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In today’s climate of shifting corporate needs, a company’s management team may seek to hire on a short-term contract basis to fill a particular staffing requirement, rather than commit to a full-time permanent appointment.
That means that gaining employment as a contracted consultant is now more than ever a real possibility for those with the right professional skills. While encouraging stability and protecting intellectual property has contributed to a heavy skew towards permanent recruitment within iGaming, a current shortage of skilled talent has actually led to an increased demand for contract or consultancy recruitment services.
So, what exactly is a consultant? To become a consultant, you are offering your skills, knowledge and expertise to other people or businesses. A consultant offers advice, solves problems, makes recommendations, or provides specialised work, such as programming, editing, designing, writing, or business analysis. As a consultant, you will most likely be hired on contract, which specifies the terms and conditions of the employment period and payment structure. To sign on as a consultant makes you an independent contractor and not an employee of the hiring party.
On the upside, those who become consultants have the freedom to work from home, and to set their own hours. They can take vacations when they want, and pick and choose their clients.
Consultants may also take on multiple clients, and are not locked into one type of business or industry, with the ability to work a variety of projects simultaneously. They can even decline assignments if they don’t deem them suitable or profitable.
Consultancy contracts are predominantly short-term projects, and to make up for the absence of employee benefits, the pay is usually higher than in comparison to a normal salaried rate.
While a consultant should make hay while the sun shines, they may also experience periods of ‘project drought’. To ensure this doesn’t impact your ability to meet your monthly financial obligations, a consultant must be smart and budget for the lean times. This will be the difference between a successful consultant, and one who is stressed to the max and chronically unhappy.
So, becoming a consultant does come with a level of risk. A downside is that you are not considered an employee of any company. Therefore, you forfeit the many benefits that usually come with being a full-time employee. These can include the security of a regular pay structure, access to administrative help, salaried staff benefits and healthcare, tech support, unlimited stationery, and other items that many employees take for granted.
As a consultant, it’s possible you may find yourself working alone at home without the social interaction offered by an office environment, or the moral, creative and administrative support of co-workers. So be prepared for an element of isolation.
Becoming a consultant is a personal decision. No one else can tell you if you’ll enjoy contract work.
However, here are a few questions we believe you should ask yourself to identify your aptitude to consultancy life before jumping head first into it:
Remember when you do take on consulting, you’re waving goodbye to the predictability, routine and security of a regular job. Be brave, and be ready to survive by your own wits rather than kicking back and just taking the bi-weekly paycheck for granted.
In the long haul, your decision to make the move to consultant may just turn out to be the best thing for you. You’ll take on more responsibility, take charge of your own schedule, and get to focus on work that interests you, all the while setting your own rates.
We understand that taking the road less traveled and becoming a consultant can seem daunting. At DF Recruitment, we are well placed to offer valuable insight and advice should you choose this journey towards independent consultant as your new way to earn a living. We can guide you through this process for those who just need a nudge in the right direction.
Alternatively, we can offer comprehensive career coaching to those who still feel they need help harnessing their passion, to identify their professional strengths and unique selling points, and then prepare them to take the next courageous step in becoming a consultant.
If you have ever considered becoming a consultant, or you are just interested in exploring the option, we’d love to hear from you. Reach out to us to arrange an initial assessment of your career needs. We’ll be happy to assist you in finding consultancy work, or if you prefer, you may browse projects we have listed on this website, and apply directly under your own steam.