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So, you want to be a contractor...
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The idea of taking on a contractor role can be a scary one. You may be put off by the idea of having to job search every 6 months, and being more easily expendable when times are tough. But part of the hesitation is not knowing how it all works, and what’s needed to become a successful, ‘always in demand’ contractor who never seems to be short of work.
Here’s what you need to know about the most successful contractors we know:
- The specialist mentality: they specialise in an in-demand tech stack and often choose roles with projects that will increase their value as a specialist.
- The networker: they are good at using their network (their trusted recruiter😉 and other contractors) to keep an eye out for their next opportunity.
- The salesperson: they are confident in their skill set and can sell them themselves effectively in an interview.
- The quick thinker: they are good/experienced at making decisions quickly because the hiring process as a contractor moves faster. You could interview and get an offer on the very same day!
- The professional: their skillset and behaviour must reflect the premium rate they’re being paid for.
Some admin stuff you also need to know:
- You only get paid for the days you work - there is no sick pay, holiday pay etc.
- Contracts tend to start at 6 months with a possibility of an extension, but we are also seeing an increasing trend of 12-month contracts being offered straight off the bat. It’s also important to remember this is all fairly negotiable.
- Notice periods are shorter for contractors, usually, it’s 2 weeks.
- You don’t need to have a Pty Ltd company, you can get payroll done through a provider like Lookahead.
Want to find out how contracting through Lookahead works? Get in touch today!