Freelancing offers you maximum freedom and location independence. Similarly, a full-time job provides you with security and stability. Both of these options come with a unique set of pros and cons, so people wonder whether they should freelance or go for a full-time job. Let’s take a closer look at both options before choosing the best one for you.
Freelancing vs. Full-Time Job: Which Is Better?
You are wondering whether to freelance or go for a full-time job. Both options bring many benefits & cons to the table, but which ones are better and comfort? The perfect choice depends on various factors and personal requirements.
Full-Time Job Benefits
When working full time, you will deal with strict office politics and working for long shifts, but it is a long-term investment. Let’s explain the best benefits of a full-time job you should know.
When you go for a full-time job, you can enjoy a consistent income, so you will not have to worry about making enough money to care for your bills and expenses. In addition to this, you will also enjoy a decent income which means that you will have enough to save at the end of the day, and you will not be late in paying your dues.
Teamwork & Positive Environment
When you work for a company, you will be working from an office, and you will get to enjoy a positive atmosphere in your workplace. You will enjoy the company of like-minded employees and colleagues, which will keep your morals up, except you will be forced to deal with a bad boss that will make your workplace toxic and stressful. Being part of a team will help you move forward because you do not have to do everything yourself. Your teammates will share skills and offer moral support, which will boost your productivity levels.
When you work as a full-time employee, you do not have to worry about surprises. You will understand the nature of your job, timeline, and when you get your paycheck, so setting up a schedule and sticking to it will be an easy task. A full-time job means that you only have to spend a quarter of your day working which means plenty of time to focus on your personal life maintain a good balance between social and professional life.
When you work as a full-time employee, there is always room to grow fast because You can get bonuses depending on your performance, which means you can earn more money. You can start as a low-level employee to become a senior manager over time with fewer duties except managing people and rest easy. Working Full-time offers a lot of benefits, such as:
- Paid vacations
- Health Care
- Accommodation allowance
- Rent allowance
Cons of a Working Full-Time
Let’s take a closer look at the dark side and the challenges you face when working full-time.
Lack of Flexibility
You do not have any flexibility when working as a full-time employee because you must work for a specific timeline. Also, you will be chained to a desk every day, which can often be painful and take a toll on your mental health. Just because you have a job does not mean you love it, which becomes a soul-sucking experience every day and impacts your physiological health too.
You will start your day by waking up early every morning not sleeping in as much as you want. Next, reaching the office will be expensive as it requires commuting every day, being stuck in traffic, and spending money on your commute because gas isn’t cheap. If you take public transport, you will have to spend a lot of time getting to and from the job. If you get late, you can risk losing your job.
Obeying Office Norms
When you become part of an office, you have to stick to a strict dress code and obey office rules such as:
- Break times
- Lunch breaks
- Time table
- Seating arrangement
- Authorized communication
You will have to do whatever your employer tells you to do, and this means you will have to give up your personal preferences and become a cog in the corporate wheel.
Annoying Team Members
Your team members will not always be according to your liking that you may often find annoying team members you will have to work with them daily, which will take a toll on your mental health and interpersonal communication skills. Office environments are often quite distracting, and you cannot get as much done as you want.
Benefits of Freelancing
Freelancing comes with unique pros that are unparalleled, which explains why freelancing is becoming popular. Let’s see these in detail.
You can enjoy maximum flexibility for your work hours because you have autonomous control over your work schedule and take as many breaks as you want because you have to meet the deadlines. For example, working from home as a mom will allow you to spend more time and share meals with your family. Working as a self-employed will raise efficiency, improve morale, boost your productivity, and you’re not going to feel dull or lazy.
Better Life Balance
As a freelancer, you will achieve a more vital work-life harmony with a flexible job calendar. Keep in mind that freelancers have challenges, too, when it comes to managing your work life and personal life. However, flexible work hours can help you achieve a fine blend between all facets of your life. As an example, you can also attend doctor’s visits without any complications.
Working From Anywhere
Regular work positions can take a toll on your emotional health to operate from a single windowless office or a fixed location. You may also apply for jobs anywhere globally and start working from anywhere without any complications. You will have absolute independence over your geographical position in this manner, and even you could go on holiday with your family while still operating remotely for your company.
Maximum Efficiency and Higher Productivity Levels
Employees of the workplace also have poorer productivity levels than freelancers, which is explained by the office restrictions and distractions that affect creativity & productivity. As a fact, freelancers have more reliability than in-office personnel. Many aspects go into raising your efficiency at home, like less stress because you can take as many breaks to freshen up as you want, and you do not have to regularly get annoyed by other workers.
Maximum Control Over Your Work Life
You can also choose from many different projects without being stuck to a single industry. Being a freelancer allows you to work for various employers simultaneously, reject or accept a scheme depending upon your preferences which will keep you from experiencing a soul-sucking work life. Freelancing offers maximum control over your work schedule, spare time at your hands that you can spend on your hobbies, or investing in your passion.
Lower Stress Levels with Customizable Offices
Complete control of the workplace is one of the best reasons to push you to start working as a freelancer because it enables you to personalize your home office space. To get stuff done more quickly and productively, you can set limits and eliminate distractions. You can quickly reach a higher degree of quality and productivity when you are ready to exert some effort.
What Are the Cons of Freelancing?
The laptop lifestyle will not suit anyone, so It would help to familiarize yourself with these drawbacks before starting operating from home. Let’s explore the different cons associated with freelancing.
Freelancing comes with a lot of responsibilities. Since you are the only one in charge of the project, you will be responsible for its completion take care of every aspect of the job without teammates to assist you. Remember that you will have a heavier burden on your shoulders; if anything goes wrong with the project, you will be the only one responsible.
Freelancing comes with a competitive marketplace environment, so you will constantly offer high-quality work. Moreover, you will have to gain as many positive reviews as possible to get new jobs. Freelancing is a competitive marketplace. According to BLS, more than 55M of Americans earns income from non-traditional 9-to-5 work.
Freelancing may offer flexibility, but it lacks a consistent income. You will have to work to earn your money, and you cannot wait for your next paycheck as it will never come. Sometimes you will make a lot of money as a freelancer; there will be ups and downs in your life, and you will have to stay strong. At this point, you will have to dive into your savings and be ready to face a lot of financial issues at times.
When you work as a freelancer, you are no longer part of a team which means you will work from home all by yourself. No one can assist you, so you cannot discuss your professional challenges with anyone; tackling all obstacles yourself is your only choice. If you are a non-social person, you will enjoy freelancing. You can check our guide about the best jobs for introverts for high creativity and productivity.
The final choice depends on a variety of factors and your personal preferences. If you want to work from anywhere in the world, freelancing is for you. However, if you wish for financial security, you will need a full-time job. You should research well before choosing an appropriate option for yourself. Good luck!.