Take a look at any job board, in almost any field, and you’ll see one word appear over and over again: contract.
Contract positions are on the rise across the economy, and it’s not hard to see why. When written well, they serve both employees and employers. But some workers still shy away from these roles.
If you see a new job that looks perfect, but you’re not convinced about a contract role, then check out these benefits of this new mode of work!
What Are the Benefits of Contract Roles?
Contract roles differ from permanent positions in some rather obvious ways. A contract operates over a fixed term, and those on contracts won’t qualify for certain employee benefits, like retirement and pension services.
At the same time, there are some real benefits that you won’t necessarily see in the post itself. In our view, the seven big advantages of a contract position include:
- Higher earnings: Contractors earn anywhere from 10-30% more than permanent employees.
- Shorter hiring process: Because an employer only commits for the length of the contract, there’s less risk involved. For workers, this translates into a shorter hiring process. You get the chance to prove yourself on the job rather than for months during the hiring process.
- Flexible career changes: Contractors and their employers may part ways the day the contract ends if they choose. The opportunity to conclude a relationship this way makes it easier to go out and find a new opportunity if you choose to. (Many employers and contractors extend the contract or even transition to become a permanent employee.)
- Opportunities for new knowledge: It’s easier to get a foot in the door with less experience when you get involved as a contractor.
- Similar benefits: Forgoing a permanent role doesn’t mean you miss out on all the benefits. You can still get benefits like healthcare and referral bonuses even as a contractor.
- Work with career experts: Perhaps the most banal aspect of permanent work is trying to move up the ladder. You have to find mentors, make new connections, and look hard for the next thing. When you work as a contractor, you can work with career experts and recruiters, who help you progress through your career.
- Enjoy control of the work you do: A contract role dictates the type of work you do and when you do it. When you enter a contract job, you know what your roles and responsibilities will be.
Is A Contractor Position Right for You?
Contractor roles continue to grow in popularity, and there’s a good reason. As a contractor, you have new flexibility, better pay, and unique opportunities unavailable to a full-time, permanent employee.
Contact Us Today to Find Your Next Contract Position!
Are you on the hunt for your next role? Visit TekCom’s career board to find new projects near you.