nowadays many people choose to be self employed rather than to work for a company or organization. why might this be the case? what could be the disadvantage of being self employed?

These days, numerous people opt to be employees independently rather than to

work

for an institution or firm. The major reasons for

this

are the flexible working environment and poor salary packages in companies.

Although

there are merits for freelancers, there are some drawbacks

also

such

as the unlimited working hours and unpredicted obstacles.

To begin

with, individuals who graduated from high-ranking universities select their careers as a freelancer because of the flexibility in

time

and working space. To clarify, a self-employed person has the platform to

work

according to his/her free

time

at any place.

In addition

, they can enjoy their life without fear of authorities, long

time

work

struggle, target achievement pressure, etcetera.

Furthermore

, the qualified individuals who worked in some organizations fought to meet their ends with their salaries and were forced to move to self-employment. On top of that, there are companies without adequate insurance policies and reimbursement if there is a medical emergency for their workers.

For instance

, there are a plethora of private school teachers in my country, who are not only struggling with their insignificant salary package but

also

they are uninsured. Despite these advantages of a self-employed person, there are some disadvantages too. Of the many demerits, the

first

one is the boundless working

time

. To elaborate, if an individual is working by himself/herself, that person can choose the

time

accordingly

.

As a result

, there is a chance to

work

more without giving priority to the family or health. To illustrate, a study conducted by Business students at MG University, Kerala, depicted that 47% of freelancers are working overtime and suffering from some or other kinds of deficiencies.

Moreover

, working independently may face shocking barriers in their way and it might result in a shortage of income. To be precise, there are chances to face obstacles by freelancers and it may be hard to overcome the situation. In conclusion, having discussed the merits and demerits of self-employment, I infer that the disadvantages outweigh the advantages.

Hence

, it is hopeful that companies and organizations will take adequate measures to hold back their smart employees and qualified individuals will take prudent decisions in their careers in the days to come.