4 Reasons to Become a Contractor
Article by Brian Moriarty, Practice Manager for Jobspring Orange County
America’s labor force has been swiftly transitioning from a large majority of full time employees to many exploring the world of independent contracting and consulting. It has been interesting to observe people’s changing priorities when it comes to their wants and needs from employers. It seems people are foregoing 401k and benefits for a less demanding and taxing daily schedule that allows for a more self-governing approach to employment.
The burden of working 40-50 hour weeks at one company for multiple years is becoming less and less appeasing to people, especially the younger crowds that are growing up in this ever-changing tech world.
There are some obvious advantages to being a contractor, but at the same time, there are some hidden ones. The obvious:
Flexibility. First and foremost, you can work the hours that suit you and your lifestyle best. The amount of money you make is directly related to the number of hours you work but it’s important to note that companies understand the difference between overtime and extortion, so be careful!
Project-based. Another major benefit of being a contractor is that most times you will get exposure to an exciting project and then leave once it’s finished not having to deal with the maintenance or upkeep.
Find your next contract role in a city near you.
In addition to the obvious benefits, there are also some lesser known perks:
Skills Growth. By being an independent contractor, you will have exposure to a wider variety of projects and work environments, which will accelerate your skillset.
Networking. Being a part of multiple companies a year will also expand your network and will increase your chances of capturing unique opportunities. Besides being an independent contractor for specific companies, people have been carving out personal business opportunities from new sprouting tech companies; another way to further your network.
Recently, Time Magazine interviewed the founders from Airbnb about the tertiary markets that have started to formulate from various companies interrupting the norm, which has essentially created a new labor force. The “Sharing Economy”, as it’s being called, has paved the way for people to line their pockets with a little more green; however, it’s being seen as a full time business opportunity for many. Airbnb has approximately 1,500 employees but their model technically employs many more such as renters, various cleaning services, and home insurers. Nonetheless, the increase in contract laborers has been apparent and there are various benefits that attribute to this change.
The labor force is shifting to accommodate the demand for more convenient solutions to life and business problems. Are you thinking about leaving your full-time job and seeing your worth in this world?