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

Nowadays, self-employment trend is increasing trend across the globe.

Although

there are people who work for a company, many prefer to be self-employed.

This

essay will discuss the causes and disadvantages of

this

situation. To commence, the main causes of

this

situation are high payments and self-respect issues.

Firstly

, these days individuals choose to function as a freelancer, so that they can earn more money. The reason is because they charge money per hour

instead

of monthly payments.

For example

, software companies take support from these freelancers whenever they face critical issues and these workers demand more money since they are experts in that technology.

Secondly

, some people

also

believe that they will lose self- respect when they work for organizations.To illustrate, few employees cannot tolerate orders from their managers and will react rudely.

However

, there are certain disadvantages of being self-employed,

such

as insecurity and mental peace.

Firstly

, freelancing jobs are not as secure as employed jobs. They are uncertain about the market demand and needs.

For instance

, self-employed individuals will be paid less until they are required by any company.

Moreover

, these humans

also

lose mental stability since they are uncertain about the work schedule.Because they are not sure when they are required by any organization, since many people lack proper forecasting.To give a clear example, these experts will stay at home jobless during recession and it will lead to personal problems eventually. To conclude, more people are choosing self-employment,

instead

of working for a company for some valid reasons.

This

essay has discussed the causes of people choosing self-employment and the negative effects of

this

situation.