I recently convinced my hubby to try doing freelance work and he has just landed his 1st job on O-desk.
In our usual inseparable lovebirds style, we're working on it together.
Unfortunately it's a ghost writing job so I can't write more about it.
Both of us have signed up at various freelance websites, and have been applying for jobs frequently. Thus far, O-desk has proven to be one of the best websites for freelancers.
There are plenty of other websites for freelancers. All kinds of jobs are available online these days, as more and more small business owners turn to freelancers to save employment costs.
How do freelancers cut cost, you may ask. Well, let me break it down for you.
When companies hire employees on a full-time basis, the company needs to pay the employee their market rate every month. Or at least something close to their market rate. This market rate varies depending on the employee's qualification, field of work, and work experience.
But, if you only need a person to do a certain job that does not require a whole day, then imagine hiring a person on a full time basis, on a full time salary just to get the person to do this certain work for say 5 hours a week. That's just about 1 hour a day from Monday to Friday, but you need to pay him a salary for 8 hours a day, 5 days a week, 22 days a month.
If you hire a freelancer instead, you can just hire that person for a specific amount of time and pay him/her on an hourly basis, or hire him/her on a fixed amount basis until the work is done.
If you are in Singapore, you won't have to contribute to the provident fund of the freelancer, like you have to in the case of a full time employee.
Freelancers are considered self-employed on a sole proprietorship basis and filing of taxes etc are completely their responsibility.
This is how freelancers help cut cost.
More and more business owners - some even large profitable businesses - are discovering this cost saving opportunity and looking to outsource their work to freelancers.
IT professionals are reaping the most benefit from freelance work, but writers are not too far off.
A lot of information is online. At the same time, there is a lot of scam online as well. So you just have to be careful and do your research before signing up at any website, if you are interested to try your luck with freelance jobs.
In our usual inseparable lovebirds style, we're working on it together.
Unfortunately it's a ghost writing job so I can't write more about it.
Both of us have signed up at various freelance websites, and have been applying for jobs frequently. Thus far, O-desk has proven to be one of the best websites for freelancers.
There are plenty of other websites for freelancers. All kinds of jobs are available online these days, as more and more small business owners turn to freelancers to save employment costs.
How do freelancers cut cost, you may ask. Well, let me break it down for you.
When companies hire employees on a full-time basis, the company needs to pay the employee their market rate every month. Or at least something close to their market rate. This market rate varies depending on the employee's qualification, field of work, and work experience.
But, if you only need a person to do a certain job that does not require a whole day, then imagine hiring a person on a full time basis, on a full time salary just to get the person to do this certain work for say 5 hours a week. That's just about 1 hour a day from Monday to Friday, but you need to pay him a salary for 8 hours a day, 5 days a week, 22 days a month.
If you hire a freelancer instead, you can just hire that person for a specific amount of time and pay him/her on an hourly basis, or hire him/her on a fixed amount basis until the work is done.
If you are in Singapore, you won't have to contribute to the provident fund of the freelancer, like you have to in the case of a full time employee.
Freelancers are considered self-employed on a sole proprietorship basis and filing of taxes etc are completely their responsibility.
This is how freelancers help cut cost.
More and more business owners - some even large profitable businesses - are discovering this cost saving opportunity and looking to outsource their work to freelancers.
IT professionals are reaping the most benefit from freelance work, but writers are not too far off.
A lot of information is online. At the same time, there is a lot of scam online as well. So you just have to be careful and do your research before signing up at any website, if you are interested to try your luck with freelance jobs.
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