For those with the right skills, contract work can offer flexibility — and even six-figure incomes.
— a growing number of full-time workers are breaking out of their 9-to-5 office jobs for something a little more free-range: contract work.
"This used to be an offramp or something you did if you couldn't find a way to break in," Dill told CBS News' Anne-Marie Greene. But the perception of contract work as a prelude to retirement or a"life-raft for those struggling" has changed in recent years, according to Dill, a development she says has been accelerated by the pandemic.
A lot of workers"want more money, they want more flexibility and they also want control over how they're spending their working hours — what types of things they're doing," she said."And so for a lot of them, independent consulting really checks those boxes."When considering ditching a full-time job for contract work, the first thing to ask yourself is whether you have a skillset that is in demand.
Next comes research. Dill suggests researching state laws on health insurance options and taxes for freelancers."Health insurance, taxes — you want to be very familiar with the laws and regulations around freelancing where you live. And a lot of these workers, they don't work all year necessarily, but they may work more hours each day. The ones I spoke with say it's worth it, but you do need to be aware up front.
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