As published by Poynter: “Their reasons include creative freedom, flexibility and the belief that freelancing is better for their careers — and their mental health.” … Read more…
Author: kimkavin
PRO Act Eliminates Essential Freedoms for Independent Advisors and Main Street Investors
As reported by The DI Wire: “Independent contractors in the financial arena are already highly regulated with compensation practices carefully monitored and reported. The PRO Act will neither help advisors nor their clients. Instead, it will only limit options for everyone.” … Read more…
Report: 59 million Americans are freelancing amid turbulent labor market
As reported by TechRepublic: “There is ‘a very wide range of activities that count as freelancing,’ compared with traditional employment, according to Upwork. ‘Freelance work can vary from selling goods online a few times a year to delivering groceries a few times a month to working as a full-time programmer or accountant.'” … Read more…
ATRI: Reclassification Would Decrease Owner-Operator Job Satisfaction, Income
As reported by HDT Heavy Duty Trucking: “The majority of owner-operators expect that they would experience significant decreases in their job satisfaction (73%) and annual income (68%) if they were reclassified to a company driver.” … Read more…
Workers Quit Jobs in Droves to Become Their Own Bosses
As reported in The Wall Street Journal: “The number of unincorporated self-employed workers has risen by 500,000 since the start of the pandemic, Labor Department data show, to 9.44 million. That is the highest total since the financial-crisis year 2008, except for this summer. The total amounts to an increase of 6% in the self-employed.” … Read more…
Greater Flexibility & Improved Mental Wellbeing Top Drivers Behind Great Resignation Trend According to First Annual GrowTal “The State of Freelancing” Report
As reported by Yahoo! Finance: “Over three in five (62%) agree that freelance was a personal decision, and the government shouldn’t classify them as an employee.” … Read more…
Tech Freelancers Help Companies Plug Talent Gaps
As reported in The Wall Street Journal: “Tech freelancers see a lucrative seller’s market for their skills, said Thomas Vick, a regional director at the technology divisions of staffing firm Robert Half International Inc. “They can actually make more money working on projects as a contractor than what they would as a full-time employee.” … Read more …
Why journalists are leaving their full-time media jobs to go freelance
As reported by Poynter: “I earned more in six months on my own than in the entirety of last year at a full-time job. And I’m on track to more than double my total income this year.” … Read more …
Self-employed people are four times wealthier than workers, on average
As reported by Business Insider: According to the U.S. Small Business Administration’s Office of Advocacy, self-employed Americans have a far larger median net worth than their regular working peers, and self-employment is one way to achieve economic mobility, especially as wages decline for workers. … Read more …
U.S. Senate HELP Committee Hearing on PRO Act Disappoints
“Yesterday’s hearing by the Senate HELP Committee focused almost entirely on making it easier for current employees to unionize, while failing to recognize how parts of the PRO Act would harm the country’s 59 million independent contractors…” Read more…
