FREELANCERS CAN AVOID HIDDEN FEES, MAXIMIZE EARNING
Mint Ahmedabad|December 23, 2024
Being aware of payout options and financial solutions helps freelancers with smarter choices
Movin Jain

The freelance economy in India has witnessed extraordinary growth, transforming from a niche working arrangement into a mainstream career choice. With more than 15 million active freelancers and an industry projected to reach $50 billion by 2032, the sector represents a significant shift in how Indians approach work. In specialized fields like finance, Indian freelancers are commanding impressive rates of up to $71 per hour, well above the global average of $41. This surge reflects the increasing global recognition of Indian talent, coupled with the cultural and technological shift that has made cross-border collaboration seamless.

Global freelancing platforms like Upwork, Fiverr, Toptal and several others have played a major role in democratizing access to work, making it easier than ever for freelancers to connect with global clients. Most platforms operate on a commission-based model, charging between 10% and 20% on earnings. However, apart from the service fees/commission, freelancers also face a multitude of additional charges, including transaction costs, currency conversion fees, and various platform-specific charges that can substantially reduce their actual income.

この記事は Mint Ahmedabad の December 23, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

この記事は Mint Ahmedabad の December 23, 2024 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。

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