Top Questions Answered for First-Time Contractors
From the outset of the New Year, we’ve seen many professionals contemplating a shift toward contracting, enticed by the benefits of flexibility, independence, and potential financial benefits. In this blog post, we focus on addressing the most common queries from first-time contractors. Whether you're on the brink of making the leap or just curious about the process, learn about the contracting process now. How does Contracting differ from permanent employment? What sets contracting apart from permanent employment is the engagement in providing consulting services to a business through a contractual agreement governed by Corporate Law. Instead of being an employee of a specific company, contractors operate as independent consultants. In contrast to the fixed salary structure of permanent employment, contractors receive a daily rate, encompassing holiday and sick pay entitlements. This approach often results in a higher pay rate for contractors, reflecting these added benef