Making a career out of contract work isn’t out of the realm of possibility. While it does involve a lot of work, the payoff, the joy of entrepreneurship, is hard to match.
But where to start? How do you keep it going? Last month, I was invited to an event with CaliberLink to tackle one of the industry’s biggest questions: can you make a career out of contract jobs?
Condensed below are the answers:
How does someone get started in the contract workforce? How to find Contract Work?
To start working as a contractor, you need to look for related job boards or work with a recruiter who will then partner you. The recruiter will be able to share the job content, some of the details of the contract role, and what would the requirement be.
I got another job offer…, is it ethical to leave the contract job before completing it?
It’s perfectly ok to leave as there would usually be a termination clause, but make sure to evaluate the permanent role offered. A candidate in a contract position is always in growth position. A sharp contrast with permanent roles, which which may not allow them to learn new skill sets or have new exposure. Evaluate this and then make a decision. Don’t just make a decision based on the fact that there is a permanent role available, make a career-based decision.
I’m worried that if I take on a contract job I will not have the time to go for interviews. How should I overcome this challenge?
Employers are quite flexible with interview arrangements. As long as you alert your employer in advance you could ask for time off for interviews. The key to success here is to be selective in your interview choices as your employer probably wouldn’t be too please if you attend interviews three or four times a week.
How to negotiate a salary and other non-salary benefits before signing up for a contract job?
Leave this to a recruiter, if you are represented, but most of the time the benefits that are the non-monetary are also non-negotiable. However, when it comes to basic salary, there is the possibility of negotiating. A successful salary negotiation can increase an offer an average of five percent.
What is the role of recruitment agency when they place me in a contract position? Will they help me find another job when the current position is coming to an end? How should I work with them on this?
Yes, we would. If there’s no extension to your existing contract, recruiting agencies will usually approach you only towards the end of your contract term. We’ll also try to recommend other roles that we have available. Additionally, you should know that there are no fees involved in working with a recruiter as we are paid by the employers.
I understand that employers prefer job seekers that have a job history with permanent roles that long-term rather than those who take up contract job.
We have seen a different trend in the market, more and more candidates are applying with resumes that show a contract role job history. When it comes down to it, employers are more concern about skill sets than whether it’s a contract role or not.
What are the obvious differences between contract and permanent jobs?
In general, basic pay could be higher for contractors since they receive lesser in benefits, however, the work will be similar for both.
Supply Chain recruiters – do they offer contract opportunities?
The outlook has been bright over the past four years. We have seen a shift in the market practice of having more contract roles, but having said that, there are still quite a few roles for supply chain sector specialist with the right and relevant skill sets.