Freelancing VS Full-time Job Comparison

As we are approaching towards the end of 2020, we have already seen many things happen this year due to the pandemic.

With the changes in human behavior, companies have also adopted the work from home culture for time to come.

Which has made us almost forget what it was like to work in an office.

This brings us to our main discussion, full-time job vs freelancing.

Remote work is becoming more and more popular nowadays, plus it enables you to improve your work-life balance and decrease the amount of stress you gain while working in the tense office environment; according to the Virgin Media Business report 86% of employees feel happier when working from home than those who don’t. These numbers are astonishing and make you think of considering part-time or a freelance job, however, there are still some uncertainties on that issue.

Freelance Job

A freelancer is often referred to as a consultant. He or she is someone who is not committed to an employer on a full-time basis. Rather, a freelancer is engaged to accomplish tasks remotely but he/she might be required to come into the office sometimes.

Freelancing is usually seen as self-employment and most times, the contract of a freelancer is for a short period of time. Contract agreements with a freelancer can be based on a project basis or tied to hourly input. Below are the advantages and disadvantages of having a freelance job.

Advantages of a Freelance Job

You can be considered your own boss
Freelancing allows you to work for more than one company at the same time
Contract periods are short and reduce the possibility of getting bored
Guarantees work autonomy
Helps you learn insights into other aspects of running a business
The likelihood of attaining work-life balance is higher
You enjoy the opportunity to earn more when the demand for your services several organizations increases.
Freedom of work; you choose the clients and projects you want to work on.

Full-time Employment

A fulltime job as the name suggests is a job situation where an employee is engaged by a defined number of hours and rules of engagement set by the employer. A popular definition considers a full-time employee as someone who works for 35 hours or more (usually 40) per week. Below are the advantages and disadvantages of a full-time job.

A full-time job or employment is also referred to as permanent employment.

Advantages of a Full-Time Job

Access to a steady stream of income; this could be weekly, bi-weekly or monthly
Access to paid, sick leave and vacations based on employer’s policy
Access to health and other insurance benefits cover, which can extend to family in some cases
Possible career growth within the organization

With SOAL Technologies, you can get the best recommendations for jobs. You can apply to many available job opportunities. Get in touch with us to know more.