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Is Freelancing the Future for Millennials?

Is Freelancing the Future for Millennials?

Recently, there have been a number of predictions that by the year 2020, the majority of Millennials will no longer be in an office job, instead choosing the life of a freelancer. Why would this generation leave a cushy, guaranteed paycheck from a corporate career to go and do odd jobs and contracted work on their own? Here are five reasons why Millennials love freelancing, and why it’s definitely here to stay:

You can use multiple skills.

Millennials tend to have a variety of interests and skills, from graphic design to charity work and everything in between. Being tied down to a job where they are forced to use the same skill set on a daily basis is exhausting and frustrating for this generation. Being able to freelance means Millennials can pick and choose which skills to use, and don’t have to narrow down their interests to one specific field. For Millennials, freelancing means one day they could be shooting and editing a viral video campaign, and the next raising funds for a charity event.

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You remain connection-conscious.

This generation is well aware of their network and how to use it, probably because the idea of social media and digital connections has been a part of their lives for so long. Unlike previous generations, Millennials have no problem calling upon even the loosest of connections, like one of the distributors you worked with for a month years ago. Because of this value they place on networking and their ability to grow connections, freelancing makes perfect sense, since they have so many contacts to call upon for referrals or contracted work.

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You have flexibility.

There has been an abundance of research on how Millennials hate the standard 9-5 job, yet for the most part, the corporate world has yet to respond by allowing flexibility in these hours. Instead, some Millennials have opted for a freelance career, where they can choose their own hours, and still make time for life outside of work. This generation of employees doesn’t want to punch in and out on a daily basis, but rather work at their own pace, during hours they feel the most productive. That’s not to say that this generation is lazy, but rather that they see the importance of a work-life balance more than any other generation, and are willing to switch to a freelance position to obtain it.

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You incur less risk.

It may seem like freelancing carries more risk than a steady office job, but to Millennials, that’s not the case. This generation entered their careers at the height of the recession, so they’re all too familiar with cut-backs and layoffs. By being a freelancer, Millennials are able to invest less in one client and therefore, carry less risk. If one client does decide to make cuts and get rid of the freelance work, the Millennial still has others waiting in the wings.

You can create your own culture.

Many Millennials leave office jobs or job-hop from one to another not because of pay, but because they are dissatisfied with the culture or the work value. Being a freelancer means Millennials get to define their own work culture and make an impact with their own decisions. Millennial freelancers do not have to deal with office politics or rigid rules, and do not feel low on the totem pole when it comes to decision-making. Freelancing gives Millennials the power of being in control without slaving away to climb up the corporate ladder.

Being a Millennial freelancer also means being your own leader. See if you have what it takes to drive your career to success with this free leadership assessment courtesy of Joel Goldstein!

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Last Updated on March 29, 2021

5 Types of Horrible Bosses and How to Beat Them All

5 Types of Horrible Bosses and How to Beat Them All

When I left university I took a job immediately, I had been lucky as I had spent a year earning almost nothing as an intern so I was offered a role. On my first day I found that I had not been allocated a desk, there was no one to greet me so I was left for some hours ignored. I happened to snipe about this to another employee at the coffee machine two things happened. The first was that the person I had complained to was my new manager’s wife, and the second was, in his own words, ‘that he would come down on me like a ton of bricks if I crossed him…’

What a great start to a job! I had moved to a new city, and had been at work for less than a morning when I had my first run in with the first style of bad manager. I didn’t stay long enough to find out what Mr Agressive would do next. Bad managers are a major issue. Research from Approved Index shows that more than four in ten employees (42%) state that they have previously quit a job because of a bad manager.

The Dream Type Of Manager

My best manager was a total opposite. A man who had been the head of the UK tax system and was working his retirement running a company I was a very junior and green employee for. I made a stupid mistake, one which cost a lot of time and money and I felt I was going to be sacked without doubt.

I was nervous, beating myself up about what I had done, what would happen. At the end of the day I was called to his office, he had made me wait and I had spent that day talking to other employees, trying to understand where I had gone wrong. It had been a simple mistyped line of code which sent a massive print job out totally wrong. I learn how I should have done it and I fretted.

My boss asked me to step into his office, he asked me to sit down. “Do you know what you did?” I babbled, yes, I had been stupid, I had not double-checked or asked for advice when I was doing something I had not really understood. It was totally my fault. He paused. “Will you do that again?” Of course I told him I would not, I would always double check, ask for help and not try to be so clever when I was not!

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“Okay…”

That was it. I paused and asked, should I clear my desk. He smiled. “You have learnt a valuable lesson, I can be sure that you will never make a mistake like that again. Why would I want to get rid of an employee who knows that?”

I stayed with that company for many years, the way I was treated was a real object lesson in good management. Sadly, far too many poor managers exist out there.

The Complete Catalogue of Bad Managers

The Bully

My first boss fitted into the classic bully class. This is so often the ‘old school’ management by power style. I encountered this style again in the retail sector where one manager felt the only way to get the best from staff was to bawl and yell.

However, like so many bullies you will often find that this can be someone who either knows no better or is under stress and they are themselves running scared of the situation they have found themselves in.

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The Invisible Boss

This can either present itself as management from afar (usually the golf course or ‘important meetings) or just a boss who is too busy being important to deal with their staff.

It can feel refreshing as you will often have almost total freedom with your manager taking little or no interest in your activities, however you will soon find that you also lack the support that a good manager will provide. Without direction you may feel you are doing well just to find that you are not delivering against expectations you were not told about and suddenly it is all your fault.

The Micro Manager

The frustration of having a manager who feels the need to be involved in everything you do. The polar opposite to the Invisible Boss you will feel that there is no trust in your work as they will want to meddle in everything you do.

Dealing with the micro-manager can be difficult. Often their management style comes from their own insecurity. You can try confronting them, tell them that you can do your job however in many cases this will not succeed and can in fact make things worse.

The Over Promoted Boss

The Over promoted boss categorises someone who has no idea. They have found themselves in a management position through service, family or some corporate mystery. They are people who are not only highly unqualified to be managers they will generally be unable to do even your job.

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You can find yourself persistently frustrated by the situation you are in, however it can seem impossible to get out without handing over your resignation.

The Credit Stealer

The credit stealer is the boss who will never publically acknowledge the work you do. You will put in the extra hours working on a project and you know that, in the ‘big meeting’ it will be your credit stealing boss who will take all of the credit!

Again it is demoralising, you see all of the credit for your labour being stolen and this can often lead to good employees looking for new careers.

3 Essential Ways to Work (Cope) with Bad Managers

Whatever type of bad boss you have there are certain things that you can do to ensure that you get the recognition and protection you require to not only remain sane but to also build your career.

1. Keep evidence

Whether it is incidents with the bully or examples of projects you have completed with the credit stealer you will always be well served to keep notes and supporting evidence for projects you are working on.

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Buy your own notebook and ensure that you are always making notes, it becomes a habit and a very useful one as you have a constant reminder as well as somewhere to explore ideas.

Importantly, if you do have to go to HR or stand-up for yourself you will have clear records! Also, don’t always trust that corporate servers or emails will always be available or not tampered with. Keep your own content.

2. Hold regular meetings

Ensure that you make time for regular meetings with your boss. This is especially useful for the over-promoted or the invisible boss to allow you to ‘manage upwards’. Take charge where you can to set your objectives and use these meetings to set clear objectives and document the status of your work.

3. Stand your ground, but be ready to jump…

Remember that you don’t have to put up with poor management. If you have issues you should face them with your boss, maybe they do not know that they are coming across in a bad way.

However, be ready to recognise if the situation is not going to change. If that is the case, keep your head down and get working on polishing your CV! If it isn’t working, there will be something better out there for you!

Good luck!

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