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Here are Some of the Downsides of Becoming a Freelancer

When a worker thinks about becoming a freelancer, soon great ideas come to mind about how great that work will be, with no strict schedules, deadlines or tasks and imposed tasks. However, this idea is often wrong, as this kind of work does not exist, and is only on the imagination of those who never worked as a freelancer.

Whoever chooses (or has) to leave a company and becomes the own boss has to be careful, because it takes a whole lot of organization not to punish oneself for any delays or mismanaged responsibilities.

Here are some of the most important aspects to take into account when thinking about becoming a freelancer:

  • Your work time will be longer. Given that your home is also your office, it is possible that the working hours becomes longer because “the office is just right there”;
  • A freelancer does not get paid holidays;
  • When the freelancer is sick there are no paid days at work. He must contact the company who hired him in order to try to extend any deadlines that cannot be met due to that illness;
  • Health insurances and retirement plans are paid by the freelancer himself;
  • All equipment-related costs, such as computers, printers, phones, and stationery materials are paid by the freelancer.

Despite all this, not everything is bad about becoming a freelancer. In fact, a recent survey carried out by Toptal, the world’s largest freelancer network, shows that the vast majority of freelancers (95%) say they feel more productive when they work from home, and 93% enjoy the flexibility of their lifestyle.

Also, almost a third of the freelancers surveyed chose to become freelancers in order to spend more time with their kids, which no one can say is not a good reason to do so.

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