Saturday, June 12, 2010

Outsourcing Benefits for the Freelancer

By Ward Tipton

While it is very important for the individual who wants to work from home to know their skills and limitations, proper planning and selectively working from home on projects that they are both capable of and enjoy doing can have untold benefits. These benefits include being able to take complete control of their own lives and working when and how they please. The same advantages extend far beyond that base concept however.

Anyone who becomes an independent contractor will immediately begin to see advantages to this type of work. Anyone who becomes successful at it will see immeasurable benefits that can make life much better.

One of the greatest benefits is that of being able to work from home, or working where ever else may be pleasing to the contractor. If they wish to work at home, telecommuting and the advances in technology have made that a possibility. Web sites such as e-lance, script-lancer, GAF, Rent-A-Coder and others, have made it easy to find quality work from home. No matter what the selected area of expertise is, if it is in any way possible to do it on the internet, there are sites that help to make it happen.

This will allow the independent contractor to work during whatever hours are best suited for them personally, which is in itself a great benefit. If the person is a dedicated night owl who hates daylight as much as most people hate the dark, they can work solely at night and choose what jobs to take on. If the person has a family, maybe they wish only to work while the family is not around to offer distractions that may take away from the quality of their work. Whatever hours are best suited to the person; they can take full advantage of them and have the rest of their time as their own.

Working from home offers additional benefits as well. Money that would otherwise have to be spent purchasing gasoline to travel back and forth; that money can now be reinvested in other areas or put aside to pay for vacations or for other special purposes. Cooking and eating at home will also save unnecessary expenditure for costly lunches and snacks, which almost everyone enjoys while working in a more formal setting. The financial savings, if properly used to the contractor's advantage, will be a great benefit and allow the contractor to afford many nice things including vacations that were never available to them before.

Not having an oppressive boss hanging over one's shoulder all the time is certainly an added advantage. Many people do not work well under pressure, but still feel constantly pressured by a nagging boss. Being free of that pressure not only allows them to work faster, but provide better quality work as well. Knowing their own limitations is important, but many people are actually very surprised when they discover how much better they are capable of doing without somebody constantly looking over their shoulder.

Being able to enjoy time with family, time for vacations or just time to relax and do nothing at all is one of the main advantages. Time is the only commodity that we have that we can never replace. Life is much too short to be burdened with "What if" or "If only" when someone misses a once-in-a-lifetime opportunity. Money is earned, spent and will be earned again; material possessions can be lost and replaced; but time only comes around once. Once that fleeting moment is gone, it is gone forever.

It is still necessary to be careful with one's money. Perhaps that is even truer for the independent contractor who does not have the benefit of a steady paycheck. The rewards however, when taken into consideration and compared with the detriments, are great indeed. There is nothing like being able to enjoy time away whenever a person wants to. Travel on lesser-traveled days can increase enjoyment, service and even result in better prices for things that others are only capable of enjoying on time off when prices are usually higher.

For the outdoors enthusiast, sitting in a nice quiet setting with literally no other people around can not only be very pleasant and relaxing, but is often a great place for "brainstorming" and generating ideas and concepts for work. Trying this same feat when the park or woods are full of weekend warriors and screaming children can be an almost impossible task. The ability to control one's own personal time has many far-reaching advantages. If you want to learn more information about Freelancing click here.

2 comments:

  1. Hi Prachi, this is Nicole from vWorker (formerly known as Rentacoder). You've written a great article introducing the benefits of freelancing online. Another benefit of freelancing online is having access to a wide range of competitive services since many of them vary in what they can and cannot offer. Here's a quick run-down on some of the most important differences among the services you listed above:

    Fees:

    Workers on Elance cannot place more than 3 bids a month unless they pay a subscription fee ($9.95/month for 20, $19.94/month for 40 or $39.95/month for 60). The majority of sites do not charge subscription fees.

    Guru charges 10% in fees (5% if you pay for upgraded membership). In addition, Guru also charges $29.95/quarter - $129.95/quarter in fees. Plus workers on Guru are charged a 2% fee for arbitration. They are also charged 2.5% if the Employer uses Pay Pal, or charged up to 4% if the Employer uses a credit card.

    vWorker does not have any subscription fees or any other types of hidden fees. Our project fees are as low as 6% and we guarantee all types of unlimited work.

    Escrow/Guarantee of Payment:

    With pay-for-time type projects, neither Guru nor Scriptlance allows you to verify your time on pay-for-time projects by punching in and out of a real-time system, and conclusively prove to the Employer that you were working. As a result they do not guarantee payment, and if the Employer does not wish to pay you, you may end up with no money.

    vWorker allows you to verify your time spent on a project by punching in and out of a real-time card application which records your desktop and webcam. The end result is indisputable proof that you've worked and deserve payment.

    In addition, Elance does not offer escrowing on pay-for-time projects so payment is not guaranteed on these types of jobs. But Rent a Worker protects your money with escrowing on all job types.

    Arbitration:

    Elance charges $66.66 or $133.33 for each arbitration, which may make it too expensive to be a legitimate option on your project. In addition, a Employer intent on abusing the system can stall the start of arbitration on Elance for 21 business days and during this period your money is not available to you. You also won't find any detailed rules on how Elance arbitrators make their decisions.

    Guru's mandatory pre-arbitration processes allow an abusive Employer to stall the start of arbitration (and prevent you from accessing your money) for weeks. For example, Guru allows buyers up to 20 days in mandatory mediation before the site will force them into arbitration. You also won't find any detailed rules on how Guru arbitrators make their decisions.

    Scriptlance doesn't guarantee that if you complete the contract, you'll be paid the full amount, so if the Employer doesn't want to pay you, you can end up doing the work for free.

    At vWorker, we offer arbitration on all projects free of charge and we test your deliverables to make sure they meet requirements so that you can get paid. We also prevent abusive buyers from stalling the start of arbitration. As a result, 45% of our arbitrations are completed under a day. 75% under a week. We additionally publicize the detailed rules of how our arbitrators make their decisions.

    There are other differences as well. I invite everyone to compare the 7 major services through this link to learn even more: http://www.vWorker.com/RentACoder/DotNet/misc/CompetitorInformation/WhyRentACoder_ForSellers.aspx

    If you have any questions, please let me know. You can also call in to talk to a facilitator 7 days a week, or email us (see http://www.vWorker.com/RentACoder/misc/Feedback.asp).

    Nicole
    www.vWorker.com

    ReplyDelete
  2. Your blog comes up when you search for Paaya Nahari on Google. Do post more meat recipes.

    ReplyDelete