Benefits of Being a Contractor

Being a Contract Employee can be a valuable and rewarding experience.  

1. Improving Your Resume

A contract position may offer the opportunity to learn new skills or gain needed experience in an area where you may be lacking.

This is especially advantageous if you want to switch directions in your career.

You can gain experience with a new technology or software, too. Perhaps, connect with a new permanent job.

2. A Path to Permanence

A contract position can be a matter of being in the right place at the right time to land that position in a new industry or get your foot in the door at a coveted company.

Even if a contract engagement doesn’t lead to a permanent position, the experience in a desired company can help you land a long-term job.

3. Speedier Hiring Process

There is often a sense of urgency when hiring for a contract position. Employers need someone to fill the position quickly.

The speed of the hiring process can be to your advantage. In some cases, candidates who wouldn’t be considered for a permanent role without the required experience can land a contract position.

Because employers are often looking to hire right away (and don’t have time for an exhaustive search), they may be willing to be more flexible in their hiring requirements.

4. Flexibility Rules

Contract work typically offers more flexibility than a permanent position. You can do your job well, and then go home.

Typically, contract workers can maintain a better work/life balance than full-time staff.

Most contract positions are paid hourly, so even if you are asked to work late, you are adding to your paycheck.

5. A New Direction

A contract position can also serve as a step in a new direction. Maybe you want to change things up a bit. You’re looking for a shorter commute, a better work/life balance, want to try working from home, or explore a new career. 

6. Contracting as a Career

For many people, contract work is a career choice. The contract life offers some benefits that just fit well with certain personalities and lifestyle choices.

Some people thrive on being exposed to “new” job responsibilities, management styles, and co-workers. 

Others enjoy the flexibility and not being obligated to one company for a bulk of their careers. 

7. Covering resume gaps

Contract positions can help fill holes in your resume when you are between jobs.

Rightly or not, employers are wary of hiring those who have long periods of unemployment on their resumes. 

Contract work can give you a job to list on your resume and a chance to continue to build your experience and network. Working contract these assignments shows hiring managers that you take your career seriously, you’re staying connected to your industry, and you are keeping your skills sharp.

8. Financial Reward

In many cases, contract workers get paid more overall than their permanent coworkers. Working in a contract role can lessen the financial burden of being out of work and having this monetary security may allow you to be more selective in your job search and not feel as pressured to take the first permanent position that comes along.