Which
is better: Freelance
jobs
or in-house working?
The answer is not that simple as we think. Each one
has its own pros and cons. If you are already bored sitting in a cubicle and
dreaming of freedom with your own freelance business, then you should be aware
and evaluate all the advantages and disadvantages of the decision. We have done
the work for you and listed pros and cons of being a freelancer.
Pros:
Freedom:
Degree of freedom is high in freelancing or self- employment, which can be in
working hours, clients, workstations, vacations etc. Freelancer is nothing but
self-employed and in-charge of production, administration, business
development.
Flexible
Hours: The First advantage that any employee will expect.
In freelance employment, one can rule the time and place – can take a full
afternoon nap and work at the nights or have a weekend to explore the city.
Choose your own working hours, workstation according to your needs, unlike the
regular business hours.
Hold
all the profits: Freelancing runs on a purpose of more
you work the more you earn. Unlike a regular job, can increase the profits and
keep all of them. Implement your ideas in the comfortable timings with your
clients, put the effort and enjoy 100% of the benefits. No matter, how less the
rate is and how large the projects, clients are, freedom to use the money is
all yours.
Cons:
Payment
Risk: It was mentioned about profits earlier, but the
payment has to be made at the right time for profits. Payment issues are not
uncommon in freelance employment but necessary precautions have to be taken to
avoid scams. Some of the ways to protect from risks are to ask for advance
token of amount from new clients, find out if the client is trustworthy by
calling or from other freelancers, take extra care when dealing with foreign
clients as their legislation are different from yours, gather as much
information as possible like location, web address, head of the company,
clarify the payment procedure and etc.
Work-life
balance: Unless a
freelancer has strong ground rules, it is hard to have a work-life balance.
Strict work schedules defined workstation which gives the feel of office even
if it is home or spends time at café’s, libraries to complete the job. Most of
the freelancers lose the interest to work when they fail to distinguish between
personal life and professional life.
As
a coin has both the sides, freelance also has advantages and disadvantages.
Understand the needs and analyze how freelance
jobs will work for you