| These days the concept of online working and | | | | alone or with only a secretary and makes the |
| home working is gaining a lot of popularity | | | | bookings of different projects from various |
| and people get anxious when they hear about | | | | clients! He then posts these jobs at a |
| the idea. As it is a new concept and the | | | | freelancing website mentioning all the |
| nature of this type of work is completely | | | | details and the results that he wants from |
| different as compared to the traditional 9-5 | | | | the freelancer. Those freelancers who can do |
| jobs, there is a lot of potential in this | | | | the job will apply for it and make a bid for |
| type of work. One big reason of the success | | | | it. As there would be several potential |
| of this type of work is "cheap labor". | | | | candidates for the job, they would compete |
| Consider someone sitting in the US running a | | | | with each other by lowering their bid |
| small software house in which he employs half | | | | amounts. In this way the employer can select |
| a dozen employees in order to complete | | | | one of these candidates and give him/her the |
| various projects of the firm's clients. The | | | | job. He/she will then complete the job as |
| employer has to pay salary to these employees | | | | specified to him/her. Note that these |
| according to the local pay scale which indeed | | | | candidates will do the job for much lesser |
| is very high. Therefore the total costs in | | | | amount. The reason behind this is that most |
| terms of staff salary are quite high which | | | | of these freelancers belong to developing |
| definitely reduces the profit quite | | | | countries such as India, Pakistan, Bangladesh |
| considerably. | | | | and Filipina where pay scales are on much |
| | | | lower side and would therefore readily do the |
| Now let us apply the concept of online work | | | | job for you. |
| to this scenario. What if the employer works | | | | |