PMs/Producers who have done both full time and freelance work - what do you prefer/why? Thinking about giving freelance a try, but am intimidated by the prospect of leaving a salary/benefits behind.

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I prefer freelance with the intent to be full-time after X month(s). I want to be able to test the waters to make sure the agency is a good fit for me, but if it's not, be able to leave with no bridges burned. Additionally, I like the opportunity to prove myself to the agency to be able to negotiate a higher salary (even above freelance rate) when hired on full-time.

However, I wouldn't recommend jumping around as a PM, if possible, because it is a decent amount of difficulty to be able to pick up learning curve-wise each place you go. As far as benefits, when I was freelancing my agency had to offer a high-deductible plan to me for being over 30 hrs/week. It was shit, but it was cheap AF. If you don't need regular insurance, it's a decent option though. Hundreds less per month than what you'd get on the insurance marketplace.

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Freelance is great for the money and for exposure to different agencies and cultures. Unfortunately, it can also be bad for your progression. I know great PMs who have earned a fortune, but who are stuck at a level of doing rather than leading. I would always suggest full time engagements of at least 1-2 years if promotion and leadership are your ambitions. It takes that time to really understand any agency and to develop the trust, strong relationships and specific agency knowledge required to be effective. Find the right environment, where your craft is respected and where there are clear opportunities to learn and progress, then work really hard. Fast forward 3-5 years, and you will be further ahead, earning more and have a larger spread of opportunities as a result.

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More money in freelance - for sure- nice while you're young or don't have a family. However the paid time off, vacation, 401k, healthcare and Relative security of staff are great to have if you've got kids.

PM1 is spot on. So is GS1... PTO and 401k are wonderful. It also depends on if you like and do well with routine and structure.

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Dear fishes,

What will be the In hand salary ...
Please help me guys

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