Site icon Employee or Independent Contractor?

Freelancing Can Pay Off

Photo by Daria Shevtsova from Pexels

From Business News Daily, Chad Brooks reports that the percentage of freelancer workers has increased by 45% in the past five years.  Chad writes:

“The number of freelance workers earning more than $100,000 a year has grown 45 percent over the last five years, making it the fastest-growing segment of the population of independent workers, according to a study from independent contractor solutions provider MBO Partners. In total, there are nearly 3 million freelance workers making at least $100,000 a year.

The research revealed that in addition to the number of high earners, another 17 percent are earning between $75,000 and $100,000 a year. Just 24 percent of freelance workers take in less than $25,000 a year.

Overall, there are close to 18 million independent workers earning a significant portion or all of their income outside of traditional employment, with another 12.5 million “side-giggers,” who take on part-time freelance work….”

Read the full story at Freelancing Can Pay Off.

Exit mobile version