Despite advancements in business culture, it's still hard to strike the perfect work-life balance. Between new technologies and advancements in social media, it's almost impossible to shut down when you need to. Perhaps one of the biggest aspects of our lives that takes the biggest hit is our family. When we work long hours, or constantly check email, it's easy for family time to get sacrificed.
But there's good news. If you're looking to capitalize on family time while still crushing your career goals, self-employment may be the route for you. According to a new survey from QuickBooks Self-Employed, self-employed workers have more time with their family. Approximately 1,000 self-employed individuals were surveyed from around the U.S. According to the results, one of the biggest benefits of self-employment is the extra time they have for family.
Approximately 50% said they have more personal time, with 55% claiming more family time. Despite the fact that 35% of individuals end up working longer hours, they still manage to have more time for friends, vacations, and exercise.
Not everything about starting a business is perfect, but if you're ever dabbled with the idea, here's some more interesting takeaways from the survey that might finally sway you.
More money, fewer hours
According to the survey, 38% of individuals work less hours than they used to. When asked why they're working shorter hours, the number one reason given was "I earn more per hour than I used to." Those who also worked shorter hours reported better personal relationships and higher levels of happiness.
Those that work longer hours, love it
Perhaps one of the most surprising statistics from the survey came from those that still work longer hours, if not longer than they used to. Approximately 23% of individuals work longer hours simply because they love what they do. They reported feeling a greater sense of fulfillment and lower stress levels.
You can actually go on vacation
Contrary to what you might think if you're self-employed, you can still take vacation. In fact, only 15% said they weren't taking a vacation this year. Those who are taking a vacation, will be away for at least two weeks. On top of that, 27% of self-employed workers said they can take time off anytime they want, while another 42% said it's easy to do so as long as they plan it in advance.