Is it even worth doing this? You are generally better off self employed (because one can deduct various expenses) than as an employee, IF you're being compensat

Is it even worth doing this? You are generally better off self employed (because one can deduct various expenses) than as an employee, IF you're being compensated correctly (meaning, you're essentially paid "cost to the company" and take care of everything yourself, instead of being paid your gross wage as self employed)