How Freelancers Spend Time

Did you know that more than half of freelancers work less than 30h/week, but only half of it is spent on billable activities? Even though they work less, freelancers need to charge more than traditional employees because half of their work time is non-billable.

Statistics about activities and time management in a typical workday in the life of a freelancer

How much time do freelancers spend working

Freelancers spend most of their time on the following activities:

Considering various improvements to their work routine

According to one survey, freelancers spend the following amount of time on their freelance work per week:

How much time freelancers work per week
How much time freelancers spend working

These figures indicate that the weekly norm of a freelancer is shorter than the weekly norm of a traditional full-time employee - however, a larger portion of the surveyed freelancers only freelance part-time, while also pursuing a regular job (66%, compared to the 44% who freelance full-time).

How much time do freelancers spend on billable work

The time you spend freelancing includes both billable and non-billable work, as is the case with full-time employees. Yet, freelancers may spend more time on this non-billable work, because they run their entire business themselves, and have to address a number of additional points.

For example, if we look at the figures from a survey that covered over 1,300 freelance writers (either full-time, or part-time), we get the following data for the time they spend on pure, billable writing:

How much time freelancers spend on billable work per week
How much time do freelancers spend on billable work

The largest amount of freelance writers (30%) spend less than 8 hours per week on billable writing - these figures may seem small, but also include writers who only freelance part-time.

The percentage of freelancer writers gradually decreases as the number of hours increases - only about 8% manage to draw out 31-40 hours of billable writing time per week.

How much time freelancers spend on finding work

Full-time employees get assigned with work by their immediate superiors, but freelancers often have to look for work themselves. Unless they find work on a regular basis, they aren't able to sustain their business, so they put in dedicated time and effort in this activity.

According to the data from the Payoneer 2017 research, the following industries spend the following number of hours on finding work:

The time freelancers spend looking for work
The time freelancers spend looking for work

Freelancers in the IT & Programming industry spend the least amount of time looking for new work - more than half (54%) spend up to 2 hours, and only 17% spend more than 7 hours searching for work.

Interestingly, although freelancers in the Legal industry command the highest global average hourly rates (28$), they also spend the most time looking for new work - 33% of them spend 7+ hours, and only 27% manage to find new work in 2 hours or under.

Why? IT experts are more likely to land long-term clients, while legal experts are mostly needed on singular projects, and for one-off legal advice.

How long do freelancers wait to get paid

Pay is an important factor in the freelancer's life, and freelancers shouldn't overlook the amount of time they need to wait for their payments to get processed.

As an example, here's how much time freelance writers have to wait before getting paid:

How long freelancers wait to get paid
How long freelancers wait to get paid

Unless payments are delayed for miscellaneous reasons, most freelance writers don't wait too long to get paid - more than half of freelancers (53%) wait from one week to one month for finalized payments. Only 3% wait more than two months.

How much time do freelancers spend on business management

Appealing to the target market is the best way to secure yourself a steady stream of work, so marketing is an important part of freelancer life, so you should devote enough time to it.

Marketing and promoting your expertise and skills can include:

When it comes to managing your business, it often includes the following activities:

Managing and promoting your business are both non-billable types of activities, but are both vital to keep your business operating - without them, you'd most likely find yourself out of business in a short time.

When it comes to freelance writers, here's how much time they spend on promoting and managing their business:

The time freelancers spend on business management
The time freelancers spend on business management

According to this data, freelance writers don't spend too much time on promotion and business management - most of them (38%) spend less than 2 hours on this type of activity. In total, only about 10% spend 1-2 full days, and only 5% spend two days or more.

A typical day in the life of a freelancer

Each freelancer has a different everyday routine - what they all have in common is their difference with traditional full-time employees, who typically have a more structured, less flexible day. Of course, this doesn't mean freelancers' days aren't structured, they're just prone to more changes, dictated by personal needs, or client's requests.

A typical day in the life of a freelancer infographic

How freelancers can make improvements to their time scheduling

Freelancers decide everything about their time, so they also have the sole privilege to decide how they can make improvements to their time management. This includes every change and tweak that will lead to finalizing projects earlier, taking care of miscellaneous work faster, and everything they can do to perform quality work, but still enjoy enough personal time with family and friends.

The aforementioned statistics are a great starting point, but all freelancers have their own, unique time results. To fully understand your freelancing business, you can use Clockify to track freelancing hours:

Billable vs non-billable summary report for freelancers

How to calculate billable hours

Once you have these time results, you'll be able schedule your day better, and consider where you can make improvements - work on reducing the amount of time you spend on one, less important activity, so that you have more time for another, more important activity.

Perhaps you'll find that you have room to spend more time on promoting your business, which will in turn up your job prospects; or find that some projects are more profitable, or that you spend too much time on tax preparation (in which case you'll consider turning to a professional agency).

Once you know how you spend your time, you'll be able to manage it better, as well as ensure you make the most of the time you spend on sustaining and improving your freelancer career.