Freelancing vs. full-time employment. What’s the difference?
When freelancing, you get to work flexible hours, be your own boss and decide who you want to work with, how much you want to work and where you want to get work done.
On the other hand, being a full-time employee gives you certain benefits such as health insurance, pension plans and easier access to loans.
But what if we tell you that with Native Teams, you can combine all of these? With our Employer of Record (EOR) service, you can keep on freelancing but have all the benefits of being fully and properly employed.
Are you not working as a freelancer yet, but would like to become one? Check out how you can easily become a freelancer in 2022!
Why Should You Get Properly Employed With Native Teams?
To Get An Official “Employed” Status
In many countries, being a freelancer is still very much unregulated. In some countries, it is possible to register as self-employed, while in others this is not (yet) possible.
With our Employer of Record services, we offer employment for freelancers. This means that you can get properly employed by all your country’s laws and regulations. You can determine your own salary and see what kind of social contributions along with insurance should be included in your payroll.
To Pay Your Tax Contributions
Freelancing seems to be a grey area in a lot of counties, as it’s often unclear how to declare your taxes and pay social contributions when you work for yourself.
How do freelancers tax contributions work then? When you choose to become properly employed with Native Teams, you’ll get an official employment contract. There, you will see exactly how much your gross and net salary is, along with other country-specific contributions.
We even have salary calculators where you can easily calculate your own salary based on where you live!
To Get Health Insurance
Being properly employed in most cases means that you don’t have to worry about health insurance, as it’s usually compulsory to have this included in your payroll.
To Have A Pension Plan
How about freelance pension contributions? When you have an official employment contract in your country of residence, you’ll most likely pay contributions to your pension plan too. In some countries, you can even choose if you want to have a pension plan with a private company or a state-owned one.
To Get A Loan Easily
Last but not least, when you have a work contract, it is often also much easier to get a loan from your local bank. That way, your dream of buying your home-owner or investing in something else can be closer to becoming a reality!
The majority of us here at Native Teams have worked as freelancers before, so we truly understand the struggles that this kind of work setting can bring.
Our biggest mission is to help freelancers and remote workers be properly employed wherever they decide to live, help with handling their payments, and transform the world of remote work for the better.
We are proud to say that we are one of the largest payroll service providers for freelancers and remote workers based in the Balkan region.
Sign up today, explore all of our packages and get familiar with what Native Teams is all about!