In today's challenging economic climate, implementing digital transformations is posing problems for organisations worldwide. This means employers are turning to IT contractors to add technical skills in areas where they’re lacking. Their flexibility mean employers can typically spend less as they deploy their expertise when needed.

 

But what are the benefits of IT contracting for the professionals offering their services? We dive into the advantages of switching from a permanent role, and helping you decide whether it’s the right move for you.

 

A poll on the Hays LinkedIn page of more than 3,000 people revealed flexibility as the biggest advantage of becoming a contractor. For those outside of office hubs or with commitments outside of the workplace, this autonomy is hugely important. A perk of many contracting jobs is the increased likelihood of working remotely or flexible hours. Overall, IT contracting can be a great choice for achieving a better work-life balance.

 

Similarly, another advantage of IT contracting is the ability to choose which projects to work on. This can change between contracts, too – one month, your focus might be on higher daily rates, while your next decision might be based on the client’s prestige, or opportunity to work with a specific technology platform.

 

Greater demand for IT contractors means there is the potential for higher remuneration. Organisations need specialists to help solve problems over shorter time frames, who in turn can command larger fees. Additionally, many contracting roles will also pay overtime and could be more tax efficient depending on your location.

 

How much does an IT contactor make? That, again, depends on your location, as well as your area of expertise.

 

For example, our IT Contractor Rates Guide reveals that Business Analysts can command over $1,150 a day, while a Project Manager would earn up to $1,200 daily depending on their seniority. For those working in cloud solutions, engineers can expect anywhere up to $1,1500, with some contracts even reaching $1,500 per day.

 

In today’s rapidly evolving tech landscape, staying relevant is vital for success. With this in mind, becoming an IT contractor gives you the possibility to learn a lot in different areas – and fast. You’ll have access to a range of technologies in areas that will broaden your skillset.

 

Contractors often need to hit the ground running, rather than undertake a longer onboarding process. While it’s true that you’d be brought in for your existing skills, there's still an emphasis on gaining new knowledge and rapidly upskilling within the role.

 

Working on contracting jobs also means freedom from workplace politics and the stressors associated with a more traditional career. For many, climbing the corporate ladder will entail sweating over performance appraisals and even grafting extra hours in the hope your boss will notice and promote you at some point. Alternatively, you might not see eye to eye with colleagues, stakeholders or even your manager. These things can make work less enjoyable.

 

These pressures are often removed when contacting in IT. When you’re brought into a project, you’re there to do your job to the best of your ability and leave once the assignment is over. As a result, you don’t need to worry about the long-term game-plan for moving upwards within an organisation. Likewise, if you don’t get on with anyone during the project, you only have to tolerate it for the remainder of your contract.

 

Due to the number of IT contracting jobs you’ll work on; you’ll have more opportunities to build professional relationships and make valuable connections. By ensuring you make a good impression during your assignments, you’ll find it easier to keep the door open for future openings there. Likewise, key stakeholders are more likely to recommend you for other IT contractor roles in the future – or at least give you a good reference.

 

Still wondering whether IT contracting is worth it, or whether it’s right for you? Try reading this blog, it outlines the things you need to consider when you get started, including setting up your business, promoting yourself and, of course, finding IT contractor jobs that are right for you (something Hays can assist you with).

 

If you haven’t thought about IT contracting before, this can see like a daunting step. However, there are plenty of advantages for skilled tech professionals.