How To: Accrue Vacation as a Freelancer
It’s nice to be a freelancing coworker in a coworking space. We can avoid workplace politics, cubes, a set work schedule and any number of HR forms. One thing I miss about working a 9-5 job is accruing vacation. Now, I never thought that I had enough vacation but at least I could look at my paycheck and see those sweet vacation hours pile up.
As the year winds down and we find our schedules packed with more family than clients, it’s the perfect time to set vacation goals for 2015. The joy of freelancing means we don’t have to pick the same 2 weeks each year and can take frequent short trips to renew ourselves.
So the question becomes, “Why aren’t we accruing vacation?” If anything, we’re working more hours than most 9-5ers and taking less time off because we’ve lost our work/life balance somewhere along the way. I say, let’s start accruing vacation and USING it. Pick how many weeks of vacation you feel you need per year and do the math.
2 weeks off = 1.54 hours of vacation accrued per 40 hours worked
4 weeks off = 3.07 hours of vacation accrued per 40 hours worked
6 weeks off = 4.61 hours of vacation accrued per 40 hours worked
You can do the same for sick leave as well depending on how much you tend to need.
Are you a freelancer who rewards yourself with vacations? Where do you like to go and what do you do on your vacations?