Moreover, if benefits don’t stand that important to you; a number of contract jobs pay well wherein few pay more than 20 percent high as compared to full-time occupations.
As per the online salary database PayScale.com, six trades where the freelance pay is notably elevated as compared to the full-time salary levels’ are as follows:
Registered Nurse
Median annual FTE pay: $54,800
Median annual contractor income: $67,100
Increase over full-time pay: +22.4 percent
Typical degree: Associate's degree in nursing
The Bureau of Labor and Statistics (BLS) estimates 711,900 fresh nursing jobs are to be added-on during 2010 and 2020, and this tends to be the utmost numerical boost of all occupations. This places the potential employees’ and contractors’ in well-built positions to negotiate their salary or hourly pay.
Database Administrator
Median annual FTE pay: $64,100
Median annual contractor income: $77,300
Increase over full-time pay: +20.6 percent
Typical degree: Bachelor's in computer science
Database administrator service requirements emanate from government, banking, data processing, healthcare and the computer industry. Holding a MBA degree is beneficial in order to bag a high-paying contract work.
Physical Therapist
Median annual FTE salary: $68,000
Median annual contractor income: $80,700
Increase over full-time pay: +18.7 percent
Typical degree: Master’s in physical therapy
Just like various healthcare professionals, the physical therapists are likely to be in great demand all the way through 2020, as per the BLS. The increasing figure of aged adults requiring physical therapy will serve as the driving force for this profession.
Systems Administrator
Median annual FTE salary: $51,000
Median annual contractor income: $58,300
Increase over full-time pay: +14.3 percent
Typical degree: Bachelor's in computer science
The BLS estimates system administrator jobs are set to rise by 28 percent between the time period from 2010 and 2020, and this is quicker than the average compared to other professions.
Web Developer
Median annual FTE salary: $52,600
Median annual contractor income: $59,700
Increase over full-time pay: 13.5 percent
Typical degree: Bachelor’s in computer science
Along with competition, the demand is also solid for web developer jobs. As per the BLS, the web developers’ occupation is coupled with network systems and data communications analysts’ professions that are in fact listed among the 30 fastest-growing occupations all the way through 2018.
Heavy Equipment Operator
Median annual FTE salary: $37,100
Median annual contractor income: $40,900
Increase over full-time pay: +10.2 percent
Typical degree: High school, vocational school
Just a miniature percentage of heavy equipment operators are self-employed as per the BLS. The jobs can be located in highway, bridge and railroad construction, along with civil engineering and domestic projects of the government.
Please note that prior to taking the initiative to search for high-paying contractor jobs, being a contractor; you shall have to pay self-employment taxes. However, you’ll also be allowed to write off business-related costs so saving every receipt matters.
