Nowadays,many people choose to be self-employed,rather than to work for a company or organisation. What are the advantages and disadvantages?

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In recent times more and more people are starting their own businesses or becoming freelancers compared to being employed by a company.

Although

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the main reasons for

this

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trend are flexibility and earning a higher

income

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, drawbacks of self-employment like facing higher risk and unstable

income

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should not be ignored. An individual who is self-employed has freedom of choice.

In other words

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, they do not work for anyone which means they can make unrestricted decisions in their workplace.

Moreover

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, they are not bound to answer anyone if their action has negative consequences. Another reason for

this

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trend is, people who have their own businesses tend to earn a higher

income

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compared to those who work in a salaried job.

This

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is because most of the time business models are profitable and a major proportion of the profit belongs to the owner of the business.

For example

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, a retail shop owner has the privilege to enjoy the majority of the profit

whereas

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he pays a small percentage of the profit as salary for his employees. Businesses and freelancing have many risks

such

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as instability and loss. To explain

this

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further

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, self-employed individuals have to face the loss and have to take full responsibility which can cause stress and anxiety to them. Another major drawback of self-employment is not having a sustainable

income

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In other words

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, an employee working for a company enjoys a stable

income

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regardless of the performance of the company

while

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self-employed individuals'

income

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depends on their performance.

For instance

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, a driver, who drives a taxi may not earn a single penny if they do not go to work

due to

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illness

whereas

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an employee will be paid his salary even if he is not working

due to

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illness as their medical leaves are covered

according to

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the labour laws.

To conclude

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, even though there are many advantages like earning large profits and enjoying work-related flexibilities in self-employment, disadvantages in terms of job insecurity and unstable incomes should not be taken lightly .

mnasasanjithThu Jan 26 2023

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Your opinion

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If the question asks what you think, you MUST give your opinion to get a good score.

Don’t leave your opinion until the conclusion.

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...do you agree or disagree?...do you think...?...your opinion...?

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13
Linking words
meeting the goal of 7 or more
1
Word repetition
meeting the goal of 3 or fewer
0
Grammar mistakes
detected issues

0123456789.0505

Overall Band Score

Coherence and Cohesion: 5.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 7.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 5.0

Complete response

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

4 paragraphs

334 words

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Topic Vocabulary:

autonomy
work-life balance
earning potential
job satisfaction
financial risk
irregular income
job security
financial instability
benefits
health insurance
paid leave
retirement plans

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Nowadays,many people choose to be self-employed,rather than to work for a company or organisation. What are the advantages and disadvantages?

Your opinion

Nowadays the way many people interact with each other has changed because of technology. In what ways has technology affected the types of relationships people make? Has this become a positive or negative development?

When choosing a job, the salary is the most important consideration. To what extent, do you agree or disagree?

Some people think that it is an individual responsibility to take care of an environment but others think it is the government's job to do so. Discuss both opinions and give your own opinion

In writing task describe the data in the two figures below that relate to banks in the UK. Write two or three paragraphs describing the information included in the two figures.

People in major cities suffer from high levels of air pollution, causing health problems for many. What are the main reasons for this? What can be done to solve this problem?