You may have heard some refer to today’s job market as a “gig economy.” But what does that mean, exactly? In 2018, nearly 15.5 million U.S. workers had alternative employment. This statistic includes independent contractors, on-call workers, temporary help agency workers, and workers provided by contract firms. So, what makes these alternative work options so appealing? Here are four reasons why both candidates and employers are considering contract work arrangements more and more.
Try something new
Dabbling in contract work gives you the opportunity to expand your skillset. Testing unchartered waters in a job that is just outside of your work history with a short-term contract is a great way to give it a trial run. Additionally, having the opportunity to work in new industries with varied teams allows you to gain exposure to different environments and work styles. It’s kind of like trying before you buy! It’s easier to try new opportunities on a contract basis than to head straight into a brand new career.
Contract jobs are perfect for keeping your career options open. Working on a contract assignment often comes with the ability to work flexible hours. These flexible options can be very appealing during today’s gig economy. Thinking about relocating or making another huge life decision? Contract assignments can be perfect while you’re waiting for a more permanent change.
Possibly better pay
While contract work often doesn’t provide the same benefit options as full-time positions, you may have the ability to receive a spike in pay. Because contract employees get paid for every hour they work rather than a flat salary, people who work overtime will especially reap the rewards of a temporary position.
Contract work significantly increases your network and connections. It also opens the door for future opportunities. A handful of the contractors at Johnson Service Group are invited to work full-time once their contract is up. However, you may decide down the road that you’re ready to convert to a salaried position. If this occurs, you already have established a rapport with numerous companies in your industry that are familiar with your talent.