8 Benefits to Working Under Contract as Opposed to a Direct Hire
- It’s an excellent way to start out at a Fortune 500 Company. A lot of big companies, including our Fortune 500 clients, are only hiring through contract these days because hiring contract employees provides less risk for the employer, so by starting out on contract through a staffing firm, you get your foot in the door at a Fortune 500 company, when you might not have had the opportunity otherwise. With contracts, you usually move through the hiring process a bit faster, so it’s a good option if you want to start a new position quickly.
- You get to put a Fortune 500 Company on your resume. Not only do you get to add that easily recognized name to your work history, but you gain all of the experience working at one too. When interviewing for future positions, other companies like to see that you have certain experiences working for larger, reputable companies. Individuals that have shown the ability to be consultants as well as employees prove that they’re more adaptable; that they can work in a variety of environments.
- You gain professional experience at a Big-Name Company. While working under contract, you will gain additional professional skills in a short period of time, and it gives you a chance to try something new and different. Working with a staffing firm will diversify your professional portfolio in a short amount of time by providing opportunities to work for multiple Fortune 500 companies at the leading edge of their industries. You will gain more exposure to new tools, whereas those working a permanent position are generally more comfortable in their positions so they don’t keep up to date on the latest tools. Working a contract usually means you stay sharper and keep your skillset ready for the marketplace. It sharpens your marketability as an employee.
- It can be a short-term opportunity, or a stepping stone to get to where you want to be. Short term work opportunities can be great, depending on your situation. If you are between jobs, or are a student looking to add work experience to your resume over break, working a contract is a good option. For new grads, who may know what they want to go into, but don’t necessarily know where to start looking for a job in their field, it’s a good way to get your foot in the door at a big company that would usually require years of experience. As a contractor, companies are more willing to give you a chance. Contracting can also give you time off between contracts, so you aren’t limited to working, if you need time off for whatever reason.
- You get to try out the company and the position without the commitment. Starting a new job is always a risk, because sometimes a company can seem one way throughout the interview and hiring process, but maybe the culture, the hours, or the work itself isn’t as it seemed once you start your new role. With a contract, you get to try out the company, the culture and the job before deciding on whether or not you want to stay there long term.
- Your Staffing Firm is in your corner. Starting out in a big new company can be confusing! If you have questions or run into an issue, you may not know who to go to, or which department to ask for help. When working with a staffing firm, you know your recruiter by name and at CRS Group, we make it a point to give you the name, number, and email of everyone you may need to talk to in our different departments. We are here to answer your questions and provide support throughout your entire time working there.
- You could have your contract extended for a long period of time, or get hired on directly after your contract ends. If the Hiring Manager likes the work you are doing while on contract, they can extend your contract at the company for a long time, or bring you on board as a full-time permanent employee of the company once your contract ends. Ultimately, if you are doing a good job in your role, you get to decide the length of time you want to work there. If you like the position, you can stay and extend your contract, or if not, you can leave when your contract is over without having to “quit”.
- Oftentimes, contracts pay more than direct hire positions. Because there is less stability when working a contract, companies are usually willing to pay a bit more for the short amount of time you’d be working for them.