Many event planners are self-employed, while others work for businesses or organizations. There are advantages and disadvantages to each type of position. If you decide that you would like to pursue event planning as a career, it's helpful to know which type of position would best fill your needs.
As an independent, self-employed event planner, you have an enormous degree of flexibility. This flexibility extends to:
* The types of events you plan
* The number of events you plan
* Where you work
* The hours you work
An independent event planner can specialize in a certain type of event - weddings, for example - or have the opportunity to plan a wide variety of events. Because they're self-employed, they can work either part-time or full-time, depending upon their preferences. They can work from home, which gives them the opportunity, for example, to greet their children when they come home from school. Since they set their own schedule, they can maintain a high quality of life and work the hours that best suit their lifestyle.
*Some other points to think about*
The benefits of being self-employed are counterbalanced by some drawbacks. The primary challenge is an inconsistent income stream. Because freelance event planners can't count on a steady pay cheque, they can have the tendency to overbook themselves and experience stress. Similarly, they don't have a safety net, such as sick time or holidays, to tide them over should they become ill. Since a self-employed event planner is, in effect, a small business owner, they must also have strong business and marketing skills.
Finally, depending on where the event planner lives, they must also be aware of the tax implications of being self-employed, such as paying income tax (we cover this in our Diploma in Event Planning).
*Why you should become a permanent employee*
Being employed as an event planner, on the other hand, brings with it a semblance of financial security. In addition to a regular pay cheque, it's likely that their employer provides them with some benefits, such as sick leave and holiday pay. Similarly, working for a company often gives the event planner an infrastructure of resources upon which to draw. Office equipment, extra staffing, and a departmental budget are often available to them.
*The drawbacks of being a permanent employee*
An employee simply doesn't have the flexibility that a self-employed event planner enjoys. The employee may only have the opportunity to plan a limited type of event, they are subject to supervision and office politics, and they are usually expected to work regular business hours as well as the extra hours needed for after-hours events.
*It's your choice*
Whether you thrive as an independent event planner or as an employee is to a large extent determined by the type of person you are. Entrepreneurial types do well working independently, while those who feel more comfortable with a regular pay cheque will feel less stress working as an employee.
As an independent, self-employed event planner, you have an enormous degree of flexibility. This flexibility extends to:
* The types of events you plan
* The number of events you plan
* Where you work
* The hours you work
An independent event planner can specialize in a certain type of event - weddings, for example - or have the opportunity to plan a wide variety of events. Because they're self-employed, they can work either part-time or full-time, depending upon their preferences. They can work from home, which gives them the opportunity, for example, to greet their children when they come home from school. Since they set their own schedule, they can maintain a high quality of life and work the hours that best suit their lifestyle.
*Some other points to think about*
The benefits of being self-employed are counterbalanced by some drawbacks. The primary challenge is an inconsistent income stream. Because freelance event planners can't count on a steady pay cheque, they can have the tendency to overbook themselves and experience stress. Similarly, they don't have a safety net, such as sick time or holidays, to tide them over should they become ill. Since a self-employed event planner is, in effect, a small business owner, they must also have strong business and marketing skills.
Finally, depending on where the event planner lives, they must also be aware of the tax implications of being self-employed, such as paying income tax (we cover this in our Diploma in Event Planning).
*Why you should become a permanent employee*
Being employed as an event planner, on the other hand, brings with it a semblance of financial security. In addition to a regular pay cheque, it's likely that their employer provides them with some benefits, such as sick leave and holiday pay. Similarly, working for a company often gives the event planner an infrastructure of resources upon which to draw. Office equipment, extra staffing, and a departmental budget are often available to them.
*The drawbacks of being a permanent employee*
An employee simply doesn't have the flexibility that a self-employed event planner enjoys. The employee may only have the opportunity to plan a limited type of event, they are subject to supervision and office politics, and they are usually expected to work regular business hours as well as the extra hours needed for after-hours events.
*It's your choice*
Whether you thrive as an independent event planner or as an employee is to a large extent determined by the type of person you are. Entrepreneurial types do well working independently, while those who feel more comfortable with a regular pay cheque will feel less stress working as an employee.




