Nowadays many people choose to be self-employed, rather than to work for a company or organization.
Why might this be the case?
What could be the disadvantages of being self-employed?
Speaking from an economy stand point, we live in strange times. While there are many opportunities to make money, it can be hard to decide which one is the best. Some people prefer to work for themselves, rather than being employed by someone else. This essay will discuss why might this be the case and what are some of the downsides.
Lots of young graduates are choosing to start their own ventures, rather than look for jobs. First reason is the more creative freedom that this affords them. As most jobs require them to perfom duties according to a very strict set of guidelines, self-employment sets them free. Recent survey by Galop among self-employed people showed that the biggest reason for leaving their corporate jobs was lack of flexibility. Secondly, freelance works allows more control over work life balance which directly affects the mental health. If people are satisfied with their working hours, both their psychological and physiological health improves. This was very evident by the recent research on doctors in the UK where those who had managable working hours were more healthy than others.
Even though it provides many benefits, the disadvantages can’t be ignored either. Firstly, there are no paid leaves in case there is an emergency. Since you are responsible for your own salary, missing work will lead to loss of income. This was the largest factor contributing to massive unemployment spikes during the lock-downs that happened due to the pandemic, as self employed individuals suddenly lost their salaries. Secondly, I think when working for yourself, you have to work much harder as compared to a salaried job. It is well known that starting a new business and then making it profitable requires lot of energy and dedication. Famous businessman Mark Cuban once said that start ups mostly fail due to lack of effort, not due to lack of money.
In conclusion, although self-empoyment provides freedom and better work life balance, I believe it can also be a liability that can leave you without pay in an emergency and require more effort than other jobs.
Grammar and spelling errors:
Line 1, column 314, Rule ID: SOME_OF_THE[1]
Message: Simply use 'some'.
Suggestion: some
...why might this be the case and what are some of the downsides. Lots of young graduates a...
^^^^^^^^^^^
Line 5, column 499, Rule ID: COMP_THAN[3]
Message: Comparison requires 'than', not 'then' nor 'as'.
Suggestion: than
... yourself, you have to work much harder as compared to a salaried job. It is well ...
^^
Transition Words or Phrases used:
also, but, first, firstly, if, look, second, secondly, so, then, well, while, i think, in conclusion
Attributes: Values AverageValues Percentages(Values/AverageValues)% => Comments
Performance on Part of Speech:
To be verbs : 19.0 13.1623246493 144% => OK
Auxiliary verbs: 7.0 7.85571142285 89% => OK
Conjunction : 6.0 10.4138276553 58% => More conjunction wanted.
Relative clauses : 11.0 7.30460921844 151% => OK
Pronoun: 34.0 24.0651302605 141% => Less pronouns wanted
Preposition: 37.0 41.998997996 88% => OK
Nominalization: 7.0 8.3376753507 84% => OK
Performance on vocabulary words:
No of characters: 1756.0 1615.20841683 109% => OK
No of words: 348.0 315.596192385 110% => OK
Chars per words: 5.04597701149 5.12529762239 98% => OK
Fourth root words length: 4.31911543099 4.20363070211 103% => OK
Word Length SD: 2.65550204452 2.80592935109 95% => OK
Unique words: 221.0 176.041082164 126% => OK
Unique words percentage: 0.635057471264 0.561755894193 113% => OK
syllable_count: 534.6 506.74238477 105% => OK
avg_syllables_per_word: 1.5 1.60771543086 93% => OK
A sentence (or a clause, phrase) starts by:
Pronoun: 9.0 5.43587174349 166% => OK
Article: 1.0 2.52805611222 40% => OK
Subordination: 7.0 2.10420841683 333% => Less adverbial clause wanted.
Conjunction: 0.0 0.809619238477 0% => OK
Preposition: 2.0 4.76152304609 42% => More preposition wanted as sentence beginning.
Performance on sentences:
How many sentences: 19.0 16.0721442886 118% => OK
Sentence length: 18.0 20.2975951904 89% => OK
Sentence length SD: 37.6828873628 49.4020404114 76% => OK
Chars per sentence: 92.4210526316 106.682146367 87% => OK
Words per sentence: 18.3157894737 20.7667163134 88% => OK
Discourse Markers: 5.26315789474 7.06120827912 75% => OK
Paragraphs: 4.0 4.38176352705 91% => OK
Language errors: 2.0 5.01903807615 40% => OK
Sentences with positive sentiment : 9.0 8.67935871743 104% => OK
Sentences with negative sentiment : 6.0 3.9879759519 150% => OK
Sentences with neutral sentiment: 4.0 3.4128256513 117% => OK
What are sentences with positive/Negative/neutral sentiment?
Coherence and Cohesion:
Essay topic to essay body coherence: 0.354744411636 0.244688304435 145% => OK
Sentence topic coherence: 0.0956120024829 0.084324248473 113% => OK
Sentence topic coherence SD: 0.0937022040175 0.0667982634062 140% => OK
Paragraph topic coherence: 0.214076787409 0.151304729494 141% => OK
Paragraph topic coherence SD: 0.102506273984 0.056905535591 180% => OK
Essay readability:
automated_readability_index: 11.5 13.0946893788 88% => Automated_readability_index is low.
flesch_reading_ease: 61.67 50.2224549098 123% => OK
smog_index: 8.8 7.44779559118 118% => OK
flesch_kincaid_grade: 9.1 11.3001002004 81% => OK
coleman_liau_index: 12.01 12.4159519038 97% => OK
dale_chall_readability_score: 8.89 8.58950901804 103% => OK
difficult_words: 96.0 78.4519038076 122% => OK
linsear_write_formula: 6.5 9.78957915832 66% => OK
gunning_fog: 9.2 10.1190380762 91% => OK
text_standard: 9.0 10.7795591182 83% => OK
What are above readability scores?
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Rates: 84.2696629213 out of 100
Scores by essay e-grader: 7.5 Out of 9
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Note: the e-grader does NOT examine the meaning of words and ideas. VIP users will receive further evaluations by advanced module of e-grader and human graders.