15/03/2022
Outsourcing is the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff. Outsourcing is a practice usually undertaken by companies as a cost-cutting measure. As such, it can affect a wide range of jobs, ranging from customer support to manufacturing to the back office.
The phrase ‘I am a freelancer’ gets thrown about a lot nowadays when someone is asked about what he does for a living. It could be a friend, colleague, or even your family member who left his regular 9 to 5 job to become a freelancer.
Many reasons contribute to this sudden shift in the mentality of people’s perception about jobs per se causing them to shift to freelancing.
But why do they do that?
Can freelancers sustain for long without a job?
What exactly do these “freelancers” do?
What Is Freelancing?
Freelancing is a contract-based profession where instead of being recruited in an organisation, the person uses his skills and experience to provide services to a number of clients.
In simple terms, freelancing is when you use your skills, education, and experience to work with multiple clients and take on various assignments without committing to a single employer. The number of assignments or tasks that you can take just boils down to your ability to deliver on them as asked from them.
Freelancing usually involves jobs (called gigs) that allow you to work-from-home situations. But don’t associate freelancing as the same as having a work-from-home job.
Freelancing doesn’t always mean that you’ll work from home. You might have to work at your client’s office too depending upon the type of work and the client’s requirements.
A work from home job involves a contract between you and a single employer who gives you a salary while freelancing doesn’t.
It is just that many of the jobs that freelancers perform can be delivered over the Internet without their presence at the company or clients place.
Who Is A Freelancer?
A freelancer or freelance worker is a self-employed person who earns money by providing services to multiple clients. These services relate to the person’s skills and are not necessarily provided to just businesses.
Freelancing As A Career
The rise of freelancers has resulted in the development of a new concept – the gig economy. In the gig economy, a person, instead of working for a single employer full-time and getting a fixed salary in return, works for multiple clients at his own terms and at a price he thinks his work deserves.
