As an IT professional, you may have tried to weigh the benefits between holding a full-time job or working on short-term contracts. While each can be viable options for your career, which is right for you ultimately depends on where your priorities lie. To help you sort through your options, here are some key points to consider about these employment opportunities.
Even if a full-time and contract position function with the same job title, the actual duties that will be assigned can be somewhat difference. Often, contract employees are given the chance to focus on their core skill set, since the positions are typically associated with a particular project or goal. This means you’ll spend less time on tasks outside of those core competencies, making it ideal for those who want to work in specialized positions without any excess.
Full-time positions often have duties outside of the core set. For example, software developers may be responsible for projects as well as providing a level of support to end-users and performing certain maintenance activities. This can provide a more well-rounded experience and may appeal to those who like diversity in their daily tasks.
Most full-time positions come with a range of standard benefits, including health insurance, paid time off and retirement options. This allows you to coordinate multiple needs through your employer, and can provide a level of security to those who don’t want to manage these requirements on their own.
In contrast, many contract positions provided limited, if any, benefits beyond a paycheck. Depending on the length of the contract, you may have some opportunities for paid time off, but companies aren’t required to provide these benefits. Additionally, you’ll likely be responsible for managing your own retirement, healthcare, and even tax withholdings as a contract employee. You may have a chance to explore less expensive options for insurance or have more control over your retirement, but it will require you to be more hands-on than full-time employees generally have to be.
Sometimes you don’t know whether a workplace is right for you until you are seated at a desk trying to get your work done. While full-time employees have limited options for leaving, often feeling they have to tolerate less than ideal circumstances for at least a year or so before jumping ship, contractors have a defined end date from the beginning. This means if the environment isn’t a great fit, you already know when you can head out the door.
However, if the company offers a great place to work, contractors might not have the option to stay regardless of how well they perform in the position. In some cases, you might be given the chance to sign on full-time, but that isn’t guaranteed. Full-time employees are generally hired with long-term potential in mind, meaning they can enjoy the workplace for as long as they choose.
Whether you should choose full-time or contract opportunities depends on what you value. Both approaches to your career have merit, so there is no inherently right or wrong answer. Instead, consider which advantages appeal to you most and whether the drawbacks are tolerable. Then, shape your career in that image. In the end, if your original choice isn’t the right one, you can always choose to change directions.
If you are looking for either a contract or full-time opportunity, The Armada Group can help you explore your options. Contact us today and see what is available in your area.