It may seem that the progress of science and technology will contribute to a reduction in the number of workplaces, but the opposite seems to be the case. The development of the Internet, communication networks, new work methodologies, and all the other benefits of the modern era have contributed to people’s appreciation of their work and their business skills.
That is why the number of contract employees is growing year by year. But this trend benefits not only workers but also those who hire them. At this source, you can find some reasons why employers increasingly have more trust in contract employees than permanent, in-house staff.
No One Nags You
All independent contractors agree on one thing – freedom and autonomy at work are the most significant advantages of this way of being employed. No one is sitting on your head; no one controls you how much and what exactly you do during the work hours – both you and your employer only care about final job results.
In order for employers to ‘chase’ you, and not vice versa, you need to work on improving your business knowledge and skills. The experience will come over time, but before that, you must have something to offer to your future employer, even if you have only collaborated on one project.
Another great advantage is that managing several employers provides you more chances for successful collaborations. And for higher earnings. You can also work for multiple companies and multiple projects at any time. Even being dismissed from a job will not affect your reputation, nor will it have the same weight as if a full-time employee was fired.
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Higher Income
When you are your own boss (and director, and manager, and treasurer), you are responsible for your finances. Simply put – how much you work, you make that much money. All the payments go directly to you. When you need a raise, you just ask your boss – yourself, and then get to work. At any given moment, it is absolutely up to you to decide when, how much, and at what pace you will do your tasks.
Permanent workers generally work for a fixed wage. Unless their incomes depend on bonuses, they receive the same amount of money every month, no matter how much they worked. Their job descriptions include breaks, attending the meetings, communication with colleagues, interactive activities, etc.
Independent contractors are exempt from these formalities. They actually work, though they are not under any supervision. It is in their interest to finish the job as quickly and efficiently as possible and to be paid for it.
What to know about contract jobs is that most of these workers work remotely. Work from home (or coffee shop, or hub, or beach) is significantly more efficient than working in an office. Not spending time in collective means much less time spent on activities that do not contribute to results.
Greater Job Satisfaction
As an independent contractor, you can manage to organize your time as it suits you. Without any pressure from the side, it is only you who is responsible for your tasks, and the final result is up to you. And when you make a mistake or do something better than you expected, you’re the one to blame/praise.
Doing a job without permanent employment carries a certain kind of satisfaction. The mere thought that no one is commanding you makes you feel satisfied and relaxed. You are the one in charge of everything. And when you are happy with achieving a perfect business-life balance, no good business results will be missed.
You Have a Chance to Learn
Job hopping has become a popular business trend in recent years. During their careers, people change several employers and experience work in different positions, with different people, and they’ve had diverse business tasks. Finally, they change jobs even when they are happy with it.
Being an independent contractor is like changing jobs often. You always have the chance to experience something new, to gain new knowledge, to meet different people. As ‘self-employed,’ the chances of advancing knowledge and skills are higher than when permanently employed.
Reason? You, in your independent contractor business, are your only employee. You should invest in the one who has the most responsibilities for job success. And that is – you. In companies, there are many employees, and employers cannot give everyone the same chance of advancement.
It seems that, with the occurrence of independent contractors, permanent work positions are overrated. Frequent changes of employers, working conditions, and requirements can be challenging but bring a lot of satisfaction. And this model of employment is an excellent way for people to learn to swim in the market.
