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401k, health insurance, dental insurance, vision insurance, PTO…
If or when you have kids you’ll understand the benefits of health, dental, vision, 401k and check every week.
Doesn’t mean you can’t still freelance on the DL too ; )
Childless millennial here. I’ve always preferred the stability of full-time over the chaos of project managing myself freelancing. The inconsistency made it too hard to plan my life.
1. Health insurance like someone else said. 2. Freelance is generally feast or famine, sometimes you’re turning down work other months you’re not working. 3. Hustling for work is a secondary job (throw another 10-15 hours a week on top through reach outs, emails, networking). 4. When you’re not working you’re not earning, this makes taking a holiday in those times a really tricky thing because if a call comes through you may have to cancel holiday or forgo a 10-15k engagement (just an example) which means your holiday effectively costs you not 4k but 14-19k. 5. Freelance is better money if you can get into a rhythm but beware some companies cap you at 8 hours and weirdos underneath want you to work 12 hours. You need the aptitude and force to change those daily limits on a pitch because some agencies have a policy of capping day hours despite the workload. 6. Some years I’ve cleared more than I would’ve as a full time, other years I’ve cleared less.
What a stupid question. 1) benefits. 2) stability.
401k, healthcare, PTO, holidays paid. I would NEVER be freelance
Until Publicis decides they’re done with you and you don’t have all that freelance savings to fall back on.
I make so much more money freelancing. Worth it to not have the benefits.
Art Director 1 There is no way you make so much money as a freelancer that it covers the nearly $3000 per month the employer pays in health and other benefits.
HEALTH INSURANCE. Plus, if you are freelance and it gets slow, you have no billable hours while as staff you get the same amount slow or not. Plus, freelancers are not paid for holidays while staff is and staff gets paid time off for sick leave, vacation, etc.
I would use the word structure. Allows me to plan out my life. Doesn’t matter if it’s a busy week or slow week, I know what I’m getting. And it evens out. There are weeks where I think “I didn’t do a darn thing to earn this check.”There are other weeks where I feel drastically underpaid.
The benefits, if you're buying your own health insurance even for one person it can be four figures and not good coverage even for that cost. The job market can be bad like recently with big business losses, mergers. The no paid time off can be a problem if there are medical or family issues. Or you go take time off and then come back to no work. Being ghosted while you still work somewhere, with cut hours or being strung along about being kept on. Getting handed the worst assignments nobody wants to do. If something crazy crazy in the world happens, no protection with income/healthcare most likely. It can be a huge hassle, places can be shady about giving enough work or too much but wanting it done without overtime. Also getting on freelancer insurance at an agency can be nightmarish, the plans typically have ginormous deductibles if there are problems HR doesn't really wanna help. It would make sense to unionize because the overworking of staff really burned me out for many years, so freelance solves for that in a way with the overtime but it has its drawbacks.