Contract-based work has become a standard part of our economy. Employers are less willing to make long-term commitments to employees and prefer the instability of contract work.
Most contracts last anywhere from three months to a year and do not offer benefits or financial stability. While companies do tend to hire contractors based on experience, they impose tougher deadlines at cheaper rates.
Some of the Drawbacks of Contract Work:
- As a contractor, you may end up on the outside of the inner office circles.
- Your professional attributes and efforts are likely to remain unnoticed due in part to your short term standing.
- There will be no significant benefits to rely on.
- Contractors still answer to companies.
- No employer is going to ask you "What is it you really want to do?" or "How can we help you find your passion?"
It's important to keep in mind that contract work is not for everyone. If you are pulling your hair out at the idea that your contract will soon end and you will once again be back at the drawing board; well then perhaps you should think twice about accepting contracts. This route may mean a longer road to success and stability.
However, there are reasons to participate in contact work. The most basic one is that you need income. There are though, other great benefits of this kind of work..
- If you impress, you might get a chance at permanent employment.
- Less office politics to be involved in.
- Access to more business related tax deductions.
- You get to dab into various industries and work with different people.
- Contract work is results driven so you are free to make your own adjustments.
Either way, WizOf.Biz can help you navigate through this rather unstable economic landscape. Whatever your questions; we have the answer. Our mentors will help you impress during your contract assignment, or give you advice on your business ideas, marketing plans or promotional materials. We can mentor you through the creation of a proper contract or even ensure that your business name and logo will draw attention.
We are here to deliver business wisdom to you.
