nowadays many people are choosing to be self-employed rather than to work for a company or organisation. why might this be the case? what are the disadvantages of being self-employed?

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These days a lot of individuals are opting to
work
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by themselves
instead
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of working in a company.
This
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essay will discuss the possible reasons which include better income and passion.
This
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essay will
also
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emphasize
on
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apply
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the demerits of
this
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situation. In the present scenario, numerous people are preferring to
work
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on their own than
work
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under someone. The possible reason for
this
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is
because
Correct word choice
that
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they want to pursue their passion.
For example
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, freelancers who earn money by teaching their knowledge along with providing good services follow their dreams and do
this
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out of passion. Self-employment provides a good income.
For instance
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, a self-employed person is financially more stable than an employee in a corporate organisation since the pay is fixed and there are
less
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fewer
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commissions and bonuses
in contrast
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to freelancers.
Although
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self-employment is popular nowadays, there are plenty of disadvantages as well. Some of them are less social exposure and increased
work
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pressure. According to many surveys, men and women working all on their own are having a minimum social life. To cite an example, employees in companies have abundant social gatherings and exposure as opposed to self-employed personas.
Moreover
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,
this
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also
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leads to more managerial stress as everything related to
work
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has to be managed by a single person. Stress causes more health issues
such
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as hair fall, mental illness, and
also
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will have an impact on the mood of a person. In conclusion,
this
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essay discussed why people are wanting to be self-employed and the drawbacks of
this
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situation.
Therefore
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, a large group of working professionals are persuaded towards working on their own.
Submitted by pallenidhireddy 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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