Increasing number of graduates choosing to freelance
According to official data published by the Office for National Statistics, youth unemployment rose by 114,000 between July and August 2011, with a total of 2.57 million people unemployed this year alone. With this recent release of figures revealing a shocking 17-year high, it’s not surprising to hear of the increasing number of graduates choosing to freelance, rather than struggling to find a job that suits their degree in one of the most competitive marketplaces society has seen for a long time.
Additionally, figures have shown that it’s not just graduates who choose this path, as students are following in their footsteps in order to pay for the degree they’re studying for. With so much competition even for the less desirable jobs out there, it’s clear to see that many young people find it easier to simply source their own work and manage their own workload. With university fees always increasing, freelancing gives students the opportunity to effectively earn their spending money, consequently keeping their debt to a minimum.
The opportunity for students and graduates to do exactly this is a direct result of technology, whilst also being thanks to the extent it has advanced over the past five years. This advancement in technology has created a market for the concept of outsourcing, which works by effectively being the middleman between freelancers seeking work and companies seeking freelancers.
Loren Holland, Managing Director of a new online outsourcing company, OutsourceMyProject, said: "My business partner and I set up OutsourceMyProject earlier this year, with an aim of opening up the global marketplace for professional services, across a wide range of sectors.
“OutsourceMyProject enables both small and medium-sized businesses, as well as entrepreneurs and individuals to successfully outsource business at home and abroad. Significant savings are made by companies who outsource work in this way, especially when work is outsourced to those living in low cost economies, such as India. This is because many professionals living here are highly talented with impressive skills, especially when it comes to work that involves either IT or back office support.”
OutsourceMyProject operates by allowing freelancers to become members of the site. They can then bid on any projects that interest them. These projects are posted onto the site by various companies and individuals who have work available to outsource, such as web design companies looking for a freelancer web designers, or firms looking for freelance copywriters to write fresh content for their website. Whatever the task and whichever type of freelancer the company is looking for, OutsourceMyProject is one of several outsourcing sites offering this highly effective service.
Loren added: "OutsourceMyProject provides the platform for companies to post details of the work they’re looking to be completed, after which the freelancers registered on the site can then bid for it. The company is then able to pick and choose the freelancer they feel best matches the skills needed to complete the job to the required standard, which can sometimes result in just a one-off job being given to the freelancer, or a long-term working relationship developing instead.”
Outsourcing also helps many other people too, such as those who are unemployed, regardless of age, who are able to gain income through freelancing. Although unemployment figures are high, many unemployed people want to work, but simply can’t secure a job. Freelancing through an outsourcing company offers a variety of jobs based on an individual’s skill set, helping people to not only earn extra money, but to feel worthy and valued again.
In a world where securing a job can feel impossible at times, freelancing has been invaluable for many people, and will undoubtedly continue to be invaluable for many more people in years to come.
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Established in 2011, Outsource My Project aims to bring together providers of professional services with organisations and individuals looking to outsource business functions or projects. Following the launch more than 2,000 suppliers including legal specialists, freelance content writers and mobile developers have registered with OutsourceMyProject.com to bid for over £100,000 worth of projects posted by UK businesses.
OutsourceMyProject.com is a member of the National Outsourcing Association (NOA), the UK’s outsourcing centre of excellence.
For press enquiries please contact Loren Holland:
Tel: 07999 799 799
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- Loren Holland
- Managing Director
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