Freelancing, in South Africa and globally is slowly becoming a recognized and vital part of the modern workforce despite the misconceptions about it not being ” real work” or a ” real career”. Today (at the writing of this article) is International Workers’ Day 2024 and we want to reflect on freelancers as a significant part of the local and global workforce.
Before we explore the value of freelancers in the modern workforce let us explore one of the misconceptions about freelancing.
Stability and Structure – Traditional jobs typically offer a stable income versus freelancing which comes in seasons of plenty and seasons of lack. This is not to suggest that freelancers cannot experience stability in income.
However, the reality for many freelancers is that they experience fluctuations in terms of income especially in our current economic climate where some economies are going through recession. Inconsistent gigs deepen misconceptions about freelancing not being ” real work”.
In addition to this, traditional jobs usually come with a set schedule and employee benefits such as medical aid benefits which is usually the case for full-time workers in South Africa. Globally, in countries such as the United States of America, employees usually get health insurance and dental care. Freelancers do not have the privilege of this and usually have to sort out this sort by themselves. This worsens misconceptions about freelance work not being ” real work”.
Despite this, freelancing is a valid form of employment for the following reasons
- Income Generation – Freelancing is not a get-rich-quick scheme. It takes a long time to build a successful profitable freelance business and individuals with experience and highly specialized skills can command great rates and generate good income for themselves. This exchange of skills for monetary value makes such freelancers valid workers in the local and global workforce.
- Skill Development – The freelance pool is quite cutthroat and competitive. This necessitates freelancers to constantly keep up with their various industries through upskilling via courses, boot camps, and other professional development programs. One can argue that, unlike traditional employees, freelancers take professional development more seriously to stay relevant and competitive in the South African labour market and globally as well. Freelancing also exposes one to diverse projects and clients which makes it a valid form of employment as this also happens in traditional forms of employment.
Having said this, let’s explore more the value of freelancers to South African, regional, and international businesses.