The Rise of Freelancing (Remote Working) Among Office Employees

Mahalakshmi D  
Managing Director , Professionele Consulting

Mahalakshmi D is the Managing Director of Professionele Consulting, a firm known for its expertise in business and HR consulting. Her leadership and strategic vision guide the company in providing top-tier consulting services, helping businesses achieve operational excellence and sustainable growth.

This is Gen X. To put simply, a new generation which has redefined work, employment and standard of living with a keyword called “freedom”. Education and employability are just another of those variables one defines in their own time and space. The reason for this dramatic change in thought is the internet. This generation has seen school/college dropouts build business empires beyond imagination. 

 

The new mantra is to do something on your own. So the question is, do they still conform to the age-old practice of a 9-5 job?

 

Speak with any employee or professional seeking a “hybrid” or ”remote” employment offer. Many wouldn’t want to be bound by any work schedule at all. Their contribution would be defined only by output.

 

In the COVID era, when remote work was encouraged, especially with high-speed internet and computers, many employees felt that offices could function remotely. This starkly contrasts with golden-age employees who believed in joining a workplace and completing a full-service term with retirement benefits. They also assumed that at the end of a working career, a substantial sum would be bestowed as a provident fund and gratuity, marking the end of their earning ability.

 

Today, in dramatic contrast, freelancing seems to be seeking precedence over retirement benefits. Associating oneself with one organization seems to be a non-progressive and shackled way of doing productive work. Also, today, large corporations have realized that instead of permanently binding themselves to an employee who may or may not perform, it is better to associate with service providers (freelancers) or contractors with a fixed-term contract, which can be terminated in case the output demands are not met. At the same time, the remuneration passed out to these freelancers is lucrative enough to ensure good-quality output.

 

So, basically, freelancing is the “mantra” of the day. The advantages of freelancing can largely be felt by freelancers as well as companies. 

 

Also, from an employee’s point of view, typical issues associated with a permanent job, like work timings, travel, lack of appreciation for work output, office politics, saying no to work they feel they cannot contribute to, working on multiple assignments, and boss-employee conflict, are eliminated when one chooses to freelance.

 

However, one has to be aware that the cons of freelancing are market dynamics, competitive rates, and shortchanging of dues, which one has to contend with. But today, an increasingly large segment of the young and middle-aged employable workforce prefers to work as “freelancers” as they can find a perfect balance between earning and maintaining a good standard of living.