This study aims to investigate the differences in work-life dynamics and time allocation between employees and self-employed individuals in Slovakia, focusing specifically on the balance between paid work, unpaid work, leisure activities, and other non-productive activities. Using detailed survey methodology, this research examines the time use patterns of 632 private sector employees and 116 self-employed individuals, segmented by gender and age groups. The findings reveal distinct differences in time allocation, such as male self-employed individuals spending less time on paid work during work-days but more during days-off compared to their employed counterparts. Female self-employed individuals also exhibit similar patterns, indicating a compensation mechanism for the dual burden of professional and household responsibilities. The study highlights the greater flexibility enjoyed by self-employed individuals, which, while beneficial for balancing personal and work life, often leads to extended working hours and blurred boundaries. Gender disparities in unpaid work persist, with women, particularly the self-employed, shouldering more household responsibilities. The research underscores the need for organizational policies supporting self-employed individuals, including enhanced access to social security and health benefits, and measures aimed at addressing gender disparities in unpaid work. These findings contribute to the literature on work-life balance, organizational behavior, and policy development, offering a foundation for future research.