How quarantine affected employment
Global working hours fell by 14% in the second quarter of 2020 alone – equivalent to the loss of 400 million full-time jobs, the International Labor Organization has calculated. The pandemic of the novel coronavirus COVID-2019 has exposed an acute vulnerability of businesses and their workers around the world. Companies stopped hiring, millions of employees were transferred to remote work, some of them lost it altogether.
Some employees who lose their jobs or are forced to take unpaid leave become self-employed – according to the British technology platform for freelancers PeoplePerHour (it is one of the largest in the world), since the beginning of 2020, the number of service subscribers has grown by 513% in Japan, by 329% in Spain and 300% in the UK online slots not registered with gamstop.
Freelancers in business
The trend towards free-swimming itself is not new: back in 2016, McKinsey experts estimated that up to 162 million people in Europe and the United States – or 20-30% of the working population – are engaged in some form of independent work. These are those who work part-time freelance in addition to their main job (the majority turned out to be 40%) and those for whom self-employment is the main source of income (30%).
The huge percentage of the self-employed in the global economy is also confirmed by more recent OECD data: in 2019, one in seven (i.e., 15% of all employed) in developed countries was self-employed. In Greece, their share is 34% of the labor force, in Italy – 23%, in Spain – 16%, in the UK – 15%, in the USA – 6%.
“If you ever want to be your boss, you should consider working in real estate or skilled trades: these are 8 of the top 12 self-employed occupations,” begins an article in Business News Daily. published March 2020. This story is based on a ranking by SmartAsset, which researched data from the US Bureau of Labor Statistics. The ranking includes those positions where at least 15% of employees are self-employed; the average income, predicted employment opportunities, and growth in the number of personnel, and the level of education were also taken into account.
White collars at a distance
Companies also support the trend – in 2019, remote work or online casinos (both traditional and freelance) became so popular that experts from the largest, according to its data, international freelance platform Upwork predicted: in 2020, 56% of teams in the world will include remote workers (this forecast is given in 2019). Among white-collar workers and creatives, the pandemic is likely to be more than expected, according to the platform’s spring 2020 overview. to the corporate network, the inability to work because of small children, etc.), both parties could see the benefits of remote work and self-employment, experts at Upwork say.
According to McKinsey’s report, “Independent Workers: Choice, Necessity, and the Giant Economy,” self-employed people are more satisfied with their jobs than traditional workers. They are more passionate about their tasks and at the same time enjoy the opportunity to work without a leader and control how much time they spend on work and rest. At the same time, some of the self-employed worry that they are economically and socially more vulnerable than their office colleagues.
In companies, the remote work mode significantly reduces transaction costs, says the head of the fiscal policy of the Economic Expert Group Alexander Suslina: for rent, transportation costs (for example, paying for a taxi to work or transfer), etc. For medium and small businesses, savings can be vital. especially in a global crisis, she argues uk sports betting sites not on gamstop.
For any business and government, cooperation with self-employed is, of course, beneficial, confirms Oleg Shibanov, director of the NES financial center: “This is a project activity, an employee is rewarded only for the work done.”
Freelancers are likely to be more in demand in the future than traditional workers, Upwork concludes in its Spring 2020 Survey.52% of HR managers say remote work performance during the pandemic has exceeded their expectations and 62% that they will hire more remote workers than before.
In the conditions of universal remoteness, those employees who already worked from home find themselves in a more advantageous position compared to office workers. McKinsey experts in the article “Pandemic Proves – Talent Is Critical to Productivity” note that they recover faster in a crisis, as at this time employers value more flexibility and the possibility of temporary contracts.
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How to become a freelancer
It’s easy to become a freelancer. It is enough to register on one of the freelance platforms – the choice depends on the field of your activity, upload your portfolio and start looking for and taking orders.
Already, more and more people in the world are choosing freelance jobs, and this trend will intensify in the coming years. Such work gives a high income and freedom – you can build a balance between employment and leisure, choose a place of work and interesting projects. It is not necessary to immediately radically change your life and quit your main job. You can start with freelancing as a source of additional income – and see what happens.
Based on the results of the time tracking program, teleworking showed a result higher than expected at the beginning of the quarantine. The workforce at home was more productive than in the office, which meant companies were able to turn that productive work into money. If you do not increase your profits, then at least keep the bar. Not all employees liked this working mode: someone appreciated that the road to the office is 3 meters from bed to the table, while someone lacks live communication with colleagues.