In today’s fluid job market where professionals seek flexibility and autonomy, the transition from permanent employment to contracting is more popular than ever. This move can allow individuals to take charge of their careers, choose projects that align with their strengths, and earn higher pay. Any such transition will demand careful planning and thought to ensure success. This blog seeks to guide you through the process, highlighting essential steps and how to succeed.
Why Choose Contracting?
Contracting offers unparalleled control over project selection, work locations, schedules, and income. As a contractor, you can become your own boss, define your career path, and shape your professional aspirations. This is hugely appealing given the busy full lives most of us lead.
Making a Smooth Transition:
-Plan Strategically: Evaluate your strengths and unique selling points, align them with market demands, and plan your contracting journey. As a contractor you are selling your experience. Potential employers are looking for you to be able to ‘hit the ground running’ there is usually no opportunity for a steep learning curve – contracting is not for people looking to get into a new career – you are selling your existing skills.
-Manage Finances: Embrace financial responsibility by understanding your income and managing business expenses independently. At E-Frontiers, we have a dedicated contractor onboarding specialist who will guide you through this process.
-Continuous Learning: Prioritise upskilling and stay updated with industry changes to enhance both your profile and marketability. At e-Frontiers we are happy to talk to and advise candidates in these areas.
-Organisational Skills: Flexibility, initiative and learning on the job are key for a contractor.
-Mastering Interviews: Approach contract job interviews by demonstrating how you can add value to projects and showcasing your adaptability. And be honest about why you want to make the move to contracting.
A good relationship with your specialist recruiter is essential here. They will be able to give leadership and advice and a steer on what contracts may be the best opportunity for you.
Essential Skills for IT Contractors:
-Technical Proficiency: To thrive as an IT contractor, you need a strong foundation in your area of specialisation. In-demand tech skills within the current market include Technical Project Managers, Change and Strategic Managers, Business Analysts, QA’s, Software Development, Cybersecurity, Cloud Computing, and Networking.
-Adaptability: This is essential. You will need to be able to thrive in diverse project environments and quickly adapt to new technologies and systems.
-Communication: Effective communication and client understanding are essential for collaborating with a variety of clients for successful project delivery.
-Financial Acumen: Learn to manage your finances, negotiate rates, and handle taxes, all vital skills for an independent contractor. If this is not your area of expertise – don’t worry. Here at E-Frontiers, we can recommend accountancy companies that will guide you through managing your finances and invoicing. We will also be there to help walk you through the process of setting up as a contractor and negotiating rates.