These project based jobs are also known as “gigs” and includes many types of work like sharing and food delivery. But those are not the only ones. Doing freelance work from home has become a mainstay of the “gig economy”.
Working as a freelancer during your spare time can significantly increase your income especially if you are working at an entry to mid level sort of job. According to data from Payoneer, the average freelancer earns $21 per hour. If they work two hours per day, five days a week, it would net them an extra $840 per month, or $10,000 per year. However, how much can a freelancer
make will depend on which type of work they perform.
How to become a freelancer?
There are no requirements to become a freelancer other than being skilled in at least one trade. However, there are some steps that must be taken before looking for work. First, potential remote workers must determine how much time they can dedicate to freelance work. Second, they must create a PayPal or Payoneer account. Most companies pay freelancers through these and other similar platforms.
Once these two tasks are completed, the third step is to choose which type of work will be performed. Most freelancer platforms ask workers to specialize in two or three areas before they are allowed to receive contracts. They must also pass certain tests to make sure they have the required knowledge.
As of 2019, Upwork remains the most popular freelancer platform available. However, they can also seek work in other, high-quality platforms such as Freelancer, PeoplePerHour or Demand Media.
What is the most common work freelancers do?
The most common freelance work is content creation or writing. In 2012, around two-thirds of all writers in the country were freelancers. On average, a freelance writer can expect to earn $5 for every 500 words they write, although it can go up when writing articles on technical topics. If they complete three articles per hour, their earnings would be $15 per hour.
What other options exist for freelancers?
Doing freelance writing is not the only option. Other trades are also in high demand. Both companies and individuals often hire freelancers to complete tasks that involve graphic design, marketing, social media, web programming, business advice, and translations.
How are freelancers paid?
People can choose to be paid per completed project or per hour worked. Some jobs will be more suited for one type of payment scheme than the other. For example, a graphic designer who is asked to create a logo may prefer to be paid a fixed sum of money once the product is complete. However, a web programmer doing website maintenance may prefer to be paid per hour.