Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shutterstock/GaudiLab

Work-it: To contract, or not to contract

Working on your own terms might be the dream, but it has its downsides.

TONY WINTERS PREFERS not to be tied down. For the past 12 years he has done a mix of contract jobs and permanent roles but always finds himself gravitating back to being his own boss.

Winters is a software engineer with a niche set of skills that focus on creating secure communications in systems. For him, contract work suits someone who enjoys being project-focused.

“It’s a different kettle of fish,” he told Fora. “Permanent roles in software encompass a lot of deciding on a direction and looking for funding (for the agreed project). With contracting roles that decision is already made so it’s more of ‘we want to do X’ and you’re hired for that,” he explained.

Winters said contract work allows him to have more control over his career path.

“You are not beholden to a yearly review and trying to impress a manager. If you know exactly what you are doing, you know how to do it and if you’re good at your job you’re going to get another contract and you can progress that way,” he said.

That is not to say there aren’t negatives, such as not getting paid holidays, having to pay your own tax and sort out your own pension, but for Winters the pros outweigh the cons.

Another of those pros is the flexibility that contract work brings. He said for a lot of contractors he knows it’s a large attraction.

“The flexibility suits a lot of people, myself included. I take two days off a month for childcare so that works out well,” he said. 

shutterstock_534668500 Shutterstock / Tuzimek Shutterstock / Tuzimek / Tuzimek

Money wins

Most companies pay contractors a daily rate, which can add up to more than a salaried permanent role. Cian Crosse, founder of specialist tech recruitment firm nineDots, told Fora that while contracting can be more lucrative for workers, it comes without the benefits that employers have.

Some contractors working on technology could generally expect bring in between €400 and €600 a day. “They are getting the extra 25% to make up for what they will be missing in benefits and everything else,” he said. 

The more senior and specialised you go, the more you can dictate your rates. Crosse said that engineers who can work on some development areas can charge anywhere from €1,000 to €2,000 a day.

Much of the contracting work is with large multinational corporations that have specialised requirements and don’t need someone for the full length of their projects.

Crosse said that most of these roles start on a six-month basis and then can expand to 18 months, which is a positive for some people who would like that stability.

90232799 Mark Stedman / Photocall Ireland Mark Stedman / Photocall Ireland / Photocall Ireland

Changing expectation

For Annette Clancy, assistant professor of management in UCD, working on a contract basis or being self-employed is successful when it’s a decision you actively make and prepare yourself.

She said that when an individual makes the conscious decision to work for themselves, it’s a very different way of approaching work as a contractor than opting for it because of an issue such as redundancy.

“In your mind, I think it’s important to ask are you working for yourself or are you working for somebody else,” she said.

Clancy said that expectations need to be managed for people who are entering an organisation as contractors compared to people who are fully employed by a company.

“When I go to work, I have an expectation of what my employer is going to do for me. I expect that I’m going to have an office and I expect I am going to be treated in a certain way. My employer has a certain set of expectations about how I’m going to approach my job and perform my job,” she said, adding that some of these change when you’re working as a contractor.

She said sometimes contractors are given “more distasteful work” compared to full-time employees at a company or they might underprice their work when starting so they get more contract work down the line.

“Because you need to ingratiate yourself with somebody who is in a position to give you more contracts, your psychological relationship with the people who are in a position to give you more work is very different as a freelancer,” she said.

On the pro side of working as a contractor, she said is that if you are a person with a certain skill set that organisations want to work with regularly, then you have more options regarding what work you want to take and how regularly you want to work.

Get our Daily Briefing with the morning’s most important headlines for innovative Irish businesses.

Written by Laura Roddy and posted on Fora.ie

Close
Comments
This is YOUR comments community. Stay civil, stay constructive, stay on topic. Please familiarise yourself with our comments policy here before taking part.
Leave a Comment
    Install the app to use these features.
    Mute Jimmy Dunphy
    Favourite Jimmy Dunphy
    Report
    Mar 30th 2012, 8:54 AM

    Is Michael Healy-Ray really that stupid ,,,,, Looks like the apple didn’t fall too far from the tree !!!!!

    84
    Install the app to use these features.
    Mute Maureen Hession
    Favourite Maureen Hession
    Report
    Mar 30th 2012, 12:01 PM

    yes they are , and the very ones, that has there bread buttered by him , i heard , that these guys run, co, Kerry ,if your not with, them your out, and stay out ?. local Mafioso, i here say .big fish in small ponds .

    3
    Install the app to use these features.
    Mute Dave O'Shea
    Favourite Dave O'Shea
    Report
    Mar 30th 2012, 8:55 AM

    How on earth did that amadan Healy Rae get elected , are people in constituency really that thick????

    69
    Install the app to use these features.
    Mute Cian Devane
    Favourite Cian Devane
    Report
    Mar 30th 2012, 9:06 AM

    maybe we could put the dog into the dail instead of micheal.

    40
    Install the app to use these features.
    Mute Paul Ringrose
    Favourite Paul Ringrose
    Report
    Mar 30th 2012, 9:29 AM

    As a farmer said to me ‘why should I indicate ,sure everybody knows where I’m going .’ The rural attitude to visitors/tourists is that they should deposit their money at the county boundary and not annoy the natives with demands for service, unspoilt countryside etc. It takes a Healy-Rae to actually come out and say this ; tell us more Michael.

    33
    Install the app to use these features.
    Mute Alan Aston
    Favourite Alan Aston
    Report
    Mar 30th 2012, 10:14 AM

    Michael Healy Rae your ignorance knows absolutely no bounds!!

    27
    Install the app to use these features.
    Mute Tim Booth
    Favourite Tim Booth
    Report
    Mar 30th 2012, 9:28 AM

    Michael Healy Rae is supported by the plain people of Kerry – crap goes in, crap comes out.

    26
    Install the app to use these features.
    Mute sarah
    Favourite sarah
    Report
    Mar 30th 2012, 9:28 AM

    It’s bloody obvious Micheal Healy Rae is a man that can smell money a mile away. He must be doing a reality tv show soon and needs the cash for the phone and text votes. This is the Td who cut the grass of developers houses in my estate only last summer after he was elected. He even had his ‘vote no1′ stickers still on his van with his picture so there was no denying it was him. My ghost estate is in north cork so he drove a bit from Kerry to help the developer who is living it up in the uk!

    26
    Install the app to use these features.
    Mute Eimear Walshe
    Favourite Eimear Walshe
    Report
    Mar 30th 2012, 10:42 AM

    I live in the country, and I know my way around. I have to say, country driving, particularly people over a certain age and in a certain profession, is shocking bad. No indicating, lucky if there’s one working brake light on the car. If a trailer is being towed, good luck. Then you can actually see the driver looking everywhere but the road. I usually have a rant about this a few times a week, when I’m stuck behind some numpty who doesn’t indicate, no brake light on the trailer, thinks road signs are just decorations for the roadside. And that Healy-Rae lad is a bigger numpty for questioning the need for road signs.

    14
    Install the app to use these features.
    Mute Kevin Miller
    Favourite Kevin Miller
    Report
    Mar 30th 2012, 10:32 AM

    It says much for his chosen career that he is able to function as a member of the Dail, most of the political class see their job as being ” gettin in then gettin as much as they can ” this applies to most countries so we shouldn’t feel superior, but we do have a very good class of gobshites.

    10
    Install the app to use these features.
    Mute Rob Queen
    Favourite Rob Queen
    Report
    Mar 30th 2012, 12:01 PM

    In a lot of rural areas, the local yooves tend to take great delight in turning the signs. And a turned sign is defintely worse than no sign at all! Many’s the time I’ve headed off in the wrong direction thanks to a bit of late-night shenanigans.

    6
    Install the app to use these features.
    Mute Gerry Kelly
    Favourite Gerry Kelly
    Report
    Mar 30th 2012, 12:27 PM

    No money in signs as they are put in by the NRA also the bank hopes to “return to sustainable profitability by 2014.” by robbing the less well off..

    2
Submit a report
Please help us understand how this comment violates our community guidelines.
Thank you for the feedback
Your feedback has been sent to our team for review.

Leave a commentcancel