Freelance - Term Overview

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The freelance is that labor figure in which the worker exercises his profession on his own account and doesn't work for another person or company.

The figure of the freelance or freelance is very important and recognized in many countries. The freelance model allows you to work autonomously and assume the payments to social security and common contingencies, collect or pay the difference between the value added tax (VAT) charged and borne, or invoice for the service provided. This same person who acts as a freelancer can hire more people to carry out her task acting as a virtual network of freelancers.

Characteristics of the freelance worker

The freelance worker lacks health insurance and compensation in case they lose their job. However, on the other hand, it has more flexible hours and is usually better paid than a permanent employee since it has to cover additional costs when compared to a permanent worker.

By not having a stable income system, the freelancer must know how to anticipate his retirement (through a pension plan ), illnesses that he may have and the temporary decrease in income. From the point of view of the employer, the professional relationship with the freelancer is direct and can improve efficiency in the work entrusted.

It's important to note that the freelancer has to take responsibility for organizing his legal affairs, accounting and contracts, as well as managing all taxes on his own.

One of the most notable advantages of being a freelance worker is that it allows you to set your own work times and do it at your own pace, being yourself your own boss.

Within the freelance industry, we find writers, designers, translators, web developers, commercial agents, among others.

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