Freelancers are optimistic about the current state of their working conditions, with 65% reporting an increase in job satisfaction in the past year, but there is still reason for concern. Many freelancers still aren’t making enough to live on. The median salary of those surveyed by Contently was between $10,001 and $20,000 per year, with just over 19% earning over $50,000 in the past 12 months.
“It’s good that they’re thinking and planning on doing this for a while, but there’s a lag between what they want to do and what they are doing,” adds Teicher.
According to Teicher, freelancers and employers continue to struggle when it comes to determining fair compensation for freelance work. With few benchmarks and standards to draw from, rates can vary widely between employers for similar work, compensation arrives at inconsistent intervals, and there are no formal means to settle disputes between employers and their non-full time staff.
“Building off the whole idea of accountability and bridging the gap between the people paying the freelancers and the freelancers themselves, they need some sort of governing body or something that can give them collective power,” argues Teicher….
Read the full story at The State Of The American Freelancer In 2015