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Contract or Permanent Work? Here’s How to Decide.

By October 15, 2019 No Comments

 

In recent years the growth of non-traditional modes of working has grown greatly, many of which are fueled by silicon valley industries. According to the New York Times the occupation of contract or temporary work has grown by 9.4 million from 2005-2015.

 

While some of those numbers are due to transportation networking companies like Lyft or Uber, the increase in this occupation style can not be ignored.

 

Have you been considering a job change? 

 

Understanding the components of each type of work is important to understand what would suit you best. Both job types have unique advantages and disadvantages that when applied to your life could be ideal. 

 

Below are some things to consider when debating what type of work you want to do. 

 

   Contract Work         Permanent Work

Depending on your personality, your unique relationship with your coworkers in both modes of occupation can enhance your job experience. 

 

If you are the type of person who hears your significant other tell you about a dinner with the new neighbors on Friday night and you mumble something under your breath before saying yes  – meeting new people may not be your thing. Being a contracted worker requires you to interact and meet new people – in fact, it’s a key component of your job. 

 

On the other hand, with permanent work, you are able to be as ingrained (or unplugged) as you want to be with your coworkers and the company culture within the bounds of what your company requires of course. Some team building activities are unavoidable. 

 

In both occupation types there is ample opportunity to become a problem solver for your company. Lets face it, most people don’t understand the technicalities of your job.  In fact, they don’t have a clue. 

 

When you work for a company day in and day out you have the opportunity to be the go-to-guy for solving problems. When a coworker has a problem or a task, he knows what is within your realm of expertise and can come directly to you for your help. However that also opens up the opportunity to pigeonholed to a task or even simply keeping up with database or website maintenance. This varies drastically company to company, so this would be something to inquire about in a job interview. 

 

As a contracted worker you are able to come in to a business and act as a change catalyst for solving problems. If a company is contracting out to you it is asking to do something that no one within the company can handle. 

 

Many offices are subject to “normal thinking,” meaning that they tend to subconsciously handle situations the same way over and over again and fail to think outside of the box. They find a normal way of doing things and stick to it. As a contracted worker you have the ability to take the blinders off and a present new way to handle a variety of situations. 

 

Now that we have established some of the working conditions of both jobs let’s take a look at some of the logistics.

 

If you have kids there are pros and cons to both forms of employment. 

 

As a parent having flexibility in your schedule can be a huge factor in your job satisfaction. The ability to be there when your kids need to be picked up, dropped off, etc., is something that is hard to put a monetary value on. As a contracted worker, you often have more options in dictating your schedule than most permanent workers do. This factor makes contracted employment very conducive to a family lifestyle.

 

If you are the primary breadwinner, stashing away retirement, or supplying healthcare benefits for your household then you will need to do some more planning as a contractor. These are important perks for any job, but the level of necessity varies from household to household. 

The type of work you do will most likely be better compensated with contract work, meaning you will get paid more for doing the same thing a permanent worker would do. It just does not provide the benefits that permanent work does, so you have to provide those on your own.

 

Your daily commute is something that you should consider. There is not a hard fast rule with either one of the options because each varies greatly on the job itself- it doesn’t matter if its contracted or permanent. While your commute may vary depending on the job you take, when you need to be in the office may be one of the things you can negotiate with your contract for both types of work. This is one way permanent work mirrors the tendencies of contracted work, it just depends on the job.  

 

Really the only difference in commute is that with a contracted job, the commute will vary job to job and permanent will provide a consistent commute.  However as a contractor your are expected to have to make long commutes sometimes if that is what the available job requires.

 

All of these components are things that should be considered when contemplating what form of work is most conducive to the lifestyle you strive to live. Everyone’s situation is different and what they are comfortable with varies too. 

 

No matter what, you should seek to find a job that is both functional and provides you with the job satisfaction you want. If you would like to explore your options, click here to see what opportunities GTN Technical Staffing can help you find. 

New York Times Article Quoted