Contrary to one of the myths about independent contracting, most contractors choose to work for themselves—not as a last resort, but because they highly value work-life flexibility and the opportunity to make more money than they could as a traditional, salaried employee.
In fact, a U.S. government study shows that 82.3% of those who are self-employed prefer their livelihood to working as salaried or hourly employees.
Although critics might have you believe otherwise, on the whole, independent contractors are happier than employees. A Pew Research Center study reveals that self-employed workers, including independent contractors, have higher job satisfaction than salaried employees.
Independent contractors’ satisfaction with their jobs is likely helped by the fact that they typically earn more money than traditional employees. Yet higher pay is just one of the many benefits the model offers hardworking Americans. Independent contractors also like being their own bosses.
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