The IT Market changes dramatically each and every year, whether it is due to technological advancements, consumer demand, demographics, the economy, or any other reason. While often positive, these changes can also have negative effects, causing companies to have to look at downsizing or restructuring. In these cases, senior employees may be laid off, given an early retirement offer or even choose to take their natural retirement if the time lines up. Regardless of how it plays out, it often comes as quite a shock to these individuals who have been with a given Company for very long time and suddenly find themselves having to think about their next move for the first time in over a decade.
It’s completely natural for an individual in this position to wonder about “what they still have to offer.” The good news is there IS life after Company XYZ!!! Retirement or a new full-time job is not always feasible so instead, the next logical step could be independent contracting. Not only is this group in a unique position to offer a tremendous amount of value to potential clients, but contracting can be very rewarding.
Here are just a few reasons why independent contracting may be the perfect solution for you if you’re a senior IT professional who is suddenly out of the workforce:
As already noted, the IT industry is changing, and as a result, companies are losing a tremendous amount of ‘Intellectual Capital’. You can take advantage of your skill set and offer your expertise on a contract basis.
After being with a given company for more than 10 years (which is rare in today’s Market), you can now have more freedom and choose what opportunity looks right for you.
It’s a great opportunity to start easing your way into retirement, working a little less and enjoying life a little more.
You’ll get to reap the financial rewards that come with it.
Eagle’s Executive and Management Consulting division works specifically with senior IT experts and has a network of clients who are looking for your knowledge. There is a definite demand for this market and, as more senior professionals start to retire, this demand is only going to grow. If you find yourself in the position I described above, contact us today to discuss your options — you may be surprised at what you can do!