Most of us have to work in order to support ourselves, but it is not done in the same way in all cases. The first thing to do is choose between being employed or self-employed.
Do you want to know what exactly a salaried job entails and why is it the most common way of working? Read on to find out.
The Concept Of Paid Employment
Working for someone else is synonymous with working for someone else or being an employee. It implies that we voluntarily provide services to another person or company and in return we receive remuneration in the form of salary.
The characteristics of this legal relationship are as follows:
- Salaried work is always voluntary , it occurs because there is an agreement between the employer and the worker. Agreement that, in addition, is collected through a contract.
- It is the employer who makes available to his worker the means he needs to carry out his work.
- The employee remains under the management power of the employer , who is the one who organizes the work to be done.
- There is alienness in the fruits . In other words, the result of the work becomes the property of the employer.
- In exchange for the services rendered, the worker receives remuneration .
Advantages Of Working For Someone Else
The main advantage is that all risks and expenses are borne by the employer . For example, if you work in a logistics warehouse and you need safety boots to prevent a falling box from causing a foot injury, it is the employer who must acquire and deliver that material.
As far as risks are concerned, they never fall on you as an employee. If the business goes bad, you could lose your job, but it is the businessman who has put his money in and who could lose the investment and even be left with a significant debt if he has to close.
Working for someone else, you enjoy all the rights recognized in the Workers’ Statute (vacations, extra pay, maternity and paternity leave, etc.) In addition, it is the employer who takes care of your contributions so that you, tomorrow , you can access public benefits such as the temporary disability benefit or the retirement pension.
But this way of making a living also has some drawbacks. For starters, you may find yourself being forced into something that doesn’t really fulfill you in order to earn a living .
In addition, in many cases working for others implies not being able to advance professionally as much as you want, receiving a salary that is not always considered fair or adequate for the work that is done and even having to deal with a boss who does not know how to be a true leader.
Working For Someone Else Vs. Work On Your Own
The self- employed, the self-employed , find themselves in a very different situation. It is true that they are their own bosses, but they also assume much more responsibility , since they have to face all the risks and expenses associated with their activity.
In addition, the self-employed person has to personally take care of paying their Social Security contributions and, since their contribution is usually lower, the public benefits to which they are entitled are lower than those of an employee.
On the other hand, the self-employed person is fortunate to be able to dedicate himself to what he likes and has greater freedom when establishing his work time. And if you do well, you can earn more money than a salaried employee.
Being self-employed is a challenge on many levels, perhaps that is why most people choose to work for someone else. Although there are also many who after being salaried decide to leave their job and start their own business.