Shifting myself from labor work to project base work

Hey, i hope you guys are having a fun day. my name is Roger and I am web developer at vteams. I have more than 4 years experience in WordPress development. now I am planning to shift myself from permanent job to project base work. I highly appreciate to listen business minded people. what are there point of view as a employer

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As an employer, hiring someone on a project basis rather than hourly brings up a ton of questions. For example:

  • How sure am I that the written scope of work is complete and understood by both parties?
  • How sure am I that a complete under-estimation of the work required won’t simply result in the contractor bailing out on the incomplete work?
  • How sure am I that the contractor hasn’t overly padded his price?
  • What leverage do I have over the contractor if things aren’t going well, and how do we handle early termination if necessary?
  • Am I comfortable that the contractor is truly self employed as defined by the government, and that the various tax boards won’t decide he’s actually my employee?
  • Am I comfortable enough that the contractor has all the required skills to do the entire job, and that I won’t have to hire someone else to do some tricky part?
  • Is there something in place that will keep this project from dragging on and on forever, or allows me some compensation if it does?

I suppose I could go on, but you get the idea.

The front-end development market is super-busy these days, so you’ll need a detailed CV with dozens of examples of your past work to improve your chances of landing a gig. However - it’s also a niche that won’t leave the spotlight anytime soon, meaning there’ll always be plenty of B2B/SaaS agencies looking to hire more workforce.

On the other hand, the status shift from a regular employee to a contractor carries some extra pitfalls that you might find weird at first. For example, working while a time-tracking tool “observes” you constantly, not being entitled to sick pay, dealing with prolonged notice periods, taking care of the taxes front all by yourself, etc., etc.

Project-based employment is when an organisation engages a gifted and qualified person to carry out a particular short-term project inside the organisation. These tasks have definite deadlines and deliverables that a person may meet, yet by their very nature

While there might be times that a project-based consultant is a better fit for the job, it comes with a lot of disadvantages. For example, there’s no stability. But if you have a pool of clients that you are sure you can work with consistently, this would be a great option.