Why do companies use interims?
- To cover a short-term skills gap.
- For tactical project work.
- To train or up skill a team.
- For confidential assignments.
- To get a fresh perspective or solve a specific problem.
Contractors are required to hit the ground running and are usually highly experienced professionals. Ask yourself if you have the right skill set. Do you know any interims that you can ask for advice? It can take time to find an assignment or you might find yourself out of work between assignments. How long could you last without an income?
Contractors are perceived as high-earners. Although rates can appear high, it’s important to consider some of the employment benefits that you’re walking away from – such as life insurance, health cover, income protection insurance etc. Do you like change? Dipping in and out of different environments, constantly meeting new people and having to learn new things fast can be super exciting, but might not be for everyone.
Most contracts require an immediate or quick start, so if you’re on a 1 or 3-month notice period, this could be an issue.
There’s no easy answer to whether you should resign before or after finding a contract role, as it depends on your particular circumstances. Think carefully about whether you have the experience to be an interim, and how long you could go without being paid.