A contractor doesn t get all of the holidays observed by most clients, which means a loss of income when not worked. There is very little, if any, paid vacation which means very few planned days off. When sick, no pay. Any time a contractor takes off it is without pay. Even when a weekend arrives, many assignments require the contractor to work overtime.
Overtime sounds good to some, but others only want a minimum amount.
It is time to rework this budget. It is tough for a contractor to make longer term commitments as his work is either feast of famine. An extended drought between jobs could mean unemployment for long periods of time. The average assignment is roughly six months. Imagine going to a bank to apply for a loan saying you have had 12 jobs in the past six years.