IT Leans More on Independent Contractors – Here’s Why
Information technology is filled with professionals living out their career goals as independent contractors, and that trend is expected to pick up – with good results for those who work in tech as independent contractors.
Consider a recent survey by TEKSystems, which found that nearly half of all IT leaders (47 percent) said they expect to increase temporary hiring. At the same time, a smaller figure, 37 percent, said they expect to increase full-time hiring.
Why the disparity? As mentioned in a recent story in Network World, companies that hire independent contractors in the IT space value the expertise of ICs. To paraphrase one hiring manager: You don’t have to micromanage them.
The Network World piece highlighted a number of benefits that are behind the increase in independent contractors in IT. Many of these benefits we at It’s My Business are already familiar with – such as the ability to set hours and make time for work-life balance. But some of them are a great reminder about the special expertise that independent contractors can accumulate, and how the IC model gives them the chance to build their careers and their businesses on their terms:
- Flexibility to make their own schedule.
We know that is true for nearly all independent contractors, who value the freedom to choose how to make a living – and be able to set their own schedule to see their kids off to school in the morning, take breaks for their hobbies or meet other obligations.
- Ability to work on with the latest equipment.
The world of tech moves fast – but not everyone gets to experience the latest tools and products. Many full-time employees have to follow a rigid hierarchy that limits exposure to the latest products – but independent contractors, who are hired for a specialty, get the chance to work with the new products from the first day, a perk that many full-time employees cannot experience.
- Challenging, different projects that give them an edge for the next job.
Many independent contractors in tech say they relish the chance to work on a myriad of projects – because they learn valuable skills for the next job, and the one after that. Advances in technology happen seemingly overnight, but those who are working on the right projects can benefit from building a base of work experience from all of their assignments.
Independent contractors are more than 10 million strong across the nation – with some independent estimates putting that number closer to 18 million. In the IT profession, the growth in number and stature of the independent contractor model is building economic and intellectual value – for the individuals and the family members who rely on them.