Freelancing is prospering well in the age of austerity

by Barrie Hopson on November 24, 2010 · 2 comments

in Flexible working,New ways of working

According to a poll commissioned by the Professional Contractors Group, almost three quarters of freelancers have made the deliberate decision to work outside the bounds of the traditional nine-to-five day, and that decision has made them happier than the average worker.  The group asked 1,600 people to score how happy they are generally on a scale from 1 to 5. Freelancers scored 3.79 for general happiness compared with those with ‘regular’ jobs who scored 3.6.

The findings suggest that freelancing isn’t a way of working that’s being forced on people, i.e those having to find some alternative form of work thanks to the state of the economy. Indeed, the poll found that 73% of the country’s 1.4m freelancers had chosen to do so as a long-term career option.

It works the other way too: 60% of the 600 businesses polled in a separate survey saying that running their companies without freelancers would be ‘difficult’. And that’s part of what makes freelancing such an attractive option right now – if people are sufficiently motivated to take the plunge. While it may seem counter-intuitive to jack in your job at a time of economic peril, a lot of companies are actually now in a better position to take on freelancers as it’s better for the budget than committing to long-term contracts.

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{ 2 comments… read them below or add one }

1 RobatBloomPsych November 24, 2010 at 11:08 am

RT @bhopson: [New Blog Post] Freelancing is prospering well in the age of austerity http://portfoliocareers.net/2010/11/24/f

2 ImagineMyFuture November 24, 2010 at 3:26 pm

RT @bhopson: RT @bhopson Freelancing is prospering well in the age of austerity http://portfoliocareers.net/2010/11/24/f

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