Nowadays, many people choose to be self-employed, rather than to work for a company or organisation. Why might this be the case and what are its possible disadvantages?

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In modern life, people are increasingly tending to
work
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for themselves
instead
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of being hired to
work
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for a particular enterprise.
This
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essay would make an attempt to reveal several underlying reasons for the existence of
this
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trend as well as suggest some of its drawbacks. In the
first
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place,
this
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phenomenon could stem from a number of reasons related to both individuals and corporations. In terms of individuals, a great number of people find it extremely suffering when having to contribute their value to the successes of others who are higher-ranking in positions than them,
for example
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, in a company’s hierarchy.
This
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kind of feeling might arise after a specific time dedicating one’s time and energy for the sake of his company.
Consequently
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, they would probably realize their sufficient potential and talents in order to start their own business. From the perspective of enterprises, b
osses possibly
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bosses, possibly
treat their employees unfairly or overlook their significant contributions and dedication towards the goal of sustainable development of cooperation.
Therefore
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, staff would likely feel underestimated,
hence
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, quit their jobs and begin to walk on their own career paths.
Nevertheless
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,
such
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tendency might result in several unexpected negative consequences for individuals as well as organisations.
Firstly
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, one might have to bear the overwhelming workload, undesirable outcomes or heavy responsibilities to take when striving to
work
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for himself.
For instance
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, many adolescents attempt to establish their business and eventually, after a short period of struggling with other rivals and making some profits, end up being in huge debts or mortgages borrowed from banks and other sources.
Secondly
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, corporations might suffer from a shortage of skilful and proficient employees and fierce competitions from other startups.
This
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could be explained due to many potentially talented young people are currently switching to
work
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for themselves and,
as a result
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, raising the heat in the market economy. In conclusion, there exist several contributing factors towards the need to be self-employed among people.
Consequently
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,
this
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issue has some major impacts on both individuals and companies.
Submitted by k56.1711150074 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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