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 ?

In recent years, we have seen an uptick in the number of
people
opting for
self-employment
. Compared to the traditional
role
of working for a company or an
organization
,
self-employment
provides some specific advantages as well as disadvantages. Let us discuss why
people
take up these
roles
and what are the disadvantages of being self-employed. The major advantage of
self-employment
is the flexibility it offers. It gives a person the freedom to choose the field of his interest. He can work in any area in which he is genuinely interested and not just for the sake of employment. He
also
has the freedom to choose his timelines. He is no longer answerable to a person or an
organization
and is answerable only to himself.
Secondly
Add a comma
,Secondly
show examples
it provides him with an immense opportunity for personal growth. Self-employed
people
have to work in multiple areas compared to working in an
organization
, where the
roles
are more specialized. As we have observed multiple times,
this
wide exposure during
self-employment
can greatly enhance personal growth and provides immense satisfaction to the
people
who thrive in these kinds of
roles
. In spite of all these advantages, there is some uncertainty involved in
self-employment
roles
. There is a greater chance of unemployment here as compared to traditional organizational
roles
. There is a major requirement for continuously upgrading himself. As most of the
roles
are temporary in nature and at the
point
Add a comma
,point
show examples
your value decreases, you stare at potential unemployment.
Secondly
compared to long term monetary compensation,
self-employment
jobs might pay less as compared to traditional jobs. Someone in a traditional job might have a chance of making more money in the long term as compared to a self-employed person.
Self-employment
has its own advantages and disadvantages. While being your own boss might give you more flexibility in your career and life, the traditional
role
in an
organization
gives you more stability in your life.The kind of
role
an individual has to choose depends on his outlook towards life. If you are someone who thrives on uncertainty and freedom ,
then
go for
self-employment
, else go for a traditional
role
in an
organization
.
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    • Sentence 1 - Topic sentence
    • Sentence 2 - Example
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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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