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Apr 11 2011

Self Employed in the USA VS. United Kingdom

Self-employed individuals have long been the envy of many who are employed in the private sector. The United States and United Kingdom are two of the countries with the highest rates of successfully-self-employed workers. Eventually these workers may take a job aptitude test and enter the ranks of salaried workers. In recent years, research has been conducted to find out which country has a better success rate among those who are self-employed. The United States came out on top, with its self-employed citizens earning about $13,720 more on average than those in the United Kingdom. Average annual wages of self-employed citizens in the United States are $45,092, while the UK average is $31,372. To put that difference into perspective, it is enough to buy 3,843 Big Mac burgers from McDonald’s.

To earn the same as a salaried worker, self-employed citizens in the United Kingdom must work an average of 146 hours more than a United States self-employed person. That time difference is enough to watch 204 episodes of Glee – or almost any other one-hour television show. In the United States, there are 21,351,320 self-employed people; in the United Kingdom, there are 4,070,059. If these two numbers were put into perspectives of the population of countries, the United States’ self-employed population would be equal to the total number of people in Australia. The United Kingdom’s total number would be equal to the population of Liberia, which is significantly smaller.

The amount of self-employed workers per capita in the United States is also higher than the UK’s. In the United States, 13.8% of the population is self-employed, while 8.96% of the UK’s population is self-employed. The United Kingdom also has a significantly higher tax rate than the United States. Tax rates in the United States are 35%; in the UK, they are 50%. The IRS received $962,791,527 in revenue, which is enough to wrap dollars around the moon’s equator more than nine times.

Being self-employed appears to be more attractive in the United States. Although most self-employed workers can quickly dispel all of the positive misconceptions about not having to take orders from a boss. Nearly everyone is enticed by the idea of being their own boss, but the reality is that taxes are higher for self-employed people, both in the United States and the UK. In addition to higher taxes, the income isn’t always guaranteed. Whether a self-employed person works as an independent contractor or a has a business they run as a separate entity, there are many other financial obligations that must be met before the self-employed individual can actually “pay” themselves with the funds. Starting a business or becoming self-employed takes a lot of research, hard work and diligence. Having a steady job is an asset to anyone and eliminates the worry and stress of wondering where money will come from. Those who feel lost in the job search benefit from taking a career assessment test or job aptitude test. Both of these tests provide helpful suggestions for finding optimal employment, based on personal strengths and weaknesses.

By Career Explorer

Feb 28 2011

highest paying careers

The Highest Paying Work From Home Jobs

Many individuals looking for work from home jobs are interested in the benefits, but worry about the possible decrease in income. Because of the growth of technology in the last decade, it is possible to perform a great variety of jobs in several professions at an equal or even higher salary than in a traditional office setting. If you have taken a career aptitude test to determine what jobs would best fit your interests, and are looking into working from home, the following are the highest paying work from home jobs available.

If your career assessment test indicated that you have a strong interest in computer programming, then options such as a web software engineer or a graphic designer might be of interest to you. Web software designers are some of the highest paid work at home professionals who have the luxury of working on those projects that interest them with companies of every size. Both of these jobs require higher education and skill which accounts for the higher rate of pay. You can expect to earn anywhere from forty to seventy thousand dollars in either of these professions.

Other traditional work from home jobs like a travel agent or medical claims processor still command a respectable and some of the highest work from home salaries for those that are dedicated to the profession. Earning an annual salary between thirty and forty thousand, individuals that score well on an aptitude test are able to easily enter both fields. For those with a career assessment that indicates a high level of self motivation, public relations and inside sales are ideal career options. A public relations professional and inside sales representative need to rely on themselves to find clients and then create opportunities for those businesses they represent, so both are very time consuming career choices.

More successful and high paying work from home careers include using skills that you may already possess, and free career aptitude tests can be helpful in identifying and pointing out options that you might not have considered. Technical writers and translators or interpreters assist others in understanding information that they need to perform any number of functions, or just basic living. Both of these skills can be performed right in the comfort of your home and websites, businesses and other professionals are always looking for assistance of this form.

Finally, handling the property or wealth of others as a property manager or financial planner are career choices that pay between forty and sixty thousand dollars. In order to be successful in either of these careers you need to have both a career, a decent clientele and be good at your job in order for future and current clients to trust you with their money and property. If you are good at the job though, it is possible to make a lot more than the average person that enters these careers normally would.

Just because you are considering a work at home job you do not have to compromise the amount of income you can earn. As a successful at home worker you will need to take advantage of every opportunity open to you to ensure that you are able to perform your job and keep earning for as long as possible.

By Career Explorer