I am a contractor, and I find a lot of benefit in working under this paradigm. I think the idea that the government should protect people from their own choices is quite an unpleasant one, as someone can always switch from a contractor back to an employee if they find it unsavoury.
Benefits I enjoy from contracting:
- B2B transactions mean I can retain some cash in the business for investment while paying myself a good salary.
- My performance is more important to my role because I can be easily let go - I prefer to align my interests with those of my employer in this way.
- Being a contractor also means being a consultant to an extent. I am trusted to bring in expertise to improve processes and I enjoy having a positive impact in this way.
I agree that the ongoing issue with labour exploitation with things like zero-hours contracts, forced contracting and using apprenticeships to force lower-than-minimum wages are bad, but they don't take away from the value of contracting itself. In an attempt to address labour exploitation, IR35 and other measures are also becoming major problems for legitimate contractors too.