What is Freelancing?
Definition: Introduced by Sir Walter Scott, the term „free lancer‟, was used to describe a „medieval mercenary warrior‟, indicating that „the lance‟ is a person who is not sworn to any lord‟s services. A more recent definition however defines a freelancer as follows:
“A freelancer is someone who is self employed and not committed to a particular employer for a longer period of time.”
Freelancers may work in a variety of areas by sitting at their home at their own pace, selling their services on hourly, daily, or task basis, not as regular employees by one employer. Freelancing is nothing, but just a flexible way of selling your expertise and professional capabilities in the marketplace via internet.
Benefits of Freelancing:
Today freelancing has evolved as a complete industry, bringing with it several benefits. A few are highlighted below:
- Master of your own actions:
Freelancers work at their convenience. They choose their own bosses, have choice over the type of task to take up and usually have more freedom over their work schedule, which employees in regular employment merely enjoy.
- Source of income for part timers:
Freelancing is getting popular amongst students, house wives, unemployed and part timers, who want an extra source of income to meet their needs.
- Variety of assignments:
Freelancers usually enjoy a greater variety of assignments, than people in regular employments, which may help them increase and refine their professional skills.
- No boundaries, No limitation:
Freelancing is the only industry where employee and employer can work together from any-where around the globe with no legal, contractual or geographical boundaries. Freelancers may not even see their employees most of the time but it might become a point of worry sometimes.