Freelancer Financials

Contracting Matters Blog

What are the differences between freelancers and contractors?

Posted by John Yerou on May 23rd, 2014 in Contracting Matters Blog

contractors-v-freelancers-sIn the aftermath of the credit crisis, freelancing has grown at an unfaltering rate in the UK. Since 2009, the number of self-employed workers has grown by 6.3%. Compare that to only a 2% rise in the overall job market and we wonder where this growth’s coming from.

There are two major contributory factors:

  • many who lost their jobs during the economic turmoil saw self-employment as no greater risk than a permanent role;
  • information technology has eradicated the communication barrier of working from home.

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