The anatomy of a freelancer

THE ANATOMY OF A FREELANCER Freelancers are the great unsung heroes of the British workforce. In January 2014, the number of self-employed people in the UK hit 4.36 million. An 18% increase since 2008. More than merely a shadow workforce, freelancers drive innovation and help businesses generate economic value. THE AVERAGE FREELANCER 4% 11% 17% 15-24 years old 25-49 years old 50+ years old Men account for 3m freelancers, compared to 1.3m self- employed women. Women make up 38% of the freelancing community with a 1/3 of that number (13% of the total), being mothers. The number of female freelancers increased by 12% between 2011 and 2013, compared to only 5% increase in men. The number of freelance mothers increased by 24% Freelancers in the UK as a percentage of the total workforce between 2011 and 2013. THE ANATOMY OF A FREELANCER £34.41 £32.91 Freelancers develop a unique skill-set that waged workers simply don't have. HEAD Innovative and Creative Five times as many women took up self-employment in 2013, compared to full time work. Women's average hourly rate for freelancing is less than men's. Men average £34.41, compared to £32.91 for women. A good freelancer develops a personal brand that's competitive and ensures that they stand out in a crowded marketplace. THE TOP TEN FREELANCE SKILLS REQUIRED IN 2013 EYES Clarity. The ability to foresee and grab opportunities on the horizon Good freelancers are tenacious, clever and know how to create new The huzer work opportunities for themselves. Lhenen hew MOUTH Communication skills and negotiation skills Experienced freelancers know their worth. They aren't afraid to negotiate for an hourly rate that's commensurate with their experience. They are available for clients all over the world and communi- cate effectively across diverse cultural divides, building long- lasting relationships. Article Writing Content Writing English Translation Blogs <?php ?> PERSONALITY Tenacious, Flexible, Adaptable, Hard-working, Driven and Web Content Graphic Design PHP Committed All freelancers need to provide the right mix of interpersonal skills, creativity and technical capabilities in order to maintain a viable long-term business. 25% of freelancers intend to retire after the age of 70, or not </> at all. Freelancers provide flexible labour that minimises business risk. Thus freelancers will become an integral part of the economic recovery in the UK. Copywriting Creative Writing HTML FREELANCERS IN THE UK AVERAGE FREELANCE ANNUAL SALARY BY SECTOR 2014 2008 Banking £70,000 Engineering £64,000 PR/Marketing £57,000 IT In January 2014, the number of self- employed people in the UK hit 4.36 million. This is an 18% increase since 2008. Freelancers contribute £63,000 £202bn to the British economy each year. The no. of freelance jobs online increased by 46% in 2012. Design £50,000 Retail £35,000 HOW MANY NEW HIRES IN THE UK WERE FREELANCE? REASONS PEOPLE FREELANCE 41% 24% 18% April IT/programming Design/multimedia Writing/translation FREELANCING AS A CAREER AND LIFESTYLE CHOICE Ability to juggle family and career Being one's own Better work-life Earning as much, if not more boss balance £50,280 £26,000 Highly Qualified Only 4% of freelancers have no formal qualifications in their chosen field. Highly Paid Freelancers earn on average £50,820 a year, almost double the average worker's salary of £26,000. Increased flexibilty, lifestyle recreation and location Extra time gained Less incidental spending tes, business lunches, petrol} Increased health and well back from comn Sources: References: http://www.freelancingmatters.com/market-report-ons-labour-statistics-giant-group-findings/ http://www.pcg.org.uk/sites/default/files/media/documents/RESOURCES/Economic_Outlook_Jan2014.pdf http://www.pcg.org.uk/sites/default/files//media/documents/RESOURCES/01311%20A4%2094PP%20PCG%20ANDR EW%20BURKE%20EXECUTIVE%20SUMMARY%20WEB.pdf https://www.pcg.org.uk/sites/default/files//media/documents/RESOURCES/Future_Working_Full_Report.pdf http://www.ons.gov.uk/ons/dcp171778_350998.pdf https://econsultancy.com/blog/64320-the-rise-of-the-freelancer-stats#i.uvr65l15sde8sz http://metro.co.uk/2012/11/16/courage-skill-and-no-holidays-what-it-takes-to-be-a-successful-freelancer-497237/ http://www.pcg.org.uk/ https://www.pcg.org.uk/sites/default/files//media/documents/RESOURCES/Future _Working_Full_Report.pdf http://www.ons.gov.uk/ons/dcp171778_350998.pdf https://www.pcg.org.uk/news-events/insight/2011/03/03/female- contractors-suffer-pay-gap-says-study http://www.bbc.com/news/business-19594518 Vonage Now you're talking