PROTAGION
  • Proteges
    • Now What?
    • Career Support Guide
    • Career Goals >
      • Promotion / Raise
      • New Skills
      • Further Qualifications
      • Moving Countries
      • Switching: Consult/Contract/Startup
      • Transition: Specialism/Profession
      • Managing a Business
      • Portfolio Career
      • Purpose & Meaning
      • CPD
      • (Conference 1-5 Mar '21)
    • Example Professions >
      • Accounting
      • Actuarial
      • Asset & Investment Management
      • Risk Management
      • And more... >
        • Talent Management for Professionals
    • Our Services
    • Courses
  • Mentors
    • Encore Mentor
    • Featured Subset >
      • Anne - Australia
      • Boniswa - S Africa
      • Bradley - UK
      • Cherise - Nigeria
      • Hafsa - S Africa
      • Lee - Hong Kong
      • Lusani - S Africa
      • Margaret - S Africa
      • Michael - S Africa
      • Natasha - UK
      • Nikki - UK
      • Sumit - India
      • Trevor - UK
      • And More on our Protege Platform...
  • Subscribe
  • Platform Login
    • Login
    • Sign Up: Free
  • Stories
    • Our Stories & Articles
    • Our Principles
    • Books
We help professionals achieve their career goals
OUR STORIES
Over 150 career-related articles and counting... Scroll down to read
NEED MORE CAREER SUPPORT? Our professional mentors & coaches are here to help
Join our in-a-group facilitated sessions & explore your career questions with us​
SUBSCRIBE TO JOIN OUR
IN-A-GROUP SESSIONS

Contracting – Experiences of Being a Specialist-For-Hire

17/12/2017

4 Comments

 
​Earlier this year, Protagion asked to hear your experiences of contracting and interim roles. We are particularly interested to learn why you choose these flexible, time-bound and often project-related opportunities, mostly available when employers want a specialist skillset to do work they feel is not part of business-as-usual (BAU). We also wanted to gain insight into whether you move between these roles and permanent positions, and how these roles fit into your past and envisaged career path. This article shares your experiences, including what you like best about contracting and interim work, and what you don’t like. We hope that it is a useful resource to others considering these roles.
The contracting mindset
Versus other markets I’ve experience of, contracting is significant in the United Kingdom, especially within the actuarial, IT and change / programme management functions. When I first arrived in the UK (post financial crisis) from South Africa where permanent roles were far more common, the distinction was immediately apparent, and it gave the office environment a different feel. Contractors made up a sizeable proportion of a number of teams I engaged with, explaining the influence of this "contracting mindset" - I was particularly struck by how employers themselves pushed for more contractors "for more flexibility" across a wide range of projects taking place, possibly driven by ongoing regulatory change. It worried me that companies weren’t developing their permanent staff to take on these new project opportunities, arguing that they didn’t wish to "disturb BAU".
Experiences as a hiring manager
As a hiring manager with department budget responsibility, I’d previously experienced working with contractors from one side only, and remember being surprised about the year-after-year costs of contractors within our team as well as on projects we sponsored. My personal view was that it was much better to have permanent, committed staff, who we would train and develop to add value over a multi-year (planned) horizon than a constantly changing rota of people dipping in and out. I particularly recall one conversation with an expert in the company’s secretarial team about my frustrations… She confessed that she loved contracting roles herself, and wished she could go back to being a 'specialist-for-hire'. I realised that the situation was far more nuanced than I’d assumed until then, but it didn’t stop me, tongue-in-cheek, nicknaming her 'mercenary' from then on.
Picture
Over my years in the UK, I also had staff members in my teams choosing to leave their permanent roles to take up contracts elsewhere, which encouraged me to reflect on the relationship between employers and employees, and how attractive our development opportunities were, for example. I hadn’t realised too how much contracting rates can fluctuate over time, having a significant impact on contractors – see one professional’s perspective on this under "Drawbacks" below.
​Another practical example of the "contracting mindset" is the difference in attitude between one of the managers in my team, and one of my bosses: she felt that team activities like strategy days and teambuilding sessions were for permanent (BAU) people only, because contractors were paid a day-rate for specific output, and that we shouldn’t pay them for discussing the three-year business plans. He vehemently disagreed, saying that everyone in the office should celebrate together, as we all played a role in the team delivery and office environment. To me, the distinction about who should be involved in debating the future strategy depended on who would be there to deliver that strategy e.g. if it was a three-month contract, I could see little value (for the company and the individual) in taking time to participate in something not affecting them – not to mention the competitive considerations. If, however, the likely outcome was that the contract would extend long-term, then they should be part of crafting that future.

And now, supporting Protagion members who are contractors has given us additional insight into your hopes and dreams. The remainder of this article shares your views (both members and other contributors to the article) on contracting and interim positions. 

Read More
4 Comments
Forward>>

    Follow @Protagion

    Author

    Bradley Shearer
    ​Founder of Protagion
    My Personal Journey
    I'd love to hear your stories

    SHARE YOUR
    STORY WITH ME

    Categories

    All
    Active Career Management
    Branching Out
    Connection
    Consulting
    Contracting
    Future Of Work
    Inspiration
    Leadership
    Learning
    Mentoring
    Non Executive Directors (NEDs)
    Personal Journeys
    Professions
    Psychology
    Real Life Examples
    Role Options
    Routes To The Top

    Tweets by protagion

    Archives

    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    May 2020
    April 2020
    March 2020
    February 2020
    January 2020
    December 2019
    November 2019
    October 2019
    September 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017

    RSS Feed

"NOW WHAT?" - a common question our visitors ask...
​WE CAN HELP!
Examples of common career goals, with resources for each: promotion, new skills, further study/qualifications, moving countries, switching into consulting / contracting / startup, transition to new specialism or profession, managing a business, portfolio career, purpose & meaning, CPD, and more... 


Follow @Protagion
Home / Proteges
> ​Services
> Subscribe
> CPD
​​

​Mentors

Our Stories / Blog

Sign Up to use our System
​
​
Privacy Policy​
Career Development and Talent Management for professionals: accountants, actuaries, analysts, asset managers, bankers, CFAs, data scientists, engineers, investment managers, risk managers, and more...
Protagion currently offers services in English, although some of our mentors & coaches speak other languages too. ​Please email us if you have any questions.
Picture

​© 2017-2024 PROTAGION LIMITED (10721032) is a company registered in England and Wales.
Registered Address: 128 City Road, London, United Kingdom, EC1V 2NX
Photos from Pjposullivan1, paul.horsefield, flazingo_photos, wuestenigel (CC BY 2.0), SURF&ROCK (Miguel Navaza), symphony of love, timo_w2s, ksunderman, Pjposullivan1, www.ilkkajukarainen.fi, Official U.S. Navy Imagery, Pjposullivan1, Kuruman, Pricenfees, Tennis-Bargains.com, wuestenigel
  • Proteges
    • Now What?
    • Career Support Guide
    • Career Goals >
      • Promotion / Raise
      • New Skills
      • Further Qualifications
      • Moving Countries
      • Switching: Consult/Contract/Startup
      • Transition: Specialism/Profession
      • Managing a Business
      • Portfolio Career
      • Purpose & Meaning
      • CPD
      • (Conference 1-5 Mar '21)
    • Example Professions >
      • Accounting
      • Actuarial
      • Asset & Investment Management
      • Risk Management
      • And more... >
        • Talent Management for Professionals
    • Our Services
    • Courses
  • Mentors
    • Encore Mentor
    • Featured Subset >
      • Anne - Australia
      • Boniswa - S Africa
      • Bradley - UK
      • Cherise - Nigeria
      • Hafsa - S Africa
      • Lee - Hong Kong
      • Lusani - S Africa
      • Margaret - S Africa
      • Michael - S Africa
      • Natasha - UK
      • Nikki - UK
      • Sumit - India
      • Trevor - UK
      • And More on our Protege Platform...
  • Subscribe
  • Platform Login
    • Login
    • Sign Up: Free
  • Stories
    • Our Stories & Articles
    • Our Principles
    • Books