Female freelancers have faced 'disproportionate financial struggle' during pandemic

09 Mar 2021

Research carried out by the Association of Independent Professionals and the Self-Employed (IPSE) has found that female freelancers have faced a 'disproportionate financial struggle' during the coronavirus (COVID-19) pandemic.

IPSE said that one of the key issues facing female freelancers is late payment. 49% of freelancers reported that they experienced being paid late before the pandemic, and 40% have been paid late since the pandemic.

22% of freelancers have not had enough money to cover basic living costs, and 23% have had no money to cover work-related expenses.

'The pandemic has brought disproportionate financial struggles on many self-employed women,' said Chloe Jepps, Head of Research at IPSE.

'It is clear that although more women have clung on in self-employment, of those freelancers who remain, the financial strain of the pandemic is hitting women harder, both practically and in terms of mental health. This is an area that both government and industry should look at – to ensure all self-employed people regardless of gender can enjoy the freedom of freelancing and play their vital part in economic recovery.'

Copyright

© 2024 Michael Letch & Partners LLP. All rights reserved.

We use cookies on this website, you can find more information about cookies here.
Contact Us

Please call:
01277 655 626

Quick links

Home | Contact us | Site map | Accessibility | Disclaimer | Privacy | Help |

Address
Michael Letch & Partners LLP, 146 High Street, Billericay, Essex CM12 9DF

Michael Letch & Partners LLP is a limited liability partnership registered in England and Wales with registration number OC328815.

Michael Letch & Partners LLP is also regulated by the Financial Conduct Authority to carry out specific activities and investment advice (registration number 112064).

The term ‘Partner’ is used to refer to a member of Michael Letch & Partners LLP. A list of members is open to inspection at our registered office at 146 High Street, Billericay, Essex, CM12 9DF.

Michael Letch & Partners LLP is registered as auditors in the United Kingdom by the Association of Chartered Certified Accountants