Earn money - RentACoder

There is an increasing number of people going into the IT field in the Maldives. A lot of them are self-taught, quite a few of them sought help from local training centers and a number of others acquired academic training overseas. The problem however arises that there is only a limited number of jobs available. Additionally, for most of the jobs that are available, the applicant pool for that given job position tends to be quite large. This translates to low salaries and low overall income from the work.

Anyway, the issues aside, I would like to point to a resource for (additional) income earning in the Maldives - RentACoder. RentACoder is a US-based auction site for IT work. There are a variety of projects that pass through the site and they vary in complexity, the type of work, the expertise required and the time frame of the project. The projects are competed for by individuals and teams from around the world. The procedure basically involves signing up for the RentACoder service (which is free) and then bidding on the various projects that get posted there. The projects are always flowing in so one has to keep an eye constantly. Once you bid, the buyer selects the most suitable bid from the coders. The project thus begins and RentACoder does its job of acting as mediator and escrows the money from the seller to their account to make sure the coder can get paid for the work. Once the coder completes the work, the buyer reviews the final work and signs off completion. Sometimes, the coder maybe required to lodge progress reports and send updates of the work. RentACoder then makes available the funds to the coder. The coder has the options of being paid via PayPal or via Bank Checks. The bank check option is quite ideal for Maldivians as the checks get mailed to the coder. Best of all, the checks are in US dollars.

This was something I got into soon after my O'levels and started earning right after. I placed bids, competed, won some and soon had checks coming in! It is a good way to earn income and detach oneself from needing to have a job that requires physical presence. Take in a few projects a month and one would probably have more than a government or private salary would pay. Moreover, you would be doing the country a favour - by earning foreign cash! There seems to be many Indians in this overseas project grabbing business, isn't it time we get into it too?

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