TVETipedia glossary
Find and compare definitions of key terms that are relevant in TVET policy and themes. Learn more.
Access information and data on TVET
Find and compare definitions of key terms that are relevant in TVET policy and themes. Learn more.
Self-employment is defined as the employment of employers, workers who work for themselves, members of producers' co-operatives, and unpaid family workers. The latter are unpaid in the sense that they lack a formal contract to receive a fixed amount of income at regular intervals, but they share in the income generated by the enterprise. Unpaid family workers are particularly important in farming and retail trade. All persons who work in corporate enterprises, including company directors, are considered to be employees. Self-employment may be seen either as a survival strategy for those who cannot find any other means of earning an income or as evidence of entrepreneurial spirit and a desire to be one's own boss.
Someone who is self-employed has no employer and usually has no or few employees.