Less than 10 percent say they would prefer a traditional job. Only about 4 percent say that independent contracting is the only type of work they could find, and less than 1 percent cite child care problems for choosing independent contracting. Less than one half of one percent say they were laid off but rehired by their employer as an independent contractor. Job Security Critics frequently claim that independent contractors are in tenuous work arrangements with little job security. However, this assertion is largely unfounded.
Job security is about being able to find a job.
The proportion of independent contractors who have been working in that relationship for more than a year is 83 percent compared to 72 percent of traditional workers who have been with their current employer for more than a year. In comparison to traditional employees, independent contractors are more likely to have left their previous employment voluntarily, and are half as a likely to have been looking for work prior to their current employment arrangement. Again, the evidence suggests otherwise. And, of these, less than 10 percent 7 reported that they would prefer to have remained a traditional employee. Pay On average, independent contractors earn more than traditional employees.