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Becoming a Contractor

Consulting in Change Management across the private and public sector

Be your own boss

Working for Yourself

Transitioning from a permanent role to contracting

The transition from a permanent role to contracting can be a daunting process. It’s important to ensure you have the right advice and support to help you make the most of this change. First, it’s important to understand the differences between permanent roles and contracting roles. 

Permanent roles typically involve long-term employment, often with benefits and stability. Contracting roles, however, are typically short-term, with no benefits and a higher rate of pay. 

You will also need to think about the advantages and disadvantages of contracting and how it will affect your career and lifestyle. Contracting can be a great way to increase your income, but it can also be risky and require a greater commitment of time and energy. It’s important to understand what these risks are before committing to a contract

Becoming a contractor in Change Management

The average day rate for a Change consultant in the UK can vary depending on experience between rates from £400-£800 per day.

Becoming a contractor in Change Management

The average day rate for a Change consultant in the UK can vary depending on experience between rates from £400-£800 per day.

Working for Yourself

Transitioning from a permanent role to contracting

The transition from a permanent role to contracting can be a daunting process. It’s important to ensure you have the right advice and support to help you make the most of this change. First, it’s important to understand the differences between permanent roles and contracting roles. 

Permanent roles typically involve long-term employment, often with benefits and stability. Contracting roles, however, are typically short-term, with no benefits and a higher rate of pay. 

You will also need to think about the advantages and disadvantages of contracting and how it will affect your career and lifestyle. Contracting can be a great way to increase your income, but it can also be risky and require a greater commitment of time and energy. It’s important to understand what these risks are before committing to a contract

Ways to do contract work

1. Limited Company: This is when you set up your own limited company and work as a self-employed contractor. As a contractor you will be paid as a director of your own company, meaning they will be paid through the company rather than through PAYE. This allows the you to access the benefits of limited liability, meaning they can limit their personal liability in the event of their business failing.

2. PAYE: This is when you work as an employee of an organisation, usually on a fixed-term contract. As a contractor you will be paid through PAYE and will be subject to PAYE taxes and National Insurance. You will also be entitled to the same rights and benefits as a regular employee, such as holiday pay and sick pay. This option is often more attractive for contractors who are looking for the security of a regular income.

Advantages and disadvantages about contracting

Advantages

Flexibility – schedule that works for you and your family.

Tax Benefitsreduce tax liabilities. Deduct expenses related to your business.

High Payreceive a higher rate of pay than full-time employees.

Autonomybe in charge of your own work and make decisions if you’re working through a limited company.

Networkingstay in touch with a range of people, which can open doors for new opportunities.

Disdvantages

Limited Job Security – hired for a short time not guaranteed to be hired

Limited Benefitsno health insurance, retirement plans, and paid time off.

No Unemployment Benefits – if you lose your job.

Lack of Protectionfor workplace discrimination, making it difficult to address issues

Greater Responsibility – for taxes and record-keeping. filing their own taxes, which can be a significant burden.

Advantages and disadvantages about contracting

Advantages

Flexibility – schedule that works for you and your family.

Tax Benefitsreduce tax liabilities. Deduct expenses related to your business.

High Payreceive a higher rate of pay than full-time employees.

Autonomybe in charge of your own work and make decisions if you’re working through a limited company.

Networkingstay in touch with a range of people, which can open doors for new opportunities.

Disdvantages

Limited Job Security – hired for a short time not guaranteed to be hired

Limited Benefitsno health insurance, retirement plans, and paid time off.

No Unemployment Benefits – if you lose your job.

Lack of Protectionfor workplace discrimination, making it difficult to address issues

Greater Responsibility – for taxes and record-keeping. filing their own taxes, which can be a significant burden.

Get Started

How to secure your first Change Management contract role

Get Started

How to secure your first Change Management contract role

Select a suitable date & register to become a Change expert

CML 5Es badge received after online exam is completed

Select a suitable date & register to become a Change expert

Profile Help

How to brand yourself as a 

Change Management Consultant

Branding yourself as a change management consultant helps you to build a professional reputation and establish credibility in the industry.

Agencies

Agencies that recruit for contract roles in Change Management

Branding yourself as a change management consultant helps you to build a professional reputation and establish credibility in the industry.

Working with agencies as a change management consultant to find contract work can be highly beneficial for those seeking to expand their client base and diversify their portfolio.

4 Reasons to work with agencies

1. Can provide access to a range of different projects and clients and may offer the opportunity to network with other industry professionals. 

2. Typically have a larger pool of resources, such as access to research and data, as well as a greater number of contacts, which can be invaluable to change management consultants. 

3. Often have a better understanding of the marketplace and can provide valuable insight and advice on how to successfully manage change projects. 

4. Agencies can provide a source of support, ensuring that the consultant’s efforts are successful.


Jobs boards to register your CV

  • Glassdoor 
  • Indeed 
  • Monster 
  • CareerBuilder 
  • Simply Hired
  • The Ladders 
  • Change Management Jobs
  • JobServe
  • Total Jobs
  • LinkedIn
  • Google for Jobs
  • Jobsite 
  • CV Library
  • Adzuna

 

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