If you have a significant amount of expertise in a certain field, there are plenty of opportunities to contract and consult. There are pros and cons. The consultant or independent contractor is typically paid better, because companies don’t have the extra expense of health benefit costs and they have a clear ending deadline, paying only for actual work being done. For both parties, it can become a trial for potential full-time work. On the downside, as a contractor, you must always be concerned with the length of your contract, and try to stay ahead of when the next potential contract may come. Additionally, contractors often put in a lot of work in a condensed period of time. However, you get higher pay and have an independent and entrepreneurial approach to getting the work done. At the very least, it can bridge the gap between full-time jobs. It is worth an individual assessment to see if it can work for you.
Thomas B. Dowd III’s books available in softcover, eBook, and audiobook (From Fear to Success only):
- Now What? The Ultimate Graduation Gift for Professional Success
- Time Management Manifesto: Expert Strategies to Create an Effective Work/Life Balance
- Displacement Day: When My Job was Looking for a Job…A Reference Guide to Finding Work
- The Transformation of a Doubting Thomas: Growing from a Cynic to a Professional in the Corporate World
- From Fear to Success: A Practical Public-speaking Guide received the Gold Medal at the 2013 Axiom Business Book Awards in Business Reference
- The Unofficial Guide to Fatherhood