Pakistani Freelancers Enjoy Massive Increase in Earnings

Pakistani Freelancers Enjoy Massive Increase in Earnings

Working as a freelancer or remotely for foreign employers is becoming increasingly popular around the world, including in Pakistani Freelancers. Which is one of the top countries in terms of providing skilled human resources in high-demand fields.

According to a survey released by Deel, a San Francisco-based hiring company, Pakistani professionals working remotely for foreign employers not only made it to third place in the world, but they also received handsome pay raises from their employers.

According to the \”State of Global Hiring Report 2021\” publish by San Francisco-based Deel, salaries of Pakistanis hired for remote work by foreign employers are among the fastest rising in the world.

Mexico (57%) had the highest salary increase among international online hires, followed by Canada (38%), Pakistan (27%), and Argentina (27%). (21 percent). Salaries for global hires from India increased by 8%, 7% in the Philippines, and 4% in Russia. Deel has hired people in the Philippines, India, and Pakistan, the top three countries in the Asia Pacific region.

The exact salaries paid in Pakistan after the 27 percent pay hike were not disclosed in Deel\’s report. Software engineers, account executives, quality assurance engineers, product designers, and consultants are among the top roles hire through Deel.

The pandemic and recent advances in communications technology assist in the globalization of the labor market for talent, allowing people in developing countries to work remotely for global companies at higher wages.

Deel\’s partners include over 250 legal, accounting, mobility, and tax experts. According to the company\’s latest report on global hiring, any business can create, sign, and send compliant localized contracts and pay teams in more than 120 currencies with a single click. It enables contract workers to withdraw a portion of their pay in cryptocurrency, including Bitcoin, Ethereum, Solana, Dash, and USDC.

Pakistani Freelancers Among the Highest-Paying

According to a global survey conducted by Payoneer in 2019, Pakistani women freelancers earn $22 per hour, 10% more than men\’s $20 per hour. While Pakistani male freelancers earn about the same as the global average, Pakistani female freelancers earn more than the global average.

The digital gig economy is not only assisting women in earning more than men. But it is also lowering barriers to women\’s participation in the labor force in the United States. According to the survey, in the growing gig economy, having a university degree does not help you earn more. In 2015, a survey was conducte.

A typical Pakistani Freelancers earning $20 per hour for 34 hours per week earns $34,000 per year. Or nearly 6 million Pakistani rupees, a small fortune for a young Pakistani. For skilled young men and women in developing countries like Pakistan. This is one of the online global labor marketplace benefits. In Pakistan, freelancing experience can sometimes lead to tech startups. In Pakistan, the year 2021 was a watershed moment for tech startups.

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