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Pakistan Gig Economy: Women Freelancers Earning 10% More Than Men

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A global  survey conducted by Payoneer , a global payments platform company based in Silicon Valley, shows that Pakistani women freelancers are earning $22 an hour, 10% more than the $20 an hour earned by men. While Pakistani male freelancers earnings are at par with global average, Pakistani female earnings are higher than the global average for freelancers. Digital gig economy is not only helping women earn more than men but it is also reducing  barriers to women's labor force participation in the country. The survey also concludes that having a university degree does not help you earn more in the growing  gig economy . The  survey  was conducted in 2015. Freelancers Hourly Rate by Gender. Source: Payoneer An average Pakistani freelancer working 34 hours a week at $20 an hour earns $34,000 a year, or Rs. 5.7 million a year, a small fortune for a young Pakistani. This is one of the upsides of the online global labor market for skilled young men and w...

Standard Chartered Bank: Pakistan Among Most Upwardly Mobile Emerging Nations

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Pakistan is among the most  upwardly mobile  nations in the world, according to a new Standard Chartered Bank study titled "Climbing the Prosperity Ladder". The  Standard Chartered study  looks into social mobility, financial proficiency and digital savviness among 11,000 emerging affluent consumers in China, Hong Kong, India, Indonesia, Kenya, Malaysia, Nigeria, Pakistan, Singapore, South Korea and the UAE. 34% of Pakistani respondents said their incomes have increased by more than 50% over the last 5 years while 44% said they have seen 10% or more income growth in the last year. Socially Mobile Income Growth. Source: Standard Chartered Bank China, India and Pakistan: Standard Chartered study talks about the  " fast-growing economies of China, India and Pakistan are providing abundant opportunities for scaling the social pyramid".  Here's an excerpt of the Standard Chartered report: The fast-growing economies of China, India and Pakistan are pr...