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Working on new skills 'makes contractors happy'

Tuesday 14th March, 2017
Limited Company
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Contractors and freelancers who are in a position to enjoy greater control over their workload may be happier with their careers than traditional employees.

This is because limited company contractors can spend more time working on their existing skills and on developing new ones whenever they would like to, as they can choose what work they take on and when.

According to new research carried out by Course Library, more than half of UK workers are not happy in their current role. Of the 43.7 per cent of survey respondents who said that they were happy with their job, 38.2 per cent said this was because they had the opportunity to regularly learn new skills.

This is something that contractors and freelancers simply have to do to make sure they are staying at the top of their game. But the report highlights how being able to work more flexibly with greater workload control could also boost the happiness of more traditional employees.

Commenting on the findings of the research, Course Library founder Jazz Gandhum stated: "This latest research by Course Library demonstrates a strong correlation between training and development and job satisfaction, highlighting that those who are happiest in their positions are those offered regular training."

Personal service company contractors and freelancers are in a great position because they don't have to wait for an employer to offer them training opportunities. Instead, they can take charge of their own career future and take time out from their schedules where possible to go on training courses or work towards new qualifications.

Lee Biggins, co-founder of Course Library, added: "Rather than focusing on the time and cost surrounding training, companies across the UK must start to think about the potential positive outputs; staff that are happier, more knowledgeable and more engaged with their employer."

Contractors who engage the services of a limited company service provider, such as PayStream, will find that they have more time to attend training courses or work towards new qualifications.

This is because PayStream's limited company service, My PSC, provides help and support with the company admin involved in running a limited company, leaving contractors with time to brush up on their skills and qualifications.

With the UK's skills shortage showing no signs of letting up anytime soon, it is arguably more important than ever for contractors, freelancers and other self-employed individuals to be taking their own training and development as seriously as possible. This will help them to remain in a competitive position amid a challenging recruitment climate, subsequently benefiting their limited company in the long run.

Image: DragonImages via iStock

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