A freelance career might be your next move and here’s how
A freelance career is the preferred choice for many people. Sometimes it’s necessity that drives us towards this path other times frustration. Many others simply want to earn their living through their own creativity. Whatever the reason, now is the time to consider a freelance career.
In the new book, Create, Work, Earn the freelance economy earns a whole chapter. In its research it has uncovered a number of exciting facts.
Exploring the UK Freelance Workforce in 2016
IPSE is the largest association of independent professionals in the EU. It represents over 67,000 freelancers, contractors and consultants from every sector of the economy. It’s a not-for profit organisation. It is owned and run by its members, which is interesting. According to its 2017 report, Exploring the UK Freelance Workforce in 2016 written with the support of Kingston University’s Small Business Research Centre, and the Labour Force Survey (LFS) (courtesy of the Office for National Statistics (ONS)), states:
- There were 2 million freelancers working in the UK. 1.77 million are freelancing as their main job, and 233,000 as a second job and is rising. Self employment is on trend.
- Their contribution to the UK economy is said to be £119 billion.
- The average age is 47. 22% freelancers in South East London and 21% in Greater London.
- The total of two million equates to a rise of 43% from 1.4m in 2008.
- That in turn means freelancers account for 42% of the 4.8m self-employed population. That represents six per cent of the UK workforce.
Professional and tech are favourites for freelance careers
The IPSE report goes on to say that the highest proportion of freelancers work in associate professional and technical occupations, which includes 790,000 freelance workers (39% of the UK freelance workforce). This diverse group includes writers, artists and musicians. It also includes: science and engineering technicians; sports and fitness professionals. We can also include protective service professionals too.
According to IPSE there are 730,000 freelance workers in professional occupations. There are also a further 480,000 who work in managerial occupations. This represents 36% and 24% of the UK freelance workforce respectively.
Rise of the Freelance Career
Growth among freelancers in professional occupations is at its highest since 2008, up by 77%.
This is followed by managers, directors and senior officials. This is an occupational group which has grown by 35% since 2008. It is also experiencing the highest growth since 2015.
Even though it is the largest occupational group for freelancers, associate professional and technical occupations are experiencing the lowest levels of growth since 2008 (26%).
Industry profile and a Freelance Career
Freelance workers are present in all major industry groups covered by the LFS. They are strongly represented in the professional, scientific and technical activities industry (21%), with 430,000 people.
High numbers are also found in education (13%), arts, entertainment and recreation (11%) and in information and communication (10%).
More than half of all freelancers work in these four industry groups.
Freelance career, freelance working and gender
Within the UK and its freelance workforce, 59% are male and 41% are female. There is a larger increase in the number of female freelancers than males between 2008 and 2016 – 55% and 36% respectively. Freelancers’ occupational profiles vary by gender. Females are more highly represented in associate professional and technical occupations; undertaking 43% of the jobs in this category.
Next, males are more likely to be found working in managerial or professional occupations.Men undertake 60% of the roles in each of these occupational categories.
Breakdown of industry
Consider that in terms of specific roles performed by freelancers, there is a higher proportion of males found in engineering (95%); architecture, town planning and surveyor roles (87%); IT and telecommunications professions (86%); and production management and director occupations (80%).
Health associate professions (80%), nursing and midwifery (75%), therapy professions (66%), and teaching and education professions (64%) are more highly populated with females.
The number of mothers working as freelancers is 302,000, which is 15% of all freelancers. This has increased 79% since 2008. This is nearly double the rate of increase in the freelance workforce as a whole.
This continues the trend towards increased self-employment among women which has been evident for the past two decades. Bearing in mind women’s retirement age has increased from 60 to 67 within that time and is likely to rise further. Therefore you can see the need for an alternative approach to shuffling off the employment conveyor belt at 60.
Is Age a barrier to a freelance career?
To conclude, the largest proportion of freelancers are between 40-49 (489,000) and 50-59 (485,000), with almost half (48%) of all freelancers falling into these age groups. Freelancers aged 60 and older comprise 20% of freelance workers. Although it is a higher proportion than in 2008, this age group has experienced a fall of two per cent since 2015. However, it will be interesting to see the statistics for this year when they are published.
What next for a freelance career?
Therefore if you have been considering the possibility of earning a living through a freelance career then you should read the book Create, Work Earn. In it you will learn from others who have made the leap. The book has more than 15 case studies in it outlining all kinds of jobs, experiences and ambitions. In addition there are chapters on confidence building and creativity. You will also find chapters on managing your finances as a freelancer and other freelance top tips. There is also information on contemporary workplace skills and goal setting. The book is written by an author who has been freelancing since 2011 and every single contributor has chosen a freelance career in one way or another.
Finally, Create, Work, Earn is published in October 2018. It has already been featured on Fox, ABC and NBC in the United States. A UK press campaign will follow closer to the publication date. If you order your copy of Create, Work Earn before publication, receive a 20% discount. If you have ever wondered whether “freelancer” is a term you’d like to call yourself then now is the time to investigate the possibilities. With this book by your side you are bound to fulfil your ambition. Pre-order your copy of Crate, Work, Earn now and grab your discount..