With digitalisation, many opportunities have been created. So if you’re up to choosing a new career, in the digital sector, you need to first consider what type of job you want, permanent ones or freelancing types.
To mention, the idea of freelance scares many. Why? Because lack of something steady and concrete might not be appealing. But doing freelance can offer you with some good experiences and opportunities that permanent roles can never, so it’s definitely worth considering.
To help you we’ve listed here top pros and cons that are associated with both to help you analyze and decide.
You have the security of knowing you’ll be paid a fixed amount every month and you’ll also have some protection if any mishap occurs to the company you’re working for.
Work On Long-Term Projects:
Based on your role, there are chances that you have a permanent role and end up working with a few clients on a long term basis which will help you create some strong, long-lasting relationships that could benefit in your career later.
Less Admin Work
Things like the tax, National Insurance and a pension are all taken care of, you don’t need to worry about them.
Working within a team you will never feel lonely and always remain motivated and have some people to talk around.
Work With Limited Number Of Clients:
With this, you will have only have a few names to add to your CV at the end.
Limited Number Of Holiday Days:
If you love travelling at a moment’s notice, a permanent role is not for you.
Rigid Work Schedule
You have to work for a set number of hours weekly between fixed times every day.
Mostly permanent roles demand some kind of daily commute where you spend some fragment of your earnings and at times getting a transport seems difficult.
Little / More Work That Suits You:
You have a control over your workload. More or less is of your choice.
Work From Home:
Based on the role, you have the option to work from home, saving your expenditure on the daily commute.
Flexible Working Week:
You will have more or less a flexible week, mainly if you get to work from home.
Can Work With A Variety Of Clients:
With shorter term contracts you can end up working with various clients in a short time.
Depending on your expertise and your role, you can demand a higher salary for each contract and finally end with more earning at the end of the year than you might if you opted for a permanent position.
No Fixed, Regular Income:
This is a downside that there is no definite security and regular income. Though this might not be much of an issue if you live alone and have no additional responsibilities, it is a real problem if you have a family and everyday responsibilities. You won’t get paid when you are sick as there is no sick leave allotted to a freelancer.
More Overheads If Working From Home:
You must have higher utility bills as you need to cover the gas and electricity that you use while working.
More Admin work:
Being self-employed you have to sort out things like your tax returns and contributions for National Insurance.
Feel Lonely At Times:
You might feel lonely with no one around to talk and get motivated.
There are several more pros and cons associated with both the options and always remember that choosing a right career depends on what are right for you, in accordance with industry, your expertise, and your individual situation.
Hope this blog on career advice could be a help to you in sorting your choice and help you decide.