• Last 7 Days
    • Last 1 Month
    • Last 2 Months
    • History

What do Brits love most about working for themselves?

Monday 20th March, 2017
Comments
Limited Company
What is it that limited company contractors, freelancers and other self-employed individuals love the most about working for themselves?

According to new research carried out by City Breaks in Newcastle, it's getting to be their own boss, with more than three-quarters (76 per cent) of survey respondents citing this as the number one perk.

Millennials in particular enjoyed this perk; 98.5 per cent of 18 to 24-year-olds stated that this was the best thing about working for themselves.

However, men were slightly more likely to enjoy the responsibility of being in charge of their own career than women (76.2 per cent compared to 75.6 per cent).

The only group of people who didn't rate getting to be their own boss as the main perk of self-employment were Scots. Two-thirds ranked this as a positive factor of working for themselves, but 88.9 per cent said that flexible hours were the biggest benefit, placing this metric top in the country.

Second on the list for the whole of the UK was being able to enjoy flexible hours, which was rated as a perk of contracting and freelancing by almost two-thirds (63.5 per cent) of those questioned. An increasing number of people are opting for self-employment in order to achieve a better work-life balance and the poll results suggest that this is paying off.

This was followed by getting to have the final say, with 40.4 per cent of respondents reporting this as their top perk of working for themselves.

Meanwhile, 16.3 per cent of the people questioned ranked getting to set their own pay rates and benefit from higher pay than they would in a traditional nine-to-five job as the best aspect of being their own boss.

What's more, 8.7 per cent of self-employed individuals said they enjoyed the opportunities to travel that working for themselves carried. Although this won't necessarily be the case for all limited company contractors, it is certainly a major perk for those working in disciplines such as freelance travel writing.


Recent news

50% of millennials 'long for a better work-life balance'

12/12/2017 00:00:00
Comments
Posted by
The 50 per cent of millennials who yearn for an improved work-life balance would be likely to benefit from working as limited company contractors.

Why contractors should take short, regular breaks from their workload

12/12/2017 00:00:00
Comments
Posted by
Regular short breaks are important for contractors to boost their productivity and renew their focus on their workload, according to a new survey.

Is 42 the age to become a limited company contractor?

11/12/2017 00:00:00
Comments
Posted by
Brits begin to lose passion for their career at the age of 42, when money becomes more important than enjoyment, according to new research.