There is a remarkable phenomenon occurring in the British job market.
More people are taking on independent projects, research, and artistic ventures right from their home office.
A study has found that self-employed people are some of the happiest and most productive workers.
Over 4 million people work in the self-employment sector out of 31 million workers in the labour market.
Research conducted by Brighton University’s business school determined that those same freelancers are currently the driving force behind Britain’s economy—particularly in the creative, digital and IT sectors (CDIT).
There have been uncertainties as to how self-employment contributes to the economy and the creative sector of the working world. Doubters have especially questioned how freelancing affects the business models and organization presented in the CDIT sectors.
With funding provided by the Arts & Humanities Research Council, colleagues at the university decided to review the employment details of around 300 freelancers located in southern England. They also questioned 30 interviewees and two focus groups for the study.
All their discoveries were noted in the "Brighton Fuse 2 Project: The Role of Freelancers in the Brighton’s Creative Digital IT Cluster," which was led by Dr. Roberto Camerani, Dr. Jonathan Sapsed, and a co-host of other investigators.
What they found was that people who choose to leave their jobs to work for themselves are much more creative and inventive. Competing with their fellow colleagues to get ahead is now the least of their worries. Additionally, they find more pleasure in life once they’re no longer under the leadership of an employer.
"For many, freelancing is emerging as the ideal lifestyle, especially in creative and digital industries where people can work from any location, including home, and which demand high levels of innovation,’ mentioned Dr. Sapsed.
Flexibility and autonomy are some of the main benefits that attract most people to freelance work. Many self-employees view this freedom as one of the most rewarding experiences they’ve ever had as a worker.
While self-employment is taking the British job market by storm, there are still a few hurdles that need to be overcome.
First off, experts are noticing that freelancers earn more when they work in clusters. Compared to employment firms, freelancers are profiting higher income; yet, the number of freelancers working in business groups is growing at a really slow rate.
Issues related to taxes and other unfavorable policies are also placing more strain on independent workers.
As stated by the project’s official report, "We argue that this mode of work is a positive phenomenon in the CDIT sectors, not a second best to employment as is sometimes claimed, and we observe that there are aspects of law and policy that currently penalise freelancing."
Considering the fact that self-employment is constantly developing, the government is asked to reflect on reforms that may contribute to the comfort of an independent worker.
Working independently is not just another trend or fleeting movement, but a lifestyle that many people are embracing as an ideal solution to their employment woes.
Freelancing is gradually becoming a long-standing imprint in the labour market.