{"id":389,"date":"2018-03-13T08:31:51","date_gmt":"2018-03-13T08:31:51","guid":{"rendered":"http:\/\/talentedtester.com\/?p=389"},"modified":"2018-03-31T05:35:29","modified_gmt":"2018-03-31T05:35:29","slug":"risky-contract-jobs","status":"publish","type":"post","link":"http:\/\/talentedtester.com\/risky-contract-jobs\/","title":{"rendered":"How Risky are IT Contract jobs?"},"content":{"rendered":"

When it comes to choosing between a permanent IT job and an IT contract<\/a>, you always prefer permanent because you have job security and you do not have to go for job hunting after the contract expires. <\/p>\n

Though people fear that contractual job has certain disadvantages, they miss seeing that it gives you an advantage to work at your own time, flexibility to earn at your own comfort and pays you more than your permanent job.<\/p>\n

Risks are present in a permanent job as well, you may get fired if you do not abide by the rules and regulations of the company, do not maintain proper discipline, confidentiality and break the rules. It’s just that we have built a perception to see both the jobs at different angles. In this article I will make you aware of \u201cHow Risky Are IT Contract Jobs?\u201d and some amazing statistics on how the world is shifting from permanent job to contractual job.<\/p>\n

Should you give up your full-time job for a contract?<\/h2>\n

If your thoughts are dwelling between a full-time job and contact job, I would suggest going with the contact job if it gives you a better career opportunity and at least 50% salary hike than your full-time job. According to the study conducted by QUARTZ, 40% of America\u2019s work population will be freelancers by 2020. Contact jobs are preferred more by job seekers as they get to work in their area of interest, it gives them a learning opportunity and there’s room for professional growth. Gone are the days when people were under the impression that contract jobs pay less, and are offered at entry-level positions. Though it\u2019s a risk, it\u2019s worth if you are getting a good opportunity to build a professional relationship with your industry. On a bright side, if you perform well when on a contact you might get a full-time employment within the company.<\/p>\n

What is the difference between a fixed term contract and a normal contract role?<\/h2>\n

A fixed term contract is valid for a specific period. The start and the end date of the contract are clearly specified and extendable if required and mutually agreed upon by both the parties. It is also very close to a permanent working contract but has a defined end date.<\/p>\n

It is a great way to test the skills of an employee before hiring him\/her a permanent position in the company. It also benefits the IT company as they get to showcase their employee skills by completing a short-term project in a given time period.<\/p>\n

Normal contact does still have an end date, but you will not receive any employee benefits like paid leave, sick pay etc.  This is what a traditional contractor is typically known as.<\/p>\n

3. What are the disadvantages of contract employment?<\/h2>\n