Have you ever wondered what working as an interim professional would be like? Do you think this type of job would be what you need?
Admittedly, contract, gig, or interim work is not for everyone. This approach to filling critical positions has existed in healthcare for quite some time and contract nursing positions have been around for many years. Employers reach out to agencies providing contract nurses to fill open positions due to a variety of reasons. Since the beginning of the pandemic, additional positions have now been added to the mix that are filled on an interim or contract basis. Senior leaders such as Chief Financial Officers (CFO), Chief Operating Officers (COO), Regional Directors, and other executive level positions are now, on occasion, being filled on a contractual basis.
This type of work can be very attractive to some – but it’s not for everyone. If you are someone who likes the diversity of work locations, assimilates into established work teams, and prefers to be in one place for a defined amount of time, then contract work may be for you
Often, contract work means working as an independent contractor (IRS Form 1099) which brings with it a host of additional requirements for the contracted worker, such as being an outstanding record keeper, detailing mileage to and from the work location, depreciation of your vehicle and expenses for any “special” work-related items required by the client (special clothing, or equipment required). Working as an independent contractor may also mean short or long assignments, with or without the possibility of becoming an employee of the client.
However, working contract assignments, or gig work does have advantages for some people.
Below is a short list of the pros and cons of interim or contract work.
| Pros of Contract Work | Cons of Contract Work |
| Assignments have defined lengthAbility to connect with different companiesTypically has higher hourly ratesReimbursement for mileageAbility to “check out” the company as a potential employerChoosing the assignments you want to workCan access ongoing training of your choice | Often, little onboarding to the positionAssignments may be cut short without noticeNo guarantee of continued assignmentsNo protection for work-related injuriesNeed to carry individual liability insuranceMust keep detailed recordsClient may not pay for ongoing training needed |
If you are searching for an interim assignment, please reach out to LW Consulting, Inc. We have placed interim consultants with a variety of organizations and would welcome the opportunity to work with you.
