Multiplier Logo
Loading Animation Image

Global Work Glossary

Lost in a maze of global employment jargon? Find your way out with our handy collection of work and HR terminology

Search Icon
# A B C D E F G H I J L M N O P R S T U V W X Y Z


What is a Freelancer?

A freelancer is an independent professional who earns a living by providing specific services on a per-job or contractual basis, rather than working on a salaried basis for a single employer. Freelancers are often self-employed and offer their expertise in various industries such as writing, graphic design, software development, consulting, and more.

Professional Scope and Flexibility

Freelancers typically operate across a broad range of professions and sectors. They have the flexibility to choose projects that align with their skills and interests, allowing for a diversified work portfolio. This flexibility extends to their work schedules and locations, as many freelancers work remotely or from shared office spaces, adapting their environments to suit their personal and professional needs.

Advantages and Challenges

One of the primary advantages of freelancing is the autonomy it provides. Freelancers have control over their workload, clients, and, ultimately, their income. They can also potentially earn more per hour compared to their salaried counterparts due to the direct nature of their client relationships. However, freelancing comes with challenges such as irregular income, lack of employer-provided benefits, and the responsibility for managing all aspects of their business operations, including taxes and client acquisition.

Impact on Career Development

Freelancing can significantly impact an individual’s career development. It offers opportunities for rapid skill advancement and networking in various industries, enhancing a freelancer’s professional value and marketability. Furthermore, it encourages continuous learning and adaptation, skills highly valued in today’s dynamic job market.

Freelancing represents a significant segment of the modern workforce, offering professionals independence and flexible career opportunities. It suits those who seek variety in their work and have the discipline to manage their business affairs effectively.

Ready to take the leap? Choose Multiplier as your EOR partner

Gain fresh perspectives

Take a look at our new blogs and e-books


Multiplier named Industry Leader and IEC Star in the 2024 IEC Global EOR Study

Read more

Mp More Link Arrow Right
Top Six Places in the USA and Beyond That Pay You to Live There

Top Six Places in the USA and Beyond That Pay You to Live There

Read more

Mp More Link Arrow Right
Security by Design

Security by design: Multiplier is SOC 2 Type 2 compliant and ISO 27001:2022 certified

Read more

Mp More Link Arrow Right
Footer 24x5 New Img2x

An all-in-one international employment platform