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Increasing Numbers Of Pensioners Turn To Freelancing

An increasing number of pensioners are turning to freelance work in order to boost their pension pots, according to research carried out by Future Foundation.

The study conducted for pension provider Friends Life suggests that enterprising pensioners take freelance jobs as consultants, set up as online traders and establish their own businesses, in order to supplement their retirement savings.

Researchers tagged the group ‘wearies’ (working, entrepreneurial and active retirees), saying that due to inadequate savings, by 2020 many people who are in their seventies will simply not be able to afford to completely give up work.

Martin Palmer, Head of Corporate Benefits Marketing at Friends Life, said: “Necessity is the mother of invention and ‘wearies’ will be among the most innovative and entrepreneurial contributors to the UK economy, despite their senior years.”

Just over half of the people surveyed who had already retired said they would be prepared to work part-time if it meant they could boost their pension pot, with three-quarters of those yet to retire saying they would be willing to do the same.

Unemployment could be set to rise further, potentially leading even more people to consider freelance work in the very near future. According to the Wall Street Journal, Adam Posen suggested in a speech at Nottingham Business School that hoarding of labour may have restricted productivity growth in certain sections of the UK economy, saying: “If market discipline hits the dawdlers, then most of the productivity puzzle goes away.”

However, Mr. Posen suggested that many of those made redundant would eventually find new work as the economy adjusts towards more productive industries. He also insisted that the financial crisis had not permanently damaged Britain’s economy, and that it could resume growth further down the line.

It’s thanks to the capabilities of the internet that continually aids freelancers in finding work, especially the many outsourcing websites. One outsourcing website in particular, called OutsourceMyProject, has seen a noticeable increase in the amount of freelancers bidding on the projects posted on the website, by many different companies.

Loren Holland, Managing Director of OutsourceMyProject said: ”The demand for freelance work is continually increasing. With over £1 million worth of projects posted on our site last year alone, freelancers of all ages are securing work everyday.”

He went on to say: “The service OutsourceMyProject provides is hassle-free and the ideal way for businesses to find the exact talent they are looking for. By choosing a quote that fits within their budget, businesses are able to increase their chances of surviving a recession by saving money at every opportunity, while freelancers are able to boost their income by putting their knowledge and skills to good use.”

OutsourceMyProject is a UK based platform that’s been created to open up the global market place for professional services across a wide range of sectors. To date, the concept of outsourcing professional services has been limited to large companies and organisations. However, OutsourceMyProject enables small and medium sized organisations, entrepreneurs and individuals to successfully outsource business both at home and abroad too.

Via EPR Network
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OutsourceMyProject Continues To Provide Freelancers With Work

Several months after first launching, the outsourcing website, OutsourceMyProject, is continuing to provide freelancers with work. Enabling many different businesses to have their work completed by skilled individuals, the work costs significantly less than it would do when sourced from a high street company, which is why the concept has really taken off.

Loren Holland, Managing Director of OutsourceMyProject said: “My business partner and I launched OutsourceMyProject with an aim of providing a platform for UK businesses to engage with the UK freelance workforce, whilst also providing UK businesses with the opportunity to outsource their workload to freelancers abroad.”

He went on to say: “With more freelancers signing up to the website every day, whilst an increasing number of businesses are also posting jobs onto the site, it’s thankfully going from strength to strength. At a time where unemployment rates are continually rising, OutsourceMyProject is the ideal marketplace for unemployed UK workers to not only offer their services, but to be able to put their skills to use and be paid for it too.”

With shocking figures released today by the BBC, a record 1 in 5 people under the age of 24 are currently unemployed. Clearly backing the concept of outsourcing, and more specifically backing the purpose of outsourcing websites such as OutsourceMyProject, now is a great time for people out of work to be able to make money from home.

With a jobless rate of 8.3%, and a figure from October 2011 announcing that 1.6 million people are now claiming jobseeker’s allowance, the unemployment rate is the highest since 1996, whilst the total number of those who are unemployed is the highest since 1994.

To date, the concept of outsourcing professional services has been limited to large companies and organisations. However, OutsourceMyProject is a website that enables small and medium sized businesses, as well as entrepreneurs and individuals to be able to successfully find a freelancer and outsource business abroad.

Helping businesses to work within their ever-tightening budgets, OutsourceMyProject is a concept whereby significant cost savings are generated. This is most commonly through the outsourcing of work to low cost economies that have a highly talented skill base, such as various information technology roles and back office support roles to countries like India.

Freelancers firstly sign up to OutsourceMyProject, upon which they are then able to create a freelance profile and use the fair and transparent bidding process to secure the work that appeals to them, such as opportunities to become a freelance logo designer or as freelance graphic designers. With companies able to cherry pick the exact talent they’re looking for, and consequently choosing the freelancer they feel can carry out the job to the required standard, it’s a great way to build up strong working relationships, and is a concept that encourages competitive bidding from both UK and global providers.

With any cost saving method being essential in combating the ever-struggling economic climate in today’s society, it seems that outsourcing is an ideal concept not only for thriving businesses facing budget cuts, but also for companies who simply wouldn’t be able to survive without these savings in place.

OutsourceMyProject provides a sought-after service that helps UK businesses to cut fixed employment overheads whilst also cutting the costs of service providers too. For example, sourcing a competent web designer on OutsourceMyProject is considerably cheaper than sourcing someone at the same level from a high street company.

Thanks to the concept of outsourcing, the freelance jobs workforce is growing, with the possibility of working from home and making a living for yourself being much more of a reality today than it has ever been before. With the digital world growing too, as well as the increasing capabilities of technology continuing to pleasantly surprise us, perhaps this is the way of the future and something we will see a lot more of over the next year or so.

Via EPR Network
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OutsourceMyProject – An Essential Money-Saving Tool For Every Kind Of Business

With many businesses trying to carry out their everyday work with a limited budget, it’s no surprise that each day brings the unfortunate closure of another company, whether it be a struggling design company with an unmanageable workload, or a well-known company failing to make ends meet.

In today’s society, everything costs money, and these costs seem to always be on the increase, which makes every new day a struggle for many businesses. However, a company called OutsourceMyProject (OMP) looks set to turn everything around, with an aim of being an essential source of skilled labour and a money-saving tool for every kind of business, no matter how big or small.

Many companies would jump at the chance of being able to outsource some of their business functions to specialist service providers for a small fee, and that’s exactly what OMP allows businesses to do. As a result, over the past year a steady flow of companies have taken the time to learn about outsourcing, whilst also taking advantage of the benefits they themselves have been able to reap from the concept.

It’s no wonder that outsourcing marketplaces, such as OutsourceMyProject (OMP), have therefore helped to keep many companies afloat when they would have otherwise crumbled. OMP prides itself on helping businesses find specialists with the skills they require at an affordable rate, in what is undoubtedly a financially straining economy.

Cedar Falls Care Home, based in Walsall, is just one company that’s saved a significant amount of money by outsourcing their work through OMP, and has gone from strength to strength since first signing up to the website. Managing Director of Cedar Falls said: “We read about OutsourceMyProject in the news and thought it was a great way to find experts who could provide the services we needed at affordable rates. We loved the idea of posting one project and then sitting back and receiving multiple proposals in a competitive environment.

“We’ve used OutsourceMyProject to find several experts to help with projects; the main one being a web developer and SEO expert, who helped to build and promote our company website. We posted our project on OutsourceMyProject and within hours we received several great offers from experts in the UK, as well as other low cost economies, such as India. We went on to find a freelancer based in Wales, who built our website for 50% of our original budget!

“We’ve used OMP for the past 12 months now and have found freelance experts ranging from web developers, to PR consultants, and freelance graphic designers, who have all provided their services at a fraction of the price we were previously quoted from high street companies.”

During their time with OutsourceMyProject so far, Cedar Falls has not only found a website designer for just £350, compared to the high street quote of £1000, but they’ve also enlisted the help of a freelance logo designer, who turned out to be 83% cheaper than the quotes received from the high street. And, it’s not just a database of designers that OMP offers, as many content writers, admin support freelancers, and those with a solid understanding of search engine optimisation (SEO) are registered on the site too, saving Cedar Falls 67%, 60%, and 50% respectively.

By realising the potential of OMP, Cedar Falls successfully found freelancers to fulfill their business needs; all for a total cost that would only have paid for a website design on the high street. It’s no surprise that through using OMP, Cedar Falls have saved a total of 64% to date.

The case study of Cedar Falls illustrates how OMP can not only help businesses directly, but it’s also an aid in helping entrepreneurs to launch their business ideas at a significant saving. OMP makes it both easier and cheaper for business ventures to be launched, whilst also providing companies with what is sure to become a essential aid.

Through OMP, businesses can not only find the most suitable professionals to complete their work, but they can also make all-important savings along the way. In turn, this has allowed businesses to consequently become leaner, whilst also making it feasible for them to reduce their overheads, through the use of both freelance and online workers. This is, of course, perfect not only in a difficult economic climate, but perfect for the digital world as a whole, paving the way of the future.

Via EPR Network
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