If you are considering going into the world of contracting from permanent employment, then the following article is worth reading. In Europe it is becoming increasingly popular for highly skilled workers to go into the world of contracting. Contracting offers many incentives as well as risks. Firstly, you need to decide if contracting is really for you? Who actually is a contractor and how to become one?
Who actually is a Contractor?
A contractor is a person who provides his or her services on a short-term basis to a company without being permanently employed by them. The company utilizes the contractor’s skills and knowledge to help aid and assist their current team which may not have the necessary expertise or abilities. Most contractors work on specialised projects or fill a certain skill shortage within a company.
Contracting is popular in highly skilled areas such as; accounting and finance, computer programming and IT. Contractors are employed in almost every sector, from construction and engineering to marketing and nursing.
How to become a Contractor?
To become a successful contractor, it is fundamental that you begin to understand yourself as a product. Recognising what you can offer both in terms of your experience and your expertise can go a long way in securing a fruitful career in contracting. It is a given that to be successful you will need to deliver on every new contract you have. While it might appear to be an obvious part of the project, delivering the expected results reinforces the relationships between yourself and your clients. This can lead to future work with the company and recommendations for future clients. It is vital to decide precisely what your abilities and knowledge are worth. You should also have a strong understanding of the present market rates of contractors in similar roles.
Once you have researched the rates, you will be able to negotiate a decent salary with your future client. Always bear in mind that being competitive and flexible is necessary in the world of contracting as there will always be someone who is willing to do the job for less. You also must ensure you have a detailed CV setting out your skills, training, experiences, and education. Your CV should highlight your strengths and attributes clearly and precisely.
To be a successful contractor it is essential for you to keep up to date with training of new skills and knowledge to help enhance your career. This is the only way to stay competitive in the contracting market.
Emily Cox is a support officer dealing with contractors working in Europe.