Contract VS Part Time: What's better for freelancers?

If you're looking for a little more certainty in your freelance life, contract or part time work might appeal. Here's what helped me choose what suited me.

I've just taken 3 days a week part time job even though I have a contract for another client and also freelance on projects and in coaching.

Why did I choose part time when most freelancers tend to run away from the idea?

I find it easier to do permanent part time as it is lower cost and greater protection. E.g. less chance of contract ending, not needing my own separate insurance, having a regular pay day to work to, continued funding in the role, longer tenure, sick and holiday pay, and less burden with taxation management.

If I was contract, I'd probably breach my own self-care and uncoupling strategies way more and give loads more free overtime through speed and dedication.

I wanted to eliminate issues contracting often provides like:

• late payment

• poorly managed work schedules

• lower influence on the work being outside the tent

The benefits include:

• ownership over the work

• a leadership role

• good pay

• another professional network

• getting to explore a new sector (I’ve moved into NFP)

A choice like this is a personal decision. What works for me may not apply to you.

What I asked myself was this:

1. What could taking the role and doing it well mean for my overall career standing?

2. Would I have access to new networks and opportunities in the tent rather than as contract?

3. What level of influence would I have?

4. How could I manage my own tendency towards overwork effectively?

5. What do I lose going inside the tent? What do I gain?

What helps you make decisions like this? What do you prefer?

Image: Contract VS Part Time: What's better for freelancers?