According to a report by Deel, a 27% hike in salaries of Pakistani freelancers has been noted. An average Pakistani freelancer earned nearly Rs6 million, it said.
According to a report by a San Francisco based organization Deel, Pakistani freelancers’ salaries are among the world’s fastest-rising. The Covid-19 pandemic and advances in communications technology have assisted in globalizing the market and have created opportunities for people in developing nations to work remotely at higher wages, said that report.
Mexico (57%) experienced the highest rise in freelance earnings, followed by Canada (38%), Pakistan (27%), and Argentina (21%). Freelance salaries in India rose by only 8%, the Philippines 7% and Russia 4%.
A survey conducted by Payoneer in 2019 showed that Pakistani women freelancers were earning $22 an hour, 10% more than the $20 an hour by men. Pakistani male freelancers earnings are at par with the global average.
Freelance employment experiences can also lead to digital enterprises. In terms of Pakistani IT startups, 2021 was a landmark year.
The San Francisco startup Deel employs more than 250 experts in the legal, accounting, mobility, and taxation domains. It allows any organization to create, sign, and publish localized contracts that are compliant and pay teams in more than 120 currencies with just one click. Workers can access their salaries using cryptocurrencies like USDC, Ethereum, Solana, Dash, and Bitcoin.
Also Read: CM lays Nawaz Sharif IT City’s foundations in Lahore…
