How Freelancing Can Affect The Job Market In Nigeria – There is a lot to becoming a freelancer. If you are in a field that provides freelancing opportunities and has been thinking of quitting your job, it’s important to relax and take a good look at how freelancing can affect the job market in Nigeria. The right way to examine that is by reading this article to the end.
How Freelancing Can Affect The Job Market in Nigeria
Unfortunately, a lot of countries have been finding it hard to put their economy back to shape since the pandemic. Salary earners have been struggling because salaries are not rising. It is no longer news that a lot of people depend on only one source of income. Companies also are struggling to increase staff salaries, thereby reducing their staff.
Entrepreneurs and business owners are going through difficulty and are folding up because the cost of running a business outweighs the revenue they generate, and thereby struggle to make a profit.
The best way to eradicate all these problems is to look for ways people can double their source of income in a way that will not affect their present job.
The unemployed must learn to cope with the digital space and think digitally. Businesses should also look for ways to boost revenue and increase production speed through the use of technology. Without any doubt, the digital method of servicing customers is one of the efficient ways to generate income from any part of the world and in the comfort of your home.
Digital freelancing is common in developed countries. This is when experts use digital means to provide services to businesses worldwide at the convenience of their homes.
In the past few years, freelancers had to look for clients, and almost all of these freelancers are never paid on time and will not receive any money sometimes. That is the reason digital freelancing is an efficient way that permits people to build their clientele base in the comfort of their homes. The freelancing platform will not send clients to you but will allow you to attract a client with a good profile. It will not only improve the standard of living but will also develop the economy.
Most freelancers get their clients from outside the company. It implies freelancers can compete internationally and do not have to leave the country to work for an international company.
Also, it will enable foreign companies to work with diverse African professionals, thereby reducing unemployment and encouraging more business owners.
New business owners need support and this can only be achieved through digital freelancing platforms. Most of them cannot afford bug companies and their business suffers when they work solely.
Startup owners should focus on business leads and look for solutions to digitalize, and processes to maximize revenue and not be going after all trades. That is why businesses should unite with experts through a freelancing platform.
A new business might struggle with full-time employees because they are expensive to maintain and attract most expenses like pension contributions, training, etc. But a digital freelancer will offer the service when needed with no commitment. Also, the platform will permit you to tap into specialized talent without spending lots of money.
Without disbelieving, it is expensive to get the services of experts, but the platform enables you to get a high-quality job at an affordable rate.
Becoming a freelancer will give you the opportunity of becoming your boss. The working environment in Nigeria is not attractive. Lots of employers in Nigeria are inhuman and at times get on your nerve. Being a freelancer allows you to work in the comfort of your home.
You will also make decisions you are responsible for and hire a comfortable life.
Also, you will be able to work wherever you want. You might decide to make it professional and have a workspace in your house. You will be opportune to work anywhere you want to work.
One of the effective ways to commence freelancing in Nigeria is by starting a service based on the digital skill one has. If you have the digital skill, the present digital era has provided the opportunity for you to explore. There are lots of freelancing platforms such as upwork.com, freelancer.com, peopleperhour.com, Fiverr.com, and freelancecareers.com one can register in.
These websites are a great tool to showcase your skills and give you the freedom to work from anywhere. It will assist tackle issues such as social unrest, unemployment, and brain drain, and reduce the frustrated youth. You can earn your income as a freelancer from Nigerian sources and international sources.
There is a need to encourage the concept of freelancing in Nigeria. It will not only decrease unemployment but will contribute to earning revenue to live a good life thereby contributing to socio-economic development.
As the economy develops, the social tensions associated with unemployment will reduce. It is time to realize how freelancing in Nigeria can help reduce unemployment. It has a lot of potential to bring positive change in Nigeria.
We cannot continue to be spectators in Nigeria. It is pertinent to adopt the best practice and welcome digital freelancing. If you already have a corporate job, you must start a freelancing job as a side hustle.
Let us join hands together in Nigeria so that this country can have a digital freelancing platform that attracts multinationals.
Frequently Asked Question(s)
What is the major disadvantage of freelancing?
Freelancers don’t get employee benefits such as health insurance, paid time off, or a 401(k) account. Self-employment income can be inconsistent and unpredictable. Getting clients as a new freelancer can be difficult. Freelancers are responsible for their business expenses out of pocket.
Does freelancing work in Nigeria?
you can find freelance work as a Nigerian without signing up for an account on Jooble. Work-from-home jobs you can find via the platform include writing, digital marketing, graphic design, and data input.
Why is freelancing a better job?
One of the advantages of being a freelancer is that you have much more freedom than when you work for someone else. You’re essentially running your own business, and it’s up to you which new clients you take on, what your hourly rate is, and what hours you work.
Why do employers prefer freelancers?
freelancers can often provide faster deliverables than full-time employees, and more quickly and accurately. Generally, full-time employees are tasked with multiple projects simultaneously. This often slows down projects and causes delays.
How much do freelancers make in Nigeria?
The average hourly rate for freelancers in Nigeria is $3. There are many ways for Nigerian freelancers to earn money on UpWork. The most popular way is to find clients who are looking for freelancers with your specific skill set. Once you have found a client, you can negotiate an hourly rate or a project price.
How effective is freelancing?
Freelancing can be a great career, since it allows you to work from anywhere, at any time, as long as you have a reliable Internet connection. There are a few different benefits to freelancing, but the most important is the freedom of working whenever and however much you want.
- Guardian.ng – Impact of Digital Freelancing in reducing unemployment in Africa
- insight.ng – Pros and Cons of freelancing in Nigeria
- digitallagos.tv – Freelancing in Nigeria – What opportunity it can bring
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