Benefits for Candidates
Not all top candidates in the marketplace prefer to work on a direct hire basis. Contract staffing offers many benefits that make working on a W-2 contract basis an attractive alternative to traditional direct hire employment.
Below are the main benefits of working on a contract basis for candidates:
1. Earn more money.
The possibility of higher pay is increased with contract workers since they are paid for their expertise and the ability to bring value to a project. Contractors are paid for every hour worked, and they can also receive overtime pay according to Fair Labor Standards Act (FLSA) overtime guidelines.
2. Get access to benefits.
As a W-2 employee of a back office (third-party employer) you should have access to medical coverage, which is critical in today’s society. In addition, you should have access to dental, vision, and life insurance. In addition, many back offices offer a 401(k).
3. Build skills and expertise.
Contractors can strengthen their skills, increase their knowledge, and build their resume by working on different contract assignments for various employers on multiple projects.
4. Strike a better work-life balance.
Doing what you want, when you want to do it, and on your own terms can help balance your work life and your time outside of work.
5. Become more marketable.
Contractors can accomplish this by working on multiple projects through a variety of companies while dealing with different people.
6. Try before you commit.
Evaluate potential companies by working as a contractor to evaluate the company’s culture, staff, and the potential for growth before making a long-term commitment.
7. Enjoy more travel opportunities.
More and more companies are using contractors across the United States and in almost every industry, which opens up the opportunity to work just about anywhere.
8. Avoid office politics.
The ability to do your job and not have to deal with the day-to-day issues that can sometimes drag you down is another true benefit of contract assignments.
9. Control your own career path.
You know your skill set and you know your potential. Become your own advocate and work on assignments that directly benefit you, your growth, and your career path.
10. Earn a weekly paycheck.
Consider the value of a consistent weekly paycheck where all the taxes, insurance, and workers’ compensation are handled. All you have to do is cash your check (or access it via direct deposit) without handling and reporting all of your own weekly, quarterly, and annual deductions.