Freelance Economy Archives — LIRNEasia


Success Story of an Online Freelancer

Posted on September 22, 2016  /  0 Comments

LIRNEasia research about online freelancers reveal, those engaging in part-time freelancing work such as graphics designing, digital marketing and translations, earn a monthly income of approximately Rs.20,000 -30,000. There are extreme cases too,  we have met few committed freelancers who earn over 300,000 per month. Earning from freelancing is making a drastic impact on the lives of Sri Lankan youth who are involved in it. Here is the evidence, freelancer Thilina Madushanka posted this in one of the Sri Lankan fiverr community page in Facebook.
Millennial Careers 2020 Vision: Report by Manpower group highlights, Though Millennials favor full-time work, over half say they are open to non-traditional forms of employment in the future—freelance, gig work or portfolio careers with multiple jobs. Self-employment is also a tempting future option. This is based on a quantitative research across 25 countries surveying 19,000 Millennials. They asked what they look for in a job, what development opportunities they seek and what would make them stay with an employer.   Here are some key findings of the survey, Seventy-three percent report working more than 40 hours a week, and nearly a quarter work over 50 hours.
Fiverr, Upwork and Freelancer are few of the international online platforms where Sri Lankan youth are registered with and making a sizable income. LIRNEasia is currently conducting a research study to access the potential of Microwork / freelancing industry. Our study reveals on average freelancers are earning 180-200 USD per month even working as part time and the interest and willingness to work as freelancers is on rise. Understanding enthusiasm for working as freelancers among youth workforce, PODI JOBS is a local freelancing platform connecting employers and freelancers for work such as creating websites to writing copy/text, maintaining social media pages and many more. The new freelance site claims, “PODI JOBS aims to enable Sri Lankans to work from anywhere in the island.
LinkedIn conducted a research focusing on LinkedIn members with the word “freelance” in their job title, and then they aggregated the most common industries and skill sets found (chart follows). The top results range from media and communications, to engineering and software development. Some of the key finding of the Study There are also slightly more females than males freelancing which indicates that more women tend to freelance as there are slightly more males on LinkedIn overall. When compared freelancers with to non-freelancing members across the same job functions, freelancers take the lead across the board — they have more recommendations, group memberships, skills listed, endorsements, and connections than average Linked Data shows that freelancers juggle roughly 2.1 jobs at once (indicated by members having more than one current role listed on their LinkedIn profile without an end date)