Work at home contract jobs are one of the four types of online from home jobs I want talk about in this series (Part One | Part Two). Contract jobs are one of the most common ways companies hire work at home employees.
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And since that’s the case, it’s important to learn about this kind of employment when you’re looking for a work at home job. We’ll discuss the legal aspects, the types of jobs available, and the positives and negatives of working as a contract employee.
What are Work at Home Contract Jobs?
Many companies hiring work at home employees will choose to have them work under a contract as independent contractor, rather then a traditional employment. This way the employer is not responsible to withhold employee taxes. Workers fill out a W9 form, and then receive a 1099 form instead of a W2.
This, also, makes it easier for the employer to let employees go when business slows down or projects end. If you are hired to work as a contract employee, be sure to keep track of income, putting some aside for taxes.
Also, keep record of any work related expenses that may qualify as tax deductions (office equipment, computer software, utilities). Be prepared for the possibility of the employer ending your employment without very much notice; that way you aren’t left without any income until you find a new position.
What Types of Work at Home Contract Jobs are Available?
Because contracting is very popular with companies hiring work at home employees, the types of jobs available vary greatly. The customer service industry is one of the largest that hire employees for phone and technical support. Phones sales and marketing is also a big chunk of the positions available. But if working on the phone isn’t your cup of tea, there are non-phone jobs, too.
Transcription (general, legal, and medical) is an option if you have strong typing skills. Writing jobs are available for both beginning writers and professionals. Other jobs include: tutoring and teaching, chat support, clerical and administrative, accounting, and consulting.
That’s just a few of the many types you can seek out in your job search. As the number of companies move toward hiring employees to work at home, the more types of work at home contract jobs come available.
What are the Pros and Cons?
First, you have a wide variety of jobs to pick from based on your skills and goals. You can find jobs with set work hours and jobs with flexible hours. You are able to deduct expenses for tax purposes. The income range is large; in other words, as you build skills, you can move up the income ladder through promotions or changing jobs.
The biggest con is job insecurity. Companies change their plans and let contracted employees go suddenly. I’ve personally experienced it. You are responsible for taxes to the IRS. By saving a portion of the income protects you from any surprises.
Lastly, contracted jobs do not usually offer benefits, but this is not true for all. There are few that offer some benefits to independent contracted employees.
In conclusion, work at home contract jobs are much like regular jobs from home. The difference is employee tax management and the employer’s freedom to end the contract as deemed necessary. The application process is the same: filling out an application or submitting a resume, followed by interviews. By knowing more about contract jobs, you can now make educated decisions about your job goals.
Don’t miss the rest of this series:
- 4 Types of Work at Home Jobs (Part One)
- The In’s and Out’s of Work at Home Task Jobs (Part Two)
- Work at Home Contract Jobs Facts You Should Know (Part Three)
- Real Work at Home Jobs with Benefits (Part Four)
- Freelance Work from Home Jobs (Part Five)