With the growth of the on-demand economy, people are showing an increasing interest in contract positions to kickstart their careers. Moving from one contract to another, within or across various industries, is being seen as a viable option to gain relevant work experience. While the benefits of a regular job can never be overstated, contractual employment has its own set of pros. And in many cases, the contract is renewable at the option of both parties after the term is over.
If you are undecided on whether to accept an offer for contractual employment, here are three major reasons to sign on the dotted line.
As a contractual employee, you can enjoy a flexible work arrangement, especially if you prefer working on a self-regulated schedule. This means you can easily strike a desirable work-life balance. Working on a contract gives you greater freedom to meet deadlines, which is particularly beneficial for parents who are trying to juggle work and family life.
Contract employment gives you greater freedom to choose where and when to work, and in doing so, lets you break free from the common job restrictions that are binding to regular employment. The usual constraints of fixed working hours are non-existent in contract jobs. That aside, a contractual employee is free to exit the contract if they don’t like the job, subject to the relevant provisions in the agreement. You can always look for a better opportunity or work for several clients simultaneously.
Employees in a permanent position often fall victim to, or indulge in, office politics. But as an employee on contract, you will be judged solely on your output and not on your relationship with the rest of the staff. Your only responsibility is to get the job done, sans any emotional involvement.
While there are uncertainties like being out of contract after the end of the term, contractual employment is becoming increasingly attractive for its consolidated pay packets, greater flexibility and independence, and the chance to gain cross-domain expertise.