Why people chose to become freelancers

Being their own boss is the number 1 reason why people chose to become freelancers

Following a survey conducted by Reportlinker on the future of work and the gig economy

Key findings of the survey show that: 

  • A quarter of respondents (26%) say they would consider exiting the traditional workplace to work as a freelancer or independent contractor

When giving the main reason for a change:

  • “Being my own boss” is the number 1 reason why people chose to become freelancers
  • A better work-life balance, flexible working hours, a need for freedom and a better compensation are also mentioned.
  • The main drawbacks cited are the lack of retirement benefits (27%), a low financial security (19%) and the lack of job security (18%).

Being happy matters:

  • 73% of freelancers say they feel a sense of purpose working this way
  • And 65% of people believe freelancers are happier than other professionals  

To see all the survey results click here.