To freelance or to work full-time?” The question is simple, the answer not so much. Should you swap your current job for a high-paying career online? It depends; many people prefer stability and constancy. That is a fixed salary, a precise schedule, and working environment. Those who would not have those things prefer freelancing. Freelancers are not bound by any employment agreements and can work whenever they like.
So what are the pros and cons of both full-time and freelance jobs?
Advantages of freelancing:
· They tend to get less caught up in the day-to-day drama of working in an office. Since they are not employees, they are on the team but separate from a lot of the politics involved. It can be easier to focus on the work in this type of arrangement.
Disadvantages of Freelancing:
- Employees may have access to health care, life insurance, disability coverage, and other benefits. Freelancers are not covered under employee group benefit plans. They can buy these benefits for themselves if they wish, but private coverage tends to be costly and not everyone who is self-employed can afford to pay for it.
· Since freelancers may get called in to work only on a specific aspect of a project, it can be challenging to get all the information needed to complete the work. Not all clients understand that the freelancer needs to coordinate data from more than one department to keep his or her end running smoothly and that if anything is delayed, it means that the freelancer will be scrambling to meet his or her deadlines.
Advantages for Permanent Job: – The main advantage to becoming a permanent staff member is that you will be getting a regular paycheck, holidays/sick leaves and pension schemes.
Disadvantages of Permanent Job: –
The downsides of permanent employment can be that it restricts your ability to work for other people, and can also limit your career prospects in that you may find yourself in a position where you are not progressing at a speed that you would like. Employers often look to a candidate’s record of staying in a job as a measure of their reliability, so it is probably a good idea to work on a permanent basis for at least part of your career
No one model is right for everyone, and the right choice for you may be different, depending on where you are in your career and what your family and other responsibilities may be.