Now-a-days many people choose to be self-employed, rather than work for a company. Why might this be the case? What could be the disadvantage of being self-employed?

Introduction.
Work
-life balance is vital for every working people. Nowadays, it is trending that, people prefer to
work
for themself,
instead
of working for an organization. The main reasons behind
this
trend are
,
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hectic workload and financial stability. In
this
essay, I will explain these two reasons and what could be the drawbacks of
this
. Competition among firms makes an employer put extra
work
pressure on an employee, which may occur an imbalance in their
work
schedule and life as well. Being an employee they have to take extra responsibility in the same salary, which might lead them to start their own business.
For instance
,
instead
of working eight-hour shifts a
day
, they have to
work
12 to 15 hours a
day
for the same wage.
Additionally
, in some cases, a skilled worker getting paid less than a non-skilled worker might be the cause of adapting self business culture.
For example
, a motor mechanic works the whole
day
with the same pay, and if he starts his own repair shop they could charge more than what he is getting paid.
Although
it has benefits ,
however
, there are some drawbacks they have to face,
firstly
working as a self employee, can be risky, it is an unstable source of income, because, it is unpredictable to assume how much they will make a particular
day
, another disadvantage of being self-employed is that
,
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they
work
for a long
day
can cause health problems,
such
as
,
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fatigue stress because, managing many operations with a single mind, sometimes impact negatively. To Conclude. The pressure of extra responsibility and the need for financial stability to rage on to start working for themself ,
however
, apart from these positive impacts they might be affected by economic and health problems.
Submitted by sandeeprawat2017 on

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