I discovered today I am the typical Independent Contractor.
There was a page of statistics in a recent issue of Success Magazine I was reading and it was all about Independent Contractors. As I was reading them, I realized I was very much the ‘typical’ independent contractor. The article never really mentioned where these contractors work from (ie a home office) which would have been nice to see, but I am assuming that the majority of them do in fact work from a home office.
The stats were based on people in the United States, but as with many things such as this, us Canadians tend to closely mirror the results (with the exception of surveys on the use of the word ‘eh?’ – in a study like that we would definitely come out on top!) So I placed myself right in these results and as I read them I found myself saying to myself: “Yes, that’s me, and me, me too. Yup, Yup” They had me pegged to a “T”.
So, who are these Independent Contractors?
- Well, for starters there are 16 million in the US today and we (you know what I mean) account for $626 billion in personal income in 2010! Billion!
- We are also primarily female (53% to 47%) and we do this type of work because we prefer it as an alternative to being an ‘employee’. Only about 9% of us would rather be ‘employed’.
- Our average age is 30-49 years and we do this type of work more from a need of ‘wanting to do the work’ as opposed to ‘needing a paycheque’. I read this to mean we do it because it is our passion.
- 58% of us are highly satisfied with our situation because we are doing something we like and feel it is making a difference.
- It was also noted that being Independent Contractors is a stepping stone to entrepreneurship and creating small businesses.
I am very much towing the line with all of these statistics, and for those of you who know me, you will say the same. Yup, that is Kathy.
I know that many of you connected to me online or who read my blog are also “Independent Contractors”… so I am wondering? Are you part of this demographic that is expected to grow to 20 million people by the year 2013.
Are you also the typical ‘Independent Contractor’? How do these facts stack up for you? I‘d love to know if these stats ring true for others.