Considering that over 57 million people joined the freelance workforce in 2019, it’s undeniable that there’s a certain appeal to freelancing. From making your own schedule to being your own boss, there’s a draw to freelancing that a 9 to 5 just can’t offer. With all of the freelancing options out there, from ghostwriting to social media consulting, there really is something for everyone.
However, just like freelancing, there’s something to be said about the perks a full-time job offers its employees. From job security to steady pay, the stability that a 40-hour workweek offers is leaps and bounds ahead of the often unpredictable schedule that comes with freelancing.
That said, finding a job and position you are happy in is vital—especially because the average person will spend 13 years total at work. Considering what is important to you, what excites and motivates you, and what makes you feel fulfilled in work (and in life) is vital to ensure you are happy and motivated at work. What you need to decide is whether you’ll find what you’re looking for in the flexible and often unpredictable world of freelancing or in the stable but rigid security a 9 to 5 offers.
If you’re stuck between weighing the pros and cons of freelancing vs. full-time, this visual from Bestow is here to help. Find out the average hourly rates, the hidden costs, and the ups and downs of both freelancing and full-time work. Plus, use the flowchart at the end to help you make the ultimate decision of which career path is best for you!
What do you think of this infographic on How to decide between freelancing and a full-time job?