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Over one-third of Brits are ready to quit jobs for 20% less Pay as full-time content creators!

Over one-third of Brits are ready to quit jobs for 20% less Pay as full-time content creators!

Recent research conducted by marketing experts at FATJOE has unveiled a significant shift in the working culture of Brits. The survey, which focused on the gig economy and surveyed 500 individuals in the UK aged between 20 and 54, revealed that an impressive 37% of content creators are ready to sacrifice 20% of their income to pursue a full-time career in content creation, challenging the traditional 9-to-5 job model. 

Interestingly, 41% of men, in contrast to 33% of women, are willing to take a 20% pay cut to pursue full-time content creation. Notably, individuals aged 25 to 34 are more likely (44%) to opt for a career shift to become full-time content creators. Delving further into the demographics, the research revealed that 52% of respondents proudly identify as content creators. Among them, 17% are podcasters, 23% are bloggers, and 12% are social media content creators. Men play a dominant role, comprising 62% of creators, and women actively contribute at a significant participation rate of 46%.  

But this vibrant tapestry of content creation is not without challenges. The potential impact of a UK law targeting side hustles earning £1,000 or more puts content creators on the brink of a tax crunch. Further exploration of income brackets reveals that 27.8% of content creators fall within the scope of this law. 

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A noteworthy discovery from the research is that women outperform men in this market. A higher percentage of women (37%) earned £500-£999 in the last 12 months, surpassing men (26%). Moreover, at higher earning tiers, women take the lead, with 10% earning £2,000 or more, compared to 8% of their male counterparts.

The research also delved into city-specific data. London emerges as a hotspot for high earners, with 10% making £5,000 or more. Nottingham and Manchester follow suit, with 5% of content creators making £5,000 or more, while Belfast and Norwich, hidden hubs of online talent, have 67% and 60%, respectively, earning £500-£999 in the past year. Southampton rose in influence as 17% of content creators earned £2,000-£4,999.

Commenting on the findings, a spokesperson at FATJOE stated, “This survey sheds light on the transformative role of content creation in the digital age. The willingness of individuals to trade traditional careers for a shot at full-time content creation reflects the evolving nature of work and income streams. The survey captures the pulse of a nation deeply immersed in the art of content creation and raises crucial questions about the future of work and the challenges these creators may face.”

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