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Freelancing Platform: Benefits of the Sharing Economy

Are peer-to-peer freelancing platforms giving on-demand engineers more freedom?

Freelancers play an important role in the overall workforce. And the freelance economy in the UK, as the extraterrestrial sector, has grown by 53% since 2008. The trend is likely to continue in the context of the Great Depression. Freelance workers are on strike for the first time in history owing to the severity of the pandemic.

Having the ability to swim and work freely has several benefits, especially for engineers. For example, one of the advantages of working as a freelancer is that they have more freedom to choose the type of work they do. And are more adaptable to life projects and tasks. Additionally, they keep in close contact with their customers, keeping an eye on ongoing projects as well as part of the corporate machine.

Due to the lack of job security, freelancing continues to be heavily promoted.

Field Engineer’s freelancing team has discussed how some of the most popular shared economy platforms serve as a bridge between supply and demand in a given marketplace.

Freelancing Platforms – Sites that offer to match freelance workers across a wide spectrum ranging from traditional freelance work to services traditionally reserved to handymen.

The option to spend more time on your work or projects may be free, but it can also lead to periods of drought and therefore frequent revenue. Even though there is no direct manager to report directly to, there is less pressure, and all administrative concerns are handled by one person. Those who work full-time may experience increased stress and feelings of overwork due to these challenges.

How about a different approach?

Shared economy boom with freelancing platforms

Sharing is not a novelty, but a formalization of the economy.

By sharing goods and services among peers or companies for a fee, the sharing economy disrupts traditional economic channels.
By 2025, the sharing economy is projected to reach $335 billion as a result of Internet-based peer-to-peer platforms that prioritize peer-to-peer health over verticality between customers and businesses.
The goal of peer-to-peer platforms like eBay’s peer-to-peer concept in the 1990s was to facilitate file sharing and trading between individuals.

Despite becoming a household name, e-commerce pioneer Pierre Omidyar has taken small steps to establish the world’s first online auction site using dot com and the Internet.

Through peer-to-peer services focused on the distribution of services, digitalization is now enabling consumers to move beyond the confines of the platform and extend across the professional space. By using Internet-based platforms, suppliers and consumers can collaborate on projects that benefit both parties.

As engineers open up new and exciting business opportunities in the professional world, they can benefit from expanding the sharing economy.

Different peer-to-peer platforms are becoming more popular in Engineering. This is mainly because they offer an alternative to enterprise-based or advisory work, along with removing most of the business-related aspects of workplace safety. This approach takes the best of both worlds. It helps engineers earn a decent salary by sharing their knowledge with people in need, and it also develops a portfolio. Not only can these freelancing platforms make the sharing economy successful, but they can also make engineering more efficient.

Freelancers from across the globe can get orders through freelancing platforms while organizations can benefit from hiring part-time independent contractors.

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