97 | When to Consider a Contractor Position in Your Job Search

If you’re struggling to find a full-time role, or you’re not yet sure what you want to commit to full-time position, a contract role might be a great fit for you. In this episode, we’re sharing some of the benefits of taking on a contractor position, how to negotiate as a contractor, and key things to know about contract roles from an HR perspective.

Some key takeaways from this episode include:

  • Taking a contractor role can have a few benefits. You can expose yourself to different types of companies, leaders, and roles to get a feel for what you will eventually want in a full time role while building your skills and your resume.
  • If you sign a contract with the understanding that a contract role will turn into a full-time role down the line, try to get a timeline in writing for when you’ll have a follow-up conversation with your manager about it.
  • As for what to charge, remember that you’re responsible for paying your income taxes yourself as a contractor. A good rule of thumb is to add about 20-30% to your standard hourly rate, factoring in the industry standard and your experience.