Types of Design Work
In the design industry there are different types of job; Freelance, Part-time, Contract/Agency and Fulltime.
Freelance is when you work for yourself. This means that you have a business license and pay your own taxes. You either have a sole-proprietorship or an LLC. The plus side is that you’re your own boss, you get to choose what projects you take on. Although I see this as more a hustle which is susceptable to the feast and famine of being an independent artist.
Part-time is when you’re employed but work less than 40hrs/wk. The plus side is that you will probably have a less demanding schedule. The down-side is you may not get full benefits package and full paycheck that full-time employees get.
Contract/ Agency means that you work contract jobs that are brought to you by an agent at an agency. The plus side is that someone does the job searching for you, the down side is that the agency takes money off the top of your paycheck. Although you usually set your asking price and your agent will assure that you get that rate.
Full-time means that you are fully employed by a company. The plus side is that you will have a steady paycheck but the down side is you will have a boss and a schedule that may be demanding.