Employed V’s Freelance
Have you ever wondered on the difference between being employed or working self employed on a freelance basis in the fitness industry?
These points below may give you an idea…
Employed | Freelance |
Regularly paid. Either salary or hourly rate, often paid monthly | Set your rate of pay, only paid if you have the work/clients |
Fixed hours | Flexible working hours, manage your own diary |
Holiday/sick pay | No holiday or sick pay |
May get additional training paid for | Will need to fund your own additional training |
May get a gym membership at the place you work | Unlikely to get a complimentary gym membership |
PAYE taxed at source | Responsible for paying your own tax and will need to be set up at HMRC as self-employed but can claim expenses. |
Can give the feeling of stability being part of a company ethos. | Ideal if you have Entrepreneurial instincts |
Feel part of a team | Can be lonely at times
|
Will be answerable to your line manager | Be your own boss |
There may be an earning threshold. (Depending who you work for) | The sky’s the limit! Working for yourself you have the best reason to try your hardest and make yourself as much money/profit as possible. |