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? Give reasons for your answer and include any relevant examples from your own knowledge or experience.
In recent times, many communities, across the globe, would like to be self-employed and
this
is an ongoing global trend and is being popularized. This
essay will explain the disadvantages of being self-employed and what are the main reasons behind this
phenomenon and explain with relevant examples as well at the end
.
To begin
with, Nowadays, we can see that most individuals across the globe, have not only adopted self-employed culture but also
would like to work with their own style rather than work with any organization indeed. For example
, The Times now published that 60 per cent of people around the globe, are working as a freelancer due to
various reasons and this
is significantly increasing day by day. In addition
, this
part-time activity trend will add an additional income source for the most number of folks. Moreover
, while
working as a part-timer, folks are not accountable for anyone.
On the other hand
, there are also
many disadvantages that need to be considered to being self-employed. Firstly
, folks will not only get any assurance but also
will not get any benefits provided by an employer. For instance
, The Hindu newspaper published that 70 per cent of self-workers have lost their business due to
inadequate requirements in the post-market. Secondly
, there is no job security for freelancers. Consequently
, they may lose their place at any time, and most chances of getting fired at any time during the recession time.
To summarize, after a thorough discussion of the above topic, it has been concluded that the population would like to effort on their own than work with any company is not a best practice for individuals. I hope this
tendency is conducive to bringing a lot of drawbacks for people.Submitted by ravikrishna045 on
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