Computer programming languages allow us to give instructions to a computer, in a language the computer understands. Just like different languages across the world, there are an array of languages used to communicate with computers.
You have the skills, you have completed the training, and now it’s time to consider a very popular career pathway in the form of contracting.
Now, a lot of people will tell you that contracting involves a lot of hard work, but the benefits are well worth it. There are plenty of reasons why contracting could be a move worth considering.
One of the first things that most people think of is the financial benefits.
- An average contractor rate is much more than that of a full-time employee.
- Mobile developer contractors are paid high rates due to their skills, and the flexible nature of the relationship, and the fact that many positions can be relatively short-term.
- Depending on your individual skills, the state of the industry in which you work and the location of a contract, you can command high rates of pay.
- You have the choice to contract through an umbrella company or your own limited company. The limited company route is the most tax-efficient way of operating.
As a Mobile Developer contractor, you will naturally work in a variety of different contract roles and in many different companies. This will help build up your portfolio showcasing the unique range of skills you have acquired during your journey. For example:
- Working as a contractor gives you the opportunity to test out other industry sectors to see if you can widen your experience.
- Contractors tend to gain a good insight into different company cultures, processes, operations and structures.
- Working in many different companies gives you the ability to build up a wide-ranging CV and to establish an extensive list of reference contacts.
- You will have the chance to become known within your field for your excellent work, and you may even find that your services become sought-after.
- As your experience and network grows, opportunities will come along.
- You will be exposed to many styles of working.
As your own boss, you can make your own choices. This can be extremely enjoyable, some of the perks include:
- Contractors can be far more independent than permanent employees.
- You have the freedom to work when and where you choose, and for however long you want.
- Changing a contract can often be far easier than changing jobs.
- Contractors can take as much or as little holiday as they prefer, there’s no set holiday allowance.
- The company you work for is not your employer but is your client.
- Contract roles will give you much more flexibility when it comes to agreeing on working conditions.
- As a contractor, you have more flexibility when negotiating terms of payment.
- You can develop your career in a way that suits your personal circumstances at any given time.
And now some downsides . . .
This is a fairly impressive list of positives, but it’s only fair to point out a few of the negatives as well. Some of these include:
- Contractors are responsible for finding contracts, to ensure a steady stream of income.
- You will also be responsible for negotiating your own payment terms and working conditions.
- You will need to manage your own finances, appointing a contractor accountant can make this simple.
- Even in a buoyant market, there is always a level of uncertainty.
- At some point, you will need to decide whether to set up a limited company or work through an umbrella company.
- As a contractor, you won’t get the same benefits that permanent employees receive.
- It can become lonely at times, as there won’t be any colleagues around you.
Contact SJD Accountancy
You now know all the pros and cons of contracting, so if this sounds like the direction you wish to take on your Mobile Developer career path, and would appreciate some further guidance, please get in touch. We’ve been providing expert accountancy advice and helping contractors to focus on doing what they do best since 1992.
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