Those who are self-employed have been found to be happier compared to those who work under an employer, reports a new study conducted by Researchers at the University of Durham. This could perhaps be due to the increased flexibility, independence and superior job satisfaction.
Self-employed workers who were successful in their 60s were less likely to retire, he said. 'We found that greater, or potentially greater, earnings around retirement age decreases the probability of retirement of the self-employed,' researcher Simon Parker said.
'Gender, health and family circumstances appear to have little bearing on their retirement decisions.' Even the job may be long on hours and short on pay but they enjoy it, the study said.
Young people should be the target for government schemes to encourage entrepreneurship, the researchers suggest.