Why become a contractor?

Becoming a Contractor effectively allows you to be your own boss. This means you make your own hours.

Wear what you want. Does your current job have a dress code? How does sitting in your pyjamas all day sound; what about just spending the day wearing your favourite pair of worn out jeans and that T-shirt from that unforgettable 1990’s rock concert!  If you are an independent agent, like a freelancer or a contractor, then you decide the dress code in most situations.

Making your own hours does not mean loafing around all day though. It does mean having the self discipline to set aside a certain amount of hours that you work each day. But, as the boss, you get to decide what those hours are. That way you can pick up the kids from school, have lunch with the wife or spouse, go to the gym during the day when it’s not so crowded, and never have to make that horrible rush-hour commute. Being a Contractor is becoming more and more popular for these obvious reasons

Being a Contractor means that you get to set your own prices for what your time is worth. There is no more waiting years for a raise that may never come, if you think the job is paying to low you have the luxury of not taking it on, or in many instances you set the rate as the client is coming to you.

Have you ever considered living somewhere else but your job and family obligations keep you stuck in the same place. Contracting can give you the freedom to take your family, if that applies to you, or just yourself and live wherever you want. So long as you’re local to where the work is you or even better, working as an IT contractor remotely from home.

As far as the rule “if it sounds too good to be true it probably is,” here is something to consider. You should not quit your day job immediately and hope to make $10,000 next month. Instead, start slow and work your way to making the money you want. If you are making the equivalent of your full time job and you have too much freelance or contracting work to do, then think about becoming a full time contractor full time and quit your permanent day job. If you work hard this process could happen very quickly.

The market for Contractors in New Zealand predicts huge growth as employers seek flexible workers without the worry of legal ties. This means if you have commercial experience you could increase your earning power and increase your potential income while having a better work life balance.

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