Know the Difference Between Full-Time, Part-Time and Freelance Jobs

  • Skillroads
  • Blog
  • Know the Difference Between Full-Time, Part-Time and Freelance Jobs

 Sometimes many of us are overwhelmed by the thought that the hours spent in traffic jams on the way from home to work and back could be spent more efficiently. Perhaps it's time to relocate to a cozy co-working space near the house or create a peaceful workplace at home?

Remote work is becoming more and more popular nowadays, plus it enables you to improve your work-life balance and decrease the amount of stress you gain while working in the tense office environment; according to the Virgin Media Business report 86% of employees feel happier when working from home than those who don’t. These numbers are astonishing and make you think of considering part-time or a freelance job, however there are still some uncertainties on that issue.

Let’s discuss the pros and cons of partime job opportunities, full-time work schedule, and online freelance work to help you decide which one of them suits you best.

Full-time employment

full_time_employment

Salaried employment provides numerous benefits including financial stability, health insurance and other benefits of corporate social package, plus you are able to network face-to-face and get mentored, which is extremely useful for industry freshers or graduates. However, it requires you to be able to follow the 9-to-6 work schedule, which sometimes is quite exhausting if you live far from work and have to spend hours commuting. Recent researches conducted by the University of the West of England show that every 20 extra minutes spent on the road lead to the same dissatisfaction level as receiving a 19% pay cut.  

Let’s categorize all the pros and cons of full time employment to have a clearer view of the situation:

Pros of full-time employment:

  • Stable monthly income and financial security
  • Full access to social package benefits
  • Effective communication with team members
  • Mentorship and professional advice
  • Great opportunity to develop self-discipline
  • New friends and better social life

Cons of fulltime employment:

  • Time and effort spent on travelling
  • Inability to concentrate in an open-space environment
  • Fixed working hours and strict office politics?
  • Inability to work remotely or take a day-off without an approval from your manager
  • Stressful daily grind which decreases the risk of insomnia and depression

Part-time job

part_time_work

Sometimes people tend to confuse part-time employment and freelance work. However, if you’re looking for part time job you must understand the core difference between part time and full time types of work. While freelancers are self-employed, part-time workers are still considered to be a part of the company and eligible for corporate benefits. Part timers work 30 hours per week or less and are involved in the vast amount of workflows, unlikely freelancers who work on a particular projects.

Recent Internet Survey conducted by the National Society of High School Scholars shows that more than 50% of respondents need earnings either to repay their college loan or to contribute to household income. Part time working hours allow students to combine both working and studying at the university or college and also provide work flexibility for young parents who are responsible for taking care of their new born child.

Thus, taking this into account we can list the pros and cons of part-time employment.

Pros of part-time jobs:

  • Flexible work schedule; part time job hours are not always fixed, it depends on the type of work you do
  • Financial stability
  • Access to some of the corporate benefits
  • Networking
  • Experience of working in an office environment
  • Better social life

Cons of part-time jobs:

  • Lots of responsibilities in a short time frame
  • Blurred career prospects
  • Low salary
  • Hardships with handling both career and studying/parenting
  • Fewer benefits comparing with full-time employees

Freelancing life

freelance_jobs

Freelance job is a great way to live your life and make money without being turned into a corporate slave. If you prefer working alone and feel yourself capable of attracting new clients or have already developed your own professional network – go for it! There’s no better way to take control over your career than to become a freelancer, however there are still some difficulties which freelancers are constantly struggling with while being self-employed. Plus, not everyone is able to self-discipline oneself and constantly lacks motivation without being pushed either by scurrying co-workers or an overly demanding boss.

To make things clear, let’s take a closer looks to the pros and cons of a freelance job.

Pros of freelance work:

  • Ability to work from any place you like
  • No fixed work schedule, you can plan a visit to a doctor or a date with your spouse and don’t report to anybody. It’s up to you to decide when it is time to work
  • Less stress and more relaxing environment. If you are introverted and have troubles with socializing, then freelancing is a perfect option for you
  • Ability to choose projects according to your career goals. You don’t need to do the monkey work; you are in control of every task you receive and able to say no if you’re not interested
  • Direct communication with clients; you are able to discuss all the issues without a third (controlling) party involved
  • No boss, you’re the only one who is in charge of your results and that’s sounds awesome!

As you can the main advantages of freelancing are defined by the fact that there’s no one to control your work and tell you what is right or wrong, but let’s discuss the other side of the coin.

Cons of freelance work:

  • Irregular income and financial instability; if you allow yourself a lot of freedom, then you will earn very little.
  • Constant self-discipline and self-control. If you want to earn good money, you will have to discipline yourself and plan your working day, week and month. No one but you is capable of doing that. Remember, there is no boss!
  • Customer search. You must put a lot of time and effort to search for clients; otherwise you’ll be left without a paycheck
  • Reputation risks. If you’ve left your customers satisfied then relax but if not, get ready to receive bad reviews, complaints and gain bad reputation; there’s no one to blame. Everything depends on you
  • Poor social life. There’s no need to mention the major role of short talk between co-workers - it helps your brain to recover from monotonous routine and a couple of witty jokes are able to perk you up better than a cup of freshly made espresso; as a freelancer you are deprived of it

No matter what type of work you prefer, remember things may change. Sometimes it is worth considering part-time employment (if you’re a student or a young parent) and sometimes, it is better to become a full-time employee and gain experience in office work, especially if you’re just starting your career. Plus, it provides you financial security.

As for freelance employment, it’s a good option for those who are already known in the professional circles and their reputation speaks for itself, otherwise searching for customers from scratch might turn into a big headache. However, if you’re truly determined to follow your own way and developed a powerful strategy, don’t hesitate and go for it!

Random posts
10 Red Flags to Look Out for in Job Descriptions

This article will prevent you from skimming job descriptions, as after reading it you will see how many red flags can become visible even before you started to apply. 

The Best Time of the Year to Apply for Jobs (and When to Avoid)

Each person who encounters job search has a question, which arises in their mind - “When to start applying for jobs?” This article highlights what every employee should take into account to succeed in the daunting process of job search.

How to Take Your Resume to the Next Level Using Powerful Words

Keep reading, if you want to know why strong resume words are important for creating a unique resume or cover letter, which types exist and how to properly use them in your resume or cover letter and become a dream candidate.

40+ Best Online Courses to Take to Boost Your Career Prospects

How can you equip yourself with the right knowledge and skill set for today’s jobs? Through online learning. Thanks to technology, you can conveniently take any of the in-demand online courses to develop new skills that make you more marketable in today’s workplace. In this article, we will focus on the websites that offer these courses as well as the best courses to take to get a job.

Catchy Motivation Letters That Will Land You the Interview

Writing a successful letter of interest is an integral part while applying for a job. Read the article below, if you want to know tips and tricks that will help you create a letter of motivation and get a job of your dream.

How to Handle «I Will Get Back to You» Objections

Have you ever had an amazing interview at an amazing company? From the moment you entered the building, it was unbelievable, the interior looked cute, the employees were enthusiastically buried in work and the coffee points were filled with friendly chatter. To sweeten the deal, the interview was going absolutely great.

 

10 Stunning LinkedIn Background Photo Ideas

Don’t know what to put as your LinkedIn background photo? This article provides you with pieces of advice on all of the hows and whys of choosing a picture.

Is It a Good Idea to Lie on a Resume?

So, you’ve found a job position that seems perfect for you. Almost perfect. You have all of the necessary skills and good work history, but your academic degree doesn't meet the requirements. Should you apply anyway? Also, if you decide to send your resume to the employer, should you ignore the fact that you don’t hold the required degree? On the other hand, is lying about education on resume appropriate?

20 Facebook Groups You Can Join to Find Your Next Job

Ah, the age-old routine: you’ve found yourself unemployed, in need of a job, and wanting to not starve to death. Great! What do you do? How do you look for the next job? You might go to an online job board service, such as LinkedIn or Monster, and skim through all the hundreds of jobs. You might get out your newspaper and examine the job listings section. You might even attend a job fair. 

But what if I told you there was another way to find yourself a job? No, this is not one of those freelance markets like UpWork, Freelancer, and Fiverr. I present to you the giant of a site, Facebook. 

Into the Jungle: How to Survive in an Open Plan Office? (Without Eating Your Coworkers)

Open space office design, which is so popular nowadays, does not always cope with its mission - to ensure better communication and encourage idea sharing. At the same time, employees are increasingly complaining about the noise, lack of privacy and other inconveniences. But what if you are forced to work in an open cubicle which doesn’t seem to be an incredible office and you are constantly getting distracted by the noisy coworkers? Let’s discuss how to survive in an open space office and remain calm and composed at work.