Employment vs Self-Employment: Why Being Employed Isn't Always the Best Option

Self-employment can be a very valuable way to learn how to run and operate a business and gain some invaluable experience.

Employment vs Self-Employment: Why Being Employed Isn't Always the Best Option
Photo by Microsoft 365 / Unsplash

In today's world, there are more and more opportunities for work, be it online digital work, or physical employment. There are more companies in existence today than there's ever been and the opportunities are endless. Even so, we can't help but wonder... which is better between employment and self-employment? Moreover, is being employed always the best option? Let's take a look.

The Elusive Nature of Employment

Despite the apparent proliferation of work, well-paying, stable, and sustainable jobs have become increasingly fleeting. Companies are increasingly devising ways to cheat employees out of their pensions, health benefits, and severance pay. A case in point is Elon Musk's recent forced acquisition of Twitter which left more than 3,000 staff members laid off with no severance pay. Employment is very elusive and that tilts the scale towards self-employment.