The freelance industry is expected to keep growing in the coming year, according to the country manager of Payoneer Philippines.
THE freelance industry is expected to keep growing in the coming year, according to the country manager of Payoneer Philippines.
According to the Payoneer official, this “benefits freelancers, too, since we have seen how they can enjoy a good work-life balance while still sustaining themselves, especially with the convenience, and practicality of earning in USD without leaving the country.”Payoneer is one of the leading global payments platforms that partners with freelancers, small and medium-sized businesses , marketplaces, and enterprises.
The study noted that over two thirds or 68 percent of the freelancers it surveyed believe demand will continue to grow into 2023, in line with the findings from US-based freelancing platform Upwork report that 45 percent of the companies plan to hire more freelancers in the near future. In Asia Pacific, Payoneer said 44 percent those who responded to the survey are within the age group of 25 to 34 years old; 31 percent are within 18 to 24 years old; 18 percent in the 35 to 44 age group and 7 percent are 45 years old and above.
When asked if they are satisfied with the freelancing lifestyle, over 80 percent of the freelancers surveyed are either satisfied or very satisfied. Interestingly, close to one-third of the respondents said they were “very satisfied”, while only 3 percent feel unsatisfied.
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