The Job Satisfaction Paradox for the Self-Employed – BusinessWeek

How can the self-employed earn less money, work more hours, and experience more work-related stress than the wage employed—yet still report greater overall job satisfaction? The answer appears to be that people value highly the autonomy, flexibility, and opportunity to work in a small organization .

Many studies show that the desire to be one’s own boss is one of the leading motivators of self-employment. Others report flexible schedules are a key motivator of self-employment. Moreover, human beings have a preference for working in settings where they can interact with all the members of the organization, according to research by Bruno Frey and Matthias Benz of the Institute of Empirical Economics of the University of Zurich.

In short, the paradox isn’t such a paradox after all. People will work harder, earn less, and put up with more stress so that they can enjoy the freedom, flexibility, and work environment that self-employment provides.