Nowadays many people choose to be self-emplpyed, rather than to work for a company or organisation. Why might this be the case? What could be the disadvantages of being self-employed?

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In our modern society, more and more people choose to
work
individually and start their own new business.
This
phenomenon is mainly due to the
stress
people often struggle at the office and peer pressures they face in companies that they will have less when they
work
as self-employed.
However
, there are some drawbacks to set up their own operation too,
such
as financial
management
.
To begin
with, people tend to feel
stress
and pressure when they
work
with their colleagues in an office. In fact, the
work
environment is not always appropriate for employees to perform well. Peer pressures,
for example
, can give
further
unnecessary
stress
for workers because a lot of people tend to compete with their coworkers. Another example is the way bosses treat their subordinates at
work
place
that is
not always logical or understanding.
Additionally
, many people in our sophisticated society are more talented and creative enough to start up their own business using their own knowledges and skills. Computer literacy,
for instance
, often help the self-employers start new jobs, since the computer skills are highly evaluated in the society.
However
, being a self-employed
also
has some downsides as well. Financial
management
skills are one of the concerns.
Although
many people are more sophisticated enough to start their own company, they often lack the knowledge of how to manage the budget. Taxing system is the most difficult one and need a professional intervention from lawyers to avoid illegal actions or
management
.
Similarly
, more responsibilities can discourage self-employers too. They are supposed to take all responsibilities themselves in the absence of their bosses or superiors that will be a lot of
work
when some issues arise. In short, self-employed workers start their own company to avoid more
stress
or pressures from people around them at workplaces.
However
, they will have to take challenges to learn better financial
management
skills into an account before starting a new company.
Submitted by Erina on

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Topic Vocabulary:
  • self-employment
  • freelancing
  • entrepreneurship
  • autonomy
  • financial stability
  • work-life balance
  • financial insecurity
  • lack of support
  • resources
  • long working hours
  • uncertain income
  • job security
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