Unit 8 lesson work

Pros and Cons of Freelance Working

Pros:

• Lots of opportunity for work. 
• You are working with a client's standard terms which could make your job easier in some ways. 
• If you are able to, using your own contract to start negotiations, can give an impression of professionalism and also puts you at a significant advantage, not only during the project itself but also in terms of any negotiation before the contract starts and your rights once a project is over.
• An advantage is that, where you are able to provide the services for less than the fixed price there is no legal obligation to charge any less. You know how much you will receive, no more, no less.   

•  You get to choose who you work with (freedom) and make a lot of the creative decisions regarding what type of media products you want to make.

• Solicitors can provide a contract you can use to decide when and how you work, your pay, responsibilities.  

• Can take as many holidays as you want to.  

• Career is built on relationships with your clients, improving your quality of work. 

Cons:

• You may often find that you do not have the option to work on the basis of a contract of your own as many companies (and most agents) have standard documents that they will.

• You'll never know when work is coming your way.   

• You will only get a trigger payment meaning that the amount will not differ no matter how many hours you put in.

• Because with fixed price contracts, the freelancer takes the risk of the project scope being unclear or unmanageable, a contract of this kind is only advisable where the scope. 

• With free lance work they wouldn't get the benefits of working full time like holiday and sick pay, or maternity leave etc.  

• You wouldn't get a bonus. 

• Would have to get your own insurance which might take a long time and it could cost a lot.   

• One of the risks of being an independent freelancer, rather than an employee, is that you are more likely to be sued where things go wrong.  

• Maintaing high quality of work to keep your reputation in tact could be hard.