Last updated on Apr 6, 2024

What do you do if you're torn between temporary and contract work in Account Management?

If you're an account manager, you might have faced the dilemma of choosing between temporary and contract work at some point in your career. Both options have their pros and cons, and the decision depends on various factors such as your goals, preferences, skills, and market conditions. In this article, we'll explore the differences between temporary and contract work, the benefits and challenges of each, and some tips on how to make the best choice for your situation.

1 Temporary work

Temporary work is when you work for an employer for a fixed period of time, usually less than a year, and often on a project basis. You might be hired directly by the employer or through an agency that handles the payroll and administrative aspects. Temporary work can be a great way to gain experience, learn new skills, network with potential clients, and fill gaps in your resume. However, it also comes with some drawbacks, such as lack of job security, benefits, and career progression. You might also face competition from other temporary workers or internal candidates for permanent positions.

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Asha P.

Vice President, Success & Ops @ Devensoft | Championing Value-First CX Strategies
1. Assess priorities: Work-life balance vs. income stability vs. diverse experiences. 2. Research: Understand the benefits and drawbacks of temporary vs. contract work. 3. Seek advice: Talk to professionals who've done both for insights. 4. Consider goals: How each option aligns with your long-term career objectives. 5. Trust your gut: Make a decision based on your informed intuition.
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2 Contract work

Contract work is when you work as an independent contractor or freelancer for one or more clients, usually on a project or retainer basis. You have more control over your schedule, rates, and terms of service, and you can choose the projects that suit your interests and skills. Contract work can be a rewarding way to build your portfolio, reputation, and income, and to enjoy more flexibility and autonomy. However, it also requires more responsibility, discipline, and risk management. You have to deal with taxes, insurance, invoicing, and marketing yourself. You also have to cope with uncertainty, isolation, and client expectations.

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Ratan Bhardwaj

Inter CA , Research Analyst (NISM-certified)
When you want to grow and advance in your career by working on different projects, you need to focus on the contract work. The best thing is time is more valuable, so use it to your advantage. Contracted work will instill a personality in you who can go out and express themselves in their field of expertise.
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3 How to decide

When considering whether temporary or contract work is better for you as an account manager, there is no one-size-fits-all answer. You must consider your personal and professional goals, values, and circumstances when weighing the advantages and disadvantages of each option. Before making a decision, ask yourself questions such as what are your short-term and long-term career objectives, financial needs and expectations, lifestyle preferences and priorities, skills and strengths as an account manager, and the market opportunities and trends for account managers. Additionally, consider how much income you need to cover your expenses and savings, how comfortable you are with variable income and expenses, how much flexibility you need or want in your work schedule and location, how confident you are in your ability to deliver high-quality work, communicate effectively, manage relationships, handle feedback and criticism, deal with conflict and negotiation, the demand and supply for temporary and contract work in your industry and location, how competitive and saturated the market is, and how to stand out from the crowd.

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4 Tips for success

If you want to be successful as an account manager, you need to be proactive, adaptable, and professional. To thrive in either temporary or contract work, or a combination of both, you should regularly update your resume, portfolio, and online presence. Highlight your achievements, skills, and value proposition to showcase your versatility, creativity, and problem-solving abilities. Networking and building relationships with potential employers, clients, and peers is also important. Attend events, join online communities, and ask for referrals and testimonials. Additionally, you should keep learning and improving your skills and knowledge by staying on top of the latest trends in your industry. Take courses, read books, and seek feedback. Moreover, you should manage your time, energy, and resources effectively by setting realistic goals and tracking your progress. Use tools to organize your work and delegate or outsource when necessary. Lastly, negotiate your terms clearly and confidently. Know your worth and market rate while being prepared to justify your fees and value. Be flexible but also firm when needed.

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5 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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What do you do if you're torn between temporary and contract work in Account Management?

1

2

3

4

5

1 Temporary work

2 Contract work

3 How to decide

4 Tips for success

5 Here’s what else to consider

Account Management

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What do you do if you're torn between temporary and contract work in Account Management?

1

2

3

4

5

1 Temporary work

2 Contract work

3 How to decide

4 Tips for success

5 Here’s what else to consider

Account Management

Rate this article

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