Online freelance jobs providing good income for Pinoys – survey

By Espie Angelica A. de Leon

A global survey has found that online freelance workers in the Philippines are generally happier with their earning capacity compared to their counterparts in other countries.

Photo credit: Payoneer

Photo credit: Payoneer

New York-based digital payments firm Payoneer presented recently the results of the Payoneer Freelancer Income Survey 2018 during a media event at the Discovery Primea Hotel in Makati.

Drawing more than 21,000 respondents from 170 countries of whom 44% were under the age of 30, the survey was undertaken to help freelancers who work online for foreign clients benchmark their rates and establish their market value.

According to the survey, the average hourly rates of Filipino freelancers range from $9 to $17 with the global average hourly rate pegged at $19.

“This could have something to do with the fact that 75% of the people that responded said that they actually work from home, which means that they have very good work life balance and even avoid the grueling traffic in metro cities all over the Philippines,” said Miguel Warren, Payoneer regional head for Southeast Asia, Bangladesh, Pakistan, and Sri Lanka.

“I think that this is a very encouraging sign that Filipinos no longer need to leave the country to be satisfied and to earn a dollar income,” he added.

Administrative and customer support, sales and marketing, writing, and translating figured as the top three specialties where Filipino online freelancers are engaged in.

However, Payoneer still sees a lot of potential to be tapped in Filipino online workers.

The survey showed that globally, IT and programming, design and multimedia, and finance and management pay between $19 to $21 per hour.

In his presentation of the survey’s findings, Warren mentioned that the Information Technology and Business Process Association of the Philippines is encouraging Filipinos to venture into software development, animation and creative outsourcing, and game development to deliver higher value services.

“We believe that getting the Filipino talent to this level will continue to cement our position as a preferred destination for the delivery of quality outsourced services,” said Warren.

The survey also indicated that 85% of Filipino freelancers are bachelor’s degree holders.

With its fast payments, flexible and low-cost solutions, Payoneer offers an alternative to costly wire transfers and card payment processing solutions.

Since opening in the Philippines in 2016, the fintech company has registered a 359% growth in monthly payment volume and a 375% increase in the number of active monthly users.

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