A new survey has proven what many will know already – contractors tend to be happier in their work than your run-of-the-mill employee.
Our old friends at the Association of Independent Professionals and the Self Employed (IPSE) have spoken to more than a thousand freelancers and contractors to help mark National Freelancers Day 2017 this week, with a view to gauging the current outlook the sector has.
84% of those freelancers and contractors survey said they were ‘very satisfied’ with working for themselves.
This is in contrast with recent research on permanent workers from the Chartered Institute of Personnel and Development, which found that just 64% claimed to be similarly satisfied with their working situation.
Among the key reasons given by freelancers and contractors as to why their satisfaction was so high was a better work life balance, greater pride in their work, and more control over the work they do.
Other reasons included an increased earning potential and greater control of hours.
The study ultimately found that while certain stresses can arise when working for oneself, almost two thirds of survey respondents intend to continue working in this way for the foreseeable future.
“While it’s true that working for yourself can be hard, we found that freelancing can be a very rewarding way to work. Freelancers tend to be happier and more motivated than employees, so it would be no surprise if this way of working continued to grow in popularity,” said. Suneeta Johal, IPSE’s Head of Research, Education & Training. “For most people freelancing is a very positive choice offering greater control over how you spend your life and this is reflected in the overwhelming number who are satisfied with self-employment."