LinkedIn is sharing the stories and experiences of freelancers, as part of LinkedIn ProFinder’s anniversary.
Many streams makes a freelancer
According to LinkedIn’s analytics, 25% of freelance professionals come from entirely different fields than their current chosen industry. While 13% undergo new education to enter freelancing.
New legislation in the US that gives freelancers more rights has seen more professionals entering the fray. Over two thirds (76% ) of freelancers having experienced issues in collecting payments from clients.
What freelance professionals want most
LinkedIn reports 92% of freelancers are not provided any form of benefits, while 45% say healthcare is most desired, with 21% desiring a form of contractual protection, and 17% putting payment protection at the top of the list.
However that lack of securty comes with benefits. Over 20% of freelancers say they’re on track to make six figures this tax season.
With new technology, AI, and industry automation on the grow, LinkedIn predicts that 80% of freelancers are relatively secure in their sector.
Whether or not freelancing proves to be as lucrative as predicted in the coming years remains to be seen, but New York has set a precedent for protecting contractors. Will the rest of us follow suit?
Are you a freelancer in a given field? Do you think LinkedIn’s predictions ring true? Let us know your opinion in our comments section below.
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