Two articles in as many days condemning the concept of contracting. While we appreciate the obvious risks involved with choosing to work for yourself, we simply cannot agree with the continuing unsupported theories that being an employee is ‘better’ than being a contractor. There are pros and cons to both and the real discussion should be around what’s best for the individual within our current economy.
Let’s get real for a moment, how secure is your employment anyway and what does the term job security even mean? It implies that you’re actually secure when you have a job, but how can that be, when job security is precariously based on market demands? Nothing lasts forever and circumstances can turn on a dime. You can be let go, in some cases without notification. Businesses can go under, change direction and can be sold without warning, leaving employees out in the cold and ultimately, looking for someone to blame.
Ultimately, your income security comes from you and your ability to add value to your customers. This rings true whether you are an employee or self-employed. The world of employment is changing and changing FAST. The gig economy is booming and statistics tell us that currently, 1 in 4 Australians are casual workers and in the next five years, 60-70% of the entire workplace will be self-employed.
If this is the case, shouldn’t we be spending our time educating and informing society on how to better equip themselves for the imminent changes, rather than damning the very way of working that individuals desperately need to understand?
Self-employment is not for the faint hearted. It takes guts, determination and a huge amount of drive and self motivation. It means taking responsibility for your choices, shouldering calculated risks and making informed decisions. As a contractor, you have direct control over the impact of your performance and how you spend your time every day is up to you.
If you’re self-motivated to learn on your own and know how to steer your own ship, you will experience exponential career growth, unlike anything you’ll experience as an employee. Learning to own your own job means that you’re getting one step closer to how business works.
Your success as a contractor is measured by the combination of your aptitude and attitude. In short, you get out what you put in.
At Certica we celebrate and encourage entrepreneurialism and enterprise. We’re huge advocates of the gig economy and self-employment as long as it’s done properly. We’ve been in the business of contractor administration for over 15 years, making sure our clients’ finances are in order from day one. We look after your tax, payroll, super and insurances, so you can concentrate on building your empire risk free. If you’d like to find out more, call us on 1300 301 401.