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Why people give up permanent for contracting

12/09/18 | Advice & Guidance, Business, Limited Company, Tax Advice

There are many reasons why people stay in permanent roles. There are even more why people decide to ditch their permanent contract and go it alone, contracting to businesses on a temporary basis.

There’s no denying that having the security of a permanent contract, work that comes to you and other benefits offered by permanent contracts can be appealing. But we think there’s a good reason why people give all of this up to be contractors.

 

Why give it all up?

One of the top reasons why people leave permanent positions and become contractors is that they feel they have reached a dead end in their current role. Without a clear path to progress you can quickly become stagnant, sapped of enthusiasm and bored.

If you don’t like the direction the company is going in and you feel like you would do things very differently if you were making the decisions – it might be time to go it alone. You’ll be able to make decisions based on your values and what you really want, rather than what your manager says.

 

It’s a result business

When you are hired as a contractor you are being hired for the results that you can provide. So long as you get the results promised you can avoid a great deal of workplace politics.

 

Expenses

You might even be able to claim back some of your costs as expenses which work to increase your take home pay. Check out our post on this here.

 

Safety

Permanent roles aren’t actually as secure as people think. Especially in our current climate where entire departments could be ‘eliminated’ in a company wide restructure. Gone are the days when people keep the same job for 10 years or more!

Being a contractor gives you more control, you can take the lead, go your own direction and build a personal brand that lasts longer than just your next job. Decided contracting is for you, but don’t know where to start? Contact us now to get the ball rolling.

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