Indian women freelancers have seen a substantial gain in their income in 2022 as compared to 2020. The Coronavirus pandemic has resulted in higher levels of satisfaction, owing to an increased work-life balance and flexibility in work schedules that the gig culture offers in specialized areas, a new report showed on Monday.
Indian women freelancers’ earnings observed a substantial increase of 42% in their average hourly earnings rate to $22/hour in 2022 against $14/hour in 2020, according to a global survey by American digital payments services company Payoneer.
In 2022, Indian women are earning 81 percent of what their male counterparts do with their average hourly rates at $22 per hour compared to men’s hourly rate at $27 per hour.
The report added that the combined average hourly rates of men and women now stand at $26 per hour. This was $21 in 2020.
Gender Gap Improved:
The report also stated that the gender gap in terms of pay for freelance work has improved in recent years. Now women have $22 per hour as compared to $27 per hour of males. Women earn 81% of what their male counterparts earn. This gap was 77% before COVID in 2020, the report added.
Surprisingly, in the USA, the gender gap is much more at 71%. India has more pay than the global average. This shows the wider acceptability of the work of Indian freelancers across the globe.
Young Freelancers Leading:
The report also stated that the freelance industry in India is dominated by people in the age group of 18-34 years. The majority of these get the work via online platforms and only a mere 7% get work via offline channels like referrals.
(With inputs from agencies)
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