HR · 3 May 2016

Freelancer confidence grows despite economic uncertainty

 

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Confidence is growing amongst freelancers, who recorded just 2.1 weeks of time not working in 2016 so far.
Just over two-thirds of the UK’s freelancers are just as confident or more so in their business performance than one year ago, recent statistics have shown.

In the first three months of 2016, freelancers recorded only 2.1 weeks of time not working, on average. This represents the closest to 100 per cent capacity that Britain’s freelancers have been operating at for the last 12 months.

The new survey conducted by the Association of Independent Professionals and the Self Employed (IPSE) also found that freelancers? personal brand and reputation in the marketplace were considered the most significant factors driving positive business performance, whereas government attitudes to freelancing, as in the last half of 2015, remained the most commonly cited factor to negatively affect business performance.

The most confident freelancers were revealed to be in technical support roles, including in the legal sector and healthcare.

Commenting on the survey results, IPSE CEO Chris Bryce said: This shows that freelancers are resilient. Most remain confident in their business even as they are less sure about how the economy will shape up in the next 12 months.

because they work flexibly, freelancers are in many ways much better equipped to deal with a volatile economic picture, Bryce went on to say.


 
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ABOUT THE EXPERT

Fred Heritage was previously deputy editor at Business Advice. He has a BA in politics and international relations from the University of Kent and an MA in international conflict from Kings College London.

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