Nowadays many people choose to be self employed, rather than to work for a company or organization. What might be the case? What could the disadvantages of being self employed?

Presently a number of
people
prefer to be self-employed, rather than to
work
for a
company
or
organization
. A lot of
people
feel they will earn more when they are their own boss. One demerit of self-employment is the high
level
of
stress
.
Firstly
, some individuals prefer to independently than to
work
for an
organization
. Based on my knowledge, there are a lot of businesses
people
tend to establish on their own that earn them lots of money than an employee of a
company
would make.
For example
in my country, our minimum monthly wage is very little which leaves lots of
people
with the option to be self-employed. As a self-employed, you don’t have to wait for a desired payment date to earn your income, unlike an actual employee of an
organization
that has to wait for the agreed date. A number of
people
still have the belief that they can’t
work
for their fellow human beings. A lot of
people
want to be called their own boss and not have to rely on any
organization
for finance.
Secondly
,
this
action might result in a lack of government or
company
employees.
However
,there are demerits of being self-employed. The first demerit is the high
level
of
stress
. Being your own boss will make you
work
extra working hours leaving you with high
stress
level
.
For example
,in a
company
where most employees are entitled to six weeks of annual leave, but in a case where an individual is self-employed he or she can’t have the annual leave.
Also
, self-employment is a risky one because most businesses are not stable. A business owned by a private sector can go into bankruptcy leaving the individual stranded and unemployed.
Furthermore
, the tax rate may be high. In conclusion, in our time now some
people
prefer to be self-employed rather than to
work
for a
company
or institution because they believe it has a higher income rate. The drawback is the high
level
of
stress
self-employment can cause.
Submitted by oludayotemilade on

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Answer the 'Advantages and Disadvantages' topic

IELTS advantages and disadvantages questions normally give you a statement and ask you to comment on the advantages and disadvantages of that statement.

Answer structure for the type of essay

  • Introduction
  • Body paragraph 1 – advantages
  • Body paragraph 2 – disadvantages
  • Conclusion

Examples to start your body paragraph:

  • The main advantage is...
  • The disadvantage of this...
  • The main benefit...
  • Despite these advantages...
  • One possible drawback...

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