CRSE’s Freelance Project and Gig Economies report. That is more than the £100bn of the creative industries and close to the £110bn contributed by the construction sector. The ‘project economy’ accounts for 73 per cent of the UK’s skilled freelancers – nearly five times the 15 per cent working in the so-called gig economy. More →

Millions more people say they would like to work as freelancers

Millions more people say they would like to work as freelancers

gig workerThe so-called gig economy is likely to increase dramatically over the next few years, new research suggests. Along with over 8 million people who currently work on a freelance basis, over 5 million more say they would like to go freelance. The data collated by Direct Line for Business claims that 5.3 million people (10 per cent) dream of becoming their own boss in the future, by embracing a career as a freelancer. This is in addition to the 8.6 million (16 per cent) who currently freelance and are either full time self-employed or carry out contract work alongside their main jobs.

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Government policy is making life increasingly difficult for freelancers

Government policy is making life increasingly difficult for freelancers

Freelancers expect government policy to drive their businesses and the economy into decline over the next year, a report from IPSE (the Association of Independent Professionals and the Self-Employed) claims. This quarter, amid widespread speculation about Budget announcements that would harm the self-employed, freelancers’ confidence in their annual business performance dropped nine points, sliding into negative territory. Their confidence in the wider economy – which was already in deep negative territory – fell another two points to near-record lows.

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