by Michael W.

Created on: December 24, 2008

Being an Employee vs. Being Self-Employed? This is a question that one must answer, and commit to, for themselves, given their current personal situation, because both options offer advantages and disadvantages. I will break them all down into the pros and cons of each option, in order to let the reader make a more informed decision as to which position, or option, would best fit their current lifestyle.

Working as an employee for a well established organization has certain advantages, as well as disadvantages. The advantages to being an employee are

1) Receiving a guaranteed paycheck on a particular schedule Whether the employer pays you on a weekly, bi-weekly, or monthly basis, you can pretty much count on the amount and delivery of your check based off of your hours worked in the given pay period. This also allows you to plan your bills around your paycheck.

2) Receiving company benefits After the appropriate probationary period, you should become eligible for company benefits such as health, dental, vision, etc. These benefits will greatly reduce your personal out of pocket cost if you should become ill or have any other physical or mental ailments.

3) Sufficient job training A established employer will normally supply proper training for you in whatever field you may be employed in, or rather for your current position, whether you have previous experience or not, that will give you the necessary skills to handle the position and without you incurring any personal out of pocket upfront cost.

4) Career advancement If you work hard and are efficient, over time you can usually find yourself earning a promotion, which will be rewarded with higher pay, better benefits, and more responsibility. Meaning, if you start at the entry level position with a company, and stick it out while working hard and efficiently, you will be able to advance yourself through your new career and pay grade.

5) The ability to separate work and home time Being employed by someone else gives you the unique ability to leave what happens at work at work. If you should have a slow and upsetting day, you are able to leave it all behind as soon as you clock out and it shouldn't affect you paycheck at all.

The disadvantages to being an employee are

1) Constantly being judged with a supervisor always looking over your shoulder As an employee, you are subject to being constantly reviewed and judged by your superiors through various means. You can become overly stressed because of a supervisor breathing

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