“You miss 100% of the shots you don’t take.”
People are sometimes hesitant to give contracting a shot because they want to feel secure. We get that.
However, the financial downturn of 2008 proved beyond doubt that even permanent jobs may not guarantee a secure career in a volatile job market. In the aftermath of the recession many companies laid off experienced workers to compensate for budget deficits. For many people, the apparent comfort of holding a permanent job suddenly gave way to despair in those uncertain times. It happened before, and it might happen again.
And we recommend considering taking on work as a contracted employee. Sometimes it’s wise to take a shot at contracting just to push your career forward. When you are good at what you do, you might join on a three-month contract and then have your contract renewed twice before you go perm and get a couple promotions in the next five years. According to the American Staffing Association, 18 percent of temp jobs are annually converted to permanent jobs at clients’ sites. So there’s almost a one-in-five chance of going perm and those odds are pretty good. At other times short contracts last a couple of years, which can be longer than some permanent job offers people take.
That’s a good enough reason for you to give contracting a shot.