Being a freelancer or an employee is worlds apart. As a freelancer, you effectively become your own employer. The table below shows the biggest differences between a freelancer and someone in contractual employment. 


Freelancer

Employed

Multiple businesses

Employed by one company

Tri-party agreement

Employment contract

Flexible working hours

Fixed hours per week

Flexible income

Fixed salary

Flexible hourly rate

Fixed hourly rate

Responsible for own administration

No administration 

No standard insurance for incapacity for work and damage to persons and/or property. It is hence recommended that you take out insurance yourself. With YoungOnes you are insured for free for every gig you work via the platform

Standard insurance for incapacity for work & damage to persons and/or property

No accrual of pension, holiday pay and sick leave

Accrual of pension, holiday pay and sick leave

     

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