Experience is the best Teacher in life, said Imam Ali (a.s).
I am not a freelancer, I am doing a job as an Author on several technology websites, and IntoGuide.com is one of them. Since I have never done a freelancing job I thought it would be better to write this post by a freelancer. That time we will know working in an office or being a freelancer is better. Although there is a huge discussion about freelancing vs job on Quora.
For this tutorial, we will cover the following titles about freelancing vs Job in a company.
- Flexibility in freelance vs employee
- Control over Work as a freelancer and Employee
- Job Security
- Freelance vs Full-time Salary
- Health insurance and incentive
Freelancing vs a job in a company, which is better? The answer is not easy. They each have their advantages and disadvantages, and which one is right for you depends on your personality and the way you work. To help you make a decision, I’ll examine how freelancers compare to paid employment in a number of different areas, such as flexibility, control over your work, job security, and more.
Regardless of whether you’re sitting in a work area of freedom or getting a board of freelancing, this article will assist you with settling on the decision. It’s also useful if you are just starting out in your career and want to know which path to go.
First, a quick note on definitions. The roles of freelance and salaried employees are blurring to some extent these days, but for the purposes of this article, I will assume that “salaried employees” work full-time for a single company on a contract and a regular paycheck work for different clients.
How Flexibility works for employees?
Today, many companies are improving their work-life balance, but employers still have a long way to go. Many employees work much longer than the previous “nine to five” standard and are now likely to be reachable by email outside of the office. Part-time work, reduced working hours, and job quotas are often possible, but most forms of employment involve an immovable, fixed connection to certain working hours, week after week, with only a few vacation weeks per year. While employers often allow people to take time out to attend to important life events, studies have found that people who spend more time with their families often suffer in their careers, as office workers, especially women who take time off to Having children.
How it Flexibility for freelancers?
As a freelancer, you normally have a lot more flexibility. You can set your own hours, pick and choose your tasks, increase or decrease your hours, and take care of family life and social obligations. As long as you keep the agreed appointments, you can take the whole day off and work at night if you want.
For flexibility, I recommend you to set up your small office away from your family, especially children. They will disturb you in a way you never thought of, however it depends on you and your budget.
2. Control over Work
Control over work as an employee
They probably have less leverage over their working hours or the project to work on at a particular period. They are probably forced unconsciously to do a specific work even in their inconvenience because they have no other choice than the choices they are been given by their boss. However, this kind of task makes the job sometimes less appealing but nevertheless the pay sometime might be compelling than the inconvenience the job is coupled with.
Control over work as a freelancer
You probably do not have overall control overwork in the sense that you have to work on any contract you are being given and also deliver on time. You can’t just decide on your own about what to work on, you have to be award a contract on a particular project before you start working. And the utmost quality a freelancer can have is to deliver on time no matter how good your work might be. But nevertheless, with the aforementioned constraint freelancer still has a lot of conveniences because they can decide on their own when to start a project, their working hours, and also they have less pressure in delivering their works. Most importantly they can choose to work for anyone anywhere.
3. Job Security
Job Security as an employee
In a full-time job as an employee, the state of your job security can be questioned at any moment or time because many circumstances may arise. Some can be calculated and others can be categorized as unforeseen circumstances that usually find themselves under risk of uncertainty in business terms. Jobs like these may be under the private or public sector, so I will like to analyze the security of both the working environment.
In the private sector Job, security is usually slim because they are profit-oriented companies whose sole aim is to make revenues at all costs even at the expense of their workers. While in the public sector it is not easy to lose your job unlike the private organizations because they are not really about profitability but about services they can offer to citizens in the country.
However unforeseen circumstances may arise which can influence or lead to retrenchment of employees. These circumstances can be natural disasters, political instability, the feud between employees, and war outbreak. My closing argument on job security between private and public organizations as an employee is that both securities can not be 100% ascertained.
Job Security as a Freelancer
The security of jobs is the fewer worries of freelance because whatever it is that happens, they can never go unemployed but nobody employed them to begin, and also their work is always based on the contract. This is the only avenue where job security can be 100% ascertained.
4. Freelance vs Full-time Salary
Earning as an employee
There is always consistency in an employee income which is called salary, that is paid at the end of every month for a work well done This salary is fixed and it is in accordance with your level or rank in the office.
Earning as an Freelancer
Your earnings working as a freelancer is not consistent or fixed, it is based on the job at hand or rather the work or contract you are working on. As interesting as freelancing may be, there are many freelancers that may not get a job for a month and there are many looking for their first contract or win. But you might be lucky in freelancing to make an earning good enough to take you through months.
5. Health insurance and incentive
Health insurance and incentive as an employee
The companies are responsible for their employee’s well-being, they have to make sure that they are good health conditions, even if they have to pay a huge health bill. Though they may be deducted from the employee paycheck on installment which is usually small compared to the health care you’ve gotten. And the company also gives incentives to their workers in order to encourage them to work more effectively. For example lead salary bonuses, cars, awards to the best employee of the most or year, and so on.
Health insurance and incentive as a Freelancer
There are no such things as incentives and health insurance from their clients, though they may receive tips from their clients.
Now which one is better?
I know many will be thinking by now that freelancing is better than jobs in the companies, which might be true according to your own precision and perception. But I will like to say that both are plausible because both have is own ups and downs but you just have to find out the one which works for you, that can get your conceptualized monthly earning and at the same time brings you joy.