If you are into freelancing, there is definitely no time better than now! With the advent of the ‘gig economy’, everyone has jumped onboard the freelance market. There are plenty of opportunities and good money that is waiting for talented and committed professionals who are willing to accept freelance projects.
A rapid increase in technological tools and adoption of high-speed Internet has made it possible for freelancers to work remotely in a flexible manner. They can pick and choose projects of their choice, and do away with long tiring commutes.
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The best part is that there are tons of high paying jobs if you choose to freelance. According to Upwork, 73% of freelancers in the United States feel that they make more money than they would in a traditional job setting with a single employer.
So why would you want to settle for less? Going freelance does not mean that you have to struggle for money; rather it could make you an instant professional superstar who can charge a handsome amount of money.
The job market is vast and there are plenty of skills that are in heavy demand. Freelancers with expertise and knowledge will always be picked up for the best gigs in town. To help you understand the market better and help you grab the highest paying freelance jobs available, we have compiled a list of these lucrative options.
7 Highest Paying Freelance Jobs In 2020
1. Web Development:
One of the most in-demand freelance skills, web development is a great option for anyone to earn money online. The field has ‘low entry barriers’, and does not require an investment for any kind of specialist tools.
Some of the more technical freelance projects require ‘full-stack developers’, however the larger majority of jobs are much simpler. Most web development freelancers get projects that require them to modify or install WordPress or create basic portfolio sites using markup languages HTML and CSS.
Companies are always on the lookout for freelancers willing to take up web development projects, and pay them big bucks – either by the hour or an entire project fee. Even though the web design and development industry is quite crowded in the moment, work on creating a niche identity so that you can grab the best freelance jobs and make it a lucrative career option.
2. Programming and Software Development:
It is challenging to locate highly qualified and educated programmers due to the abundance of programming options in the freelance work market. Companies of all sizes are looking for talented full-stack engineers to staff their software development and mobile app development teams. When companies hire full-stack developers, they get solutions suited to their unique requirements. These programmers may oversee various stages of development, guaranteeing a well-rounded and thorough strategy for fulfilling the needs of the business.
It is important for freelancers to know not just the basics, but invest time and money in learning the required coding skills. You need to be really good at your programming languages and have rock-solid knowledge about fields such as WebGL and iOS. Armed with the requisite knowledge and qualifications, software development can help freelancers pile up on tons of money by charging great rates for their projects.
3. Content Writing:
There is an explosion in the digital content industry and lots of opportunities for good writers. Pretty much anyone with a command over languages, creative mindset, and good grammar can get into the content writing field.
There are many different jobs available for freelancers – they can write corporate blogs, publish articles or white papers. Companies also pay a hefty amount to content writers to formulate press releases, and handle their social media accounts.
One of the most advantageous aspects of content writing is that it is completely possible in a remote location. Content writers can deliver the requirements through email or Google Docs, without any hassles. They can use invoicing tools for freelancers to handle the payment in an organized manner, and manage their career effectively.
4. Translation:
There is a huge demand for good translators as the digital content industry is growing at a fast pace. Any individual who is multilingual and has command over two or more languages can take high-paying translation work projects. As a translator, the job requires you to convert written or audio text from one language to another.
You may choose to be a live translator too, and undertake freelance projects to facilitate two-way communication between two individuals who do not speak the same language. The more languages that you are fluent in, the more diverse will be your freelance work portfolios. Translation services are definitely a great monetary option for freelancers that are passionate about languages.
To ensure translators maintain consistency across projects, the use of technologies like Translation Memory (TM) becomes paramount. This technology stores and retrieves previously translated content. As the digital content industry expands, the efficiency gains offered by TM tools are invaluable. Translators can capitalize on their linguistic skills, taking on diverse and well-paying projects.
5. Video Editors:
Video editing is a functional area of expertise that has grown in popularity due to the increase in usage of the Internet. A good video can make a lot of impact on a brand’s reputation; hence there is a lot of work for skilled video editors.
In order to make superior quality videos, freelance editors must have technical knowledge and must be familiar with tools such as Adobe Premiere Pro. Freelancing in video editing can pay handsomely and is a lucrative career for anyone that can put together creative video clips and movies.
6. Internet Marketers:
The Internet is a dynamic medium that can make a tremendous difference to any organization’s long-term marketing strategy. Freelance digital marketers can help a brand reach a larger target audience by using a combined approach of social media marketing, search engine optimization, and defined email marketing strategies.
Almost every business, irrespective of size or industry needs Internet marketers to ensure a deeper connection with online audiences. This has opened massive opportunities for freelancers in the field, and they can command high prices depending on their skill and experience.
7. Data Security Specialist:
With the advent of big data and artificial intelligence, companies are spending time and money to ensure that sensitive information remains safe from unauthorized personnel. This has led to an increase the demand of data security specialists in the freelance market.
A security specialist ensures that data is encrypted, and prevents hacks by implementing firewalls and multi-level user access control. Organizations do not want to risk any cyber threat attack; hence if you have knowledge about IT security procedures, taking up freelance projects in the sector will prove to be a beneficial career option.
Conclusion
One of the biggest myths regarding freelancing is that it’s not serious work and doesn’t pay well. Well, that’s busted for sure. If you are committed to your field and excellent in your work, there are plenty of high-paying projects in the market.
A dramatic rise in new work technologies and communication platforms has made it easy for freelancers to collaborate with other team members in the parent organization. There are diverse accounting software, and time management solutions that enhance productivity for freelancers, and help them save them.
Do not hold yourself back from entering the freelance arena as it has a lot to offer in the long run. There is definitely no better time to be a part of the freelance ecosystem. Jump onboard for a host of high-paying opportunities – the sky is your limit with these high-paying freelance jobs!
Khyati Sagar is a seasoned HR and payroll expert with over a decade of experience in the field. She has worked with businesses of all sizes, from small startups to large corporations, helping them optimize their HR and payroll processes. As a passionate advocate for technology-driven solutions, she is always on the lookout for the latest advancements in HR and payroll software. When she’s not working, you can find her hiking or playing basketball with her friends and family.
