Signing the independent consultant contract often heralds good things that await the contractor. A contract means the consultant has worked hard to get a new client and is guaranteed money at the end of the project. More importantly, the contract also allows the consultant to look forward to enjoying splendid work experience. For that to happen, however, the consultant has to treat the contract like the special, legally-binding, and universally acclaimed document that it is.
Below are several ways the contract can help you enjoy your work.
Encourages more flexibility
First, an independent consultancy offers more flexibility than one can get from regular employment. The contract clearly specifies the hours or duration the entire project will take. Since you’re a consultant and not an employee, you’re guaranteed more flexibility in terms of the working hours. One of the benefits of working as an independent consultant or freelancer is that nobody puts a shackle on your time, how you operate, and conduct your business.
As previously stated, there are several benefits of working as an independent consultant. One of these is that you become your own boss. Consequently, you’re free to make all decisions that affect your business. Despite signing the contract, you will never be at the mercy of anybody else. This arrangement allows you more predictable control over everything that you do. In many ways, you also enjoy greater job security compared to those in fulltime employment.
The independent consultant contract should not keep you away from your family. No project is too urgent to make you unable to spend quality time with your family. This should be clearly stated – perhaps in not so obvious language. A good contract is one that leaves you with enough time to exercise, meditate, unwind and be with your loved ones. These are some of the many ways of maintaining a perfect work-life balance.
Guarantees More Money
A well-drafted independent consultant contract guarantees more money.
It’s true that independent consultants can make a lot of money than their colleagues who are in the traditional 9-5pm jobs. In fact, independent consultants are paid the market rates. They are paid what they deserve and are worth. In the early days, the consultants often have to take whatever they get. As they continue gaining more experience, the consultants are then able to attract high-paying jobs, projects and clients.
It’s a commonly held belief that fulltime jobs attract the best benefits. However, a close scrutiny of independent consultancy and freelancing shows that the benefits here are not as bad as widely thought. Some of the clients you end up working for might present the best benefits you have ever received in your professional life. It is not uncommon to find clients who are willing to pay you well and add the following benefits to the entire package:
a) dental checkups
b) medication and treatment
c) vision tests
d) life insurance
e) paid vacation
It’s possible to work your way into a more thriving, profitable and enjoyable freelancing career. Where independent consultancy is concerned, flexibility is the name of the game. A well-written contract often shows how much the consultants enjoy the work they do. For the consultants to enjoy working on any project, they have to indicate the value they hope to bring to the new client.
Therefore, follow these tips to help you sign a favorable independent consultant contract that enables you to enjoy everything you do. It’s worth remembering that two parties sign the contract. What this means is the two parties will each want to sign contracts that make them feel victorious. Impressing and pleasing your client is not harmful. After all, the negotiations prior to signing the contract will all depend on the ability of the two parties to give and take.