Hi, friends!!
So the topic I have taken for today’s blog might sound an easy topic to talk about but actually, it is not. Today I’ll talk about freelancing vs. full-time job. Earlier people used to think that nine to five job is the best career option to choose, but nowadays people have changed a lot in terms of their career options. Nowadays people want to be more liberal & independent at their workplaces. They do not want to follow their boss’s order they want to have their own staff whom they can give orders, but do you really think that all of this are as simple? Actually making a choice between freelancing & a full-time job is totally depends on person to person. It is not necessary that if a person wants to set his/her career as a freelancer he/she has the potential to do so & vice versa if someone is doing a full-time job or wants to opt full-time job as a career, again it is not necessary that he/she does not have the talent to become a freelancer. So in this blog, I am just going to make the comparison between two of these career options & then you decide which is going to be your career preference.
If I talk about freelancing what are the things come first into our mind comfort zone, liberty, flexible work pattern etc: so let’s know some of the pros & cons of the freelancing first.
PROS & CONS OF FREELANCING:
As a freelancer, you get more feasibility in your working hours & working environment. You can adjust your working hours as per your convenience. You can make your own choices in choosing your projects & assignments what your heart allows you to do. You can also easily maintain your social & family life along with your work.
2) DECISION MAKING:
When you start freelancing the person you will find who takes strong & big decisions for your business is only you. You will be your own boss. It is kind of a good thing & a bad thing at the same time being your own boss will make the things very difficult to take any strong decision because, you know whether that decision is right or wrong no one is going to guide you for that. Not having a boss or a senior authority also means that you do not have anyone who can push you further & measure your progress but the best part is you are not accountable to anyone.
3) YOU ARE THE ONLY ONE WHO HAS TO ENDORSE YOURSELF:
At the initial stage of your freelancing, you need to market or promote yourself wherever you go, in parties, functions between your family members & friends to everyone you need to talk about what you are offering. Some people may like it some may not but you have to do this & if you are a silent kind of a person then it is going to be a little tough job for you.
4) DOWNFALL:
In any sort of business, there must be a time when your business has to face a downfall phase. This phase is very difficult for everyone to go through, but in a way, this phase of your business will make you stronger & will push you to think out of the box to make a great comeback in the business with new & improved ideas.
5) EARNINGS & TAXES:
As a freelancer you know that whatever hard work you will put into your business it will come back to you as your earnings which also works as a kind of a motivation for you because the more hard work you do the more money you will earn & even you can take care of all the taxes which you need to pay by yourself. No doubt in business you always have a huge risk for the money which you have invested in but then business is all about taking risk am I right?
PROS & CONS OF FULL-TIME JOB:
Like freelancing, full-time job employ does not get the feasibility in their working hours & working environment. They have to follow the stander nine to five working hours & even sometimes they have to do overtime, due to this they neither can pay attention to their families nor they can enjoy their social life but on the other hand they have their paid leaves which is not possible in freelancing if you take leave in freelancing somehow it will definitely affect your business. In salary jobs, you are not supposed to make your own choices for your projects & assignment you have to work on whatever you are asked for.
As a full time employ you are free from all the ups & downs & hard time of the business. You just need to complete your projects & assignments & your salary will be sent to you at the end of the month & even if you are a government employ you will also be benefited with the pension facility. No investments risks.
- HEALTH INSURENCE POLICIES:
If you are a full-time job employ you don’t need to worry about your health insurance all of these will be taken care by under your company’s policies but in freelancing you have to manage all of these on your own which is quite difficult initially.
In terms of paying taxes full-time job & freelancing both have their own benefits in a way, it’s up to you which one you rather prefer. If you are a full-time employ you will get your salary after deducting all the taxes so there is nothing much left for you to take care of. In terms of earning there is a drawback with full-time job employ that you have a fixed salary & it will only increase after a certain period of a time & that too in a quite limited way whether you work more than your fixed hours. In some companies, they have some incentive programs but not every company have such programs.
MY WORDS ON THIS:
I’ve tried to cover maximum points as I can & made an easy comparison for you between both of these career options. Now you decide which is going to be your favorite career option.
