Back To Career News

Everyone Will Have to Become an Entrepreneur [infographic]

At the rate that jobs are being outsourced, and with more and more companies choosing to bring in contractors instead of employees, a perfect storm is being created. That storm could result in a whole new world of entrepreneurs who could replace employees, as this Funders and Founders indicates.

At the rate that jobs are being outsourced, and with more and more companies choosing to bring in contractors instead of employees, a perfect storm is being created. That storm could result in a whole new world of entrepreneurs who could replace employees, as this Funders and Founders indicates.

Independent contractors cost a company 30 percent less than a regular employee because they don’t have to provide benefits, supervision or long-term pay. Companies are also outsourcing. Whereas a U.S. employee, such as a software developer, costs as much as $94,259 per year, a professional from countries like China and India can cost as little as $11,339.

Corporate changes such as these are causing employees to lose faith that their jobs will last. It also leaves them feeling de-valued and easily replaceable. Eventually, employees will seek out different methods of earning a living. The benefits of becoming an entrepreneur include the creation of value, taking risks, making life better and being ambitious.

Check out the infographic below for more revelations on why everyone will have to become an entrepreneur.

Do You Know What You're Worth?

More From PayScale

How to Recover From a Bad Interview

Learn to Keep Your Clients Happy From the Restaurant Industry

Learn How To Get More Retweets [infographic]

Everyone-an-entrepreneur-infographic

(Photo credit: Funders and Founders)

Marissa Brassfield
Read more from Marissa

Leave a Reply

Be the First to Comment!

avatar
  Subscribe  
Notify of
What Am I Worth?

What your skills are worth in the job market is constantly changing.