Freelancers vs Employees - Who earn more?

07.03.2018

Many of those considering freelancing have to consider whether they'd make more or less working on their own than in a typical 9-to-5. We decided to reach out to out audience and find out: do freelancers make more than regular workers?

Freelancing has a number of benefits – most notably, the freedom to decide how to spend your time and what kind of projects on which you want to work. Turns out, getting paid more is also something you can expect as a freelancer.

Most freelancers earn more than full-time employees

We asked our community whether or not they earn more than regular employees who do similar jobs. The results paint a pretty clear picture:

56 percent of our survey participants said they were getting more money than they would if they had a full-time position at a company. And that’s great news. We often talk about how many challenges freelancers go through. Being self-employed comes with fewer responsibilities, but often less security and stability. But it’s worth it financially for most of you!

As a counterpoint, only 12 percent of you said they were earning less than their employee colleagues. Making as much money as you would in an office takes time. So if you’re at the beginning of your freelancer career, stay persistent. You need to give your business a chance to grow. That’s why it’s so important to go into freelancing only if you have enough savings to put you through the first couple of months.

Finally, 10 percent of our survey respondents break even with employees. However, it is easier to increase the amount of money you’re getting as a freelancer – the space for growth is basically without limit. Unlike an employee, you don’t have to rely on your boss noticing how good of a job you’re doing to increase your salary. There are no negotiations in which you have to prove how good you are. As a freelancer, your efforts directly translate into getting paid more.



 

How does your reality stack up compared to the results? Discuss the survey in the comments below this article!


Are you intrigued to learn more about the survey results? Download a free copy now!
 

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Comments

  • Commented by pranita deshpande on 21.11.2018 at 19:00 h

    What types of article you want?

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