Freelancing as a super option during recessionary times

Over the last few years, a lot of jobs have been slashed by companies. This decision was primarily due to companies having to slash their overheads and them avoiding paying salaries to their employees. Freelancing, in these times, has come as a major relief for companies who wish to get their work done, and yet wish to save on some money.

And indeed they have taken this option and succeeded. In a survey done in July 2009 by a leading Economics magazine, it was found that all companies who decided to go the freelancing route to get work done, were able to cut down on costs by about 30% at least. On the other hand, a lot of people who were laid off or were fired due to recession, could find an alternative option for work.

As a niche itself, freelancing has been around for quite some years. In fact, if early reports have to be believed, freelancing has been around for more than 10 years now. But it is only in the last some years that the criticality of this option has been realized.

A leading freelancer site sees over 100 new jobs being posted daily for prospective service providers to enroll for work. About 75% of the freelance jobs get closed, which means, a lot of these service providers or telecommuters are able to grab one or the other work option.

Quite significantly, for the kind of popularity freelancing has got in the last some years, there have been quite a few instances when service providers have complained that they haven’t been paid for their services or have been treated unfairly. This is clearly a case of protection of rights, and considering that freelancing is pretty much an unorganized domain, there can be precious little done about this, at least for now.For freelance jobs visit http://www.freelanceradar.com/ now !