Earn more on average
Contract work usually requires delivering results, and for this businesses are willing to pay higher on average.
Salaried employees earn a fixed amount no matter how hard (or not) they work. Contractors, on the other hand, typically receive earnings based on how well they do. For those who are really good at their jobs, the potential for more income is almost certain.
Furthermore, as you get better and more specialised at what you do, the better the projects you can land, and the higher the rates you can command.
The idea of being able to set your own hours and days is one of the biggest draws of contracting, and one that employees confined to a desk most envy.
Independent contractors enjoy a better work-life balance than most, which enables motivated individuals to accomplish even more with their time and effort.
With the freedom to choose the clients you’ll work for, you can look forward to numerous different projects across various industries and fields. You’ll no doubt gain experience, develop your skills and build your professional network as you grow your career.
For those who are always up for a challenge and constantly looking to improve themselves, you can find endless opportunities through contracting.
No office politics
A little-discussed perk of being a contractor and going at it on your own is that you’re free from office politics. This internal bureaucracy is inescapable when you’re a permanent employee, and gets even worse as you try to climb the corporate ladder.
Moreover, because you avoid getting tangled in these ultimately useless maneuvering, you’re able to focus solely on your work, letting you complete tasks efficiently and cost-effectively.