Is executive contracting a good career move?

Kristina Thomas • May 16, 2024

Executive Contracting, is it a good career move?

In today's dynamic business landscape, the traditional career trajectory is evolving rapidly. Gone are the days of spending decades climbing the corporate ladder within a single organisation. Instead, professionals are increasingly turning to executive contracting as a flexible and rewarding career option. But is it the right choice for you?


The Rise of Executive Contracting


Across Australia, the demand for executive contractors is on the rise. Organisations are recognising the need for specialised skills at specific points in their growth journey. Whether it's navigating digital transformation, leading a restructuring effort, or spearheading expansion into new markets, executives with niche expertise are in high demand.


Pros of Executive Contracting


1. Flexibility: One of the biggest advantages of executive contracting is the flexibility it offers. Contractors have the freedom to choose their projects, work on their own terms, and maintain a healthy work-life balance.


2. Expansion of Network: Contracting exposes executives to a diverse range of industries, companies, and professionals. This expands their network significantly, opening doors to new opportunities and collaborations.


3. Varied Projects: Executive contractors thrive on variety. Each project brings new challenges and opportunities for growth, allowing contractors to continuously expand their skill set and knowledge base.


4. Recognition as a Specialist: By focusing on specific pain points or areas of expertise, executive contractors become recognised as specialists in their field. This enhances their marketability and positions them as go-to experts for tackling critical business issues.


Cons of Executive Contracting


1. Uncertainty: Contracting can bring a level of uncertainty compared to traditional employment. Contractors may face periods of downtime between projects and must be proactive in securing new opportunities. However, with continuous stream of redundancies made on an ongoing basis, one would argue that even permanent employment is no longer secure. According to McCrindle, the average tenure in a job in Australia is now 3.3 years.


2. Lack of Benefits: Unlike full-time employees, contractors typically do not receive benefits such as holiday, parental leave, sick leave, or superannuation contributions. So, contractors must account for these factors in their compensation negotiations.


In summary:

Despite the potential drawbacks, executive contracting offers numerous benefits for the right individual. In today's rapidly evolving business environment, organisations require specialised expertise to address specific challenges and opportunities. Executive contractors fill this need by bringing their unique skills and experience to the table, helping companies navigate complex issues and drive growth.


As the market for executive contracting continues to grow, now is an opportune time for professionals to explore this rewarding career path. Whether you're seeking greater flexibility, expanded opportunities for networking and skill development, or the chance to make a meaningful impact across multiple organisations, executive contracting could be a highly fulfilling and lucrative career option in today's dynamic business landscape.



Related blogs

By Kristina Thomas August 28, 2025
The False Promise of “Hiring Alone” In the high-stakes world of leadership recruitment, securing the right executive is a monumental achievement. Yet, despite exhaustive search processes and rigorous selection criteria, studies consistently reveal that nearly 40% of new CEOs fail to meet expectations within their first 18 months. The gap between appointment and impact is where many leadership failures silently take root. The traditional mindset sees hiring as the culmination of the leadership journey. It’s the trophy moment, the announcement, the celebration. But this is dangerously incomplete. Appointment is merely the entry ticket; the true challenge lies in transitioning that leader from “candidate” to “trusted, effective change-agent” within a new complex, dynamic organisation. Success in leadership is as much about who you hire as how you land. The Designed Landing: A Strategic Imperative This concept of a designed landing reframes executive onboarding as a deliberate, psychologically informed process. It acknowledges that leaders confront not only new responsibilities but new cultures, relationships, and expectations that require careful navigation. The first six months in a new role are among the most demanding for any senior leader. They must navigate a new culture, align stakeholders, build credibility, and deliver early results, all while under close scrutiny. Even the strongest leaders tell us this period can make or break their long-term success. Introducing LEAP: KTalent’s Holistic Answer to Leadership Transitions At KTalent, we have translated these insights into the Leadership & Executive Adjustment Program (LEAP), a proprietary onboarding framework co-designed with organisational psychologists and leadership experts. LEAP is not an off-the-shelf orientation. It is a bespoke, science-backed program that integrates: Immersive onboarding plans tailored to leader roles and stakeholder ecosystems. High-touch, iterative coaching focused on accelerating impact, enhancing communication, and navigating organisational complexity. Real-time progress monitoring and ongoing support to pre-empt challenges and sustain momentum. This approach has demonstrated transformative results: enhanced satisfaction for both the organisation and the new leader, increased speed-to-impact, and organisational alignment that elevates business performance. Takeaway: Rebalance Your Leadership Equation The future of executive success demands a paradigm shift from “Hire and Hope” to “Hire and Design.” Organisations that embrace designed landings will realise that true leadership impact comes not from the rarity of talent alone, but from the quality of transition. The LEAP program addresses that gap; it is the bridge that turns leadership skills into organisational reality. For those committed to making leadership appointments serve as powerful catalysts for growth and resilience, designed landings are a new solution to reduce derailment and increase success among your leadership team. Appoint thoughtfully, land intentionally, and lead decisively. That is the leadership equation for the future.
By Kristina Thomas July 28, 2025
The Leadership Failure No One Talks About Leadership failure rarely starts with performance. It starts before that, in the gap between appointment and alignment. And no one’s paying enough attention to it. Executive onboarding is one of the most overlooked drivers of leadership success or failure. It’s often treated as a handover, a checklist, or a few courtesy meetings. In reality, it’s a high-risk period where pressure is high, context is low, and impact is expected fast. This Isn’t an HR Task, it’s a Leadership Priority Many organisations still see onboarding as an operational process. IT access. Welcome emails. A 90-day plan. But for senior leaders, especially external hires, onboarding is not about orientation. It’s about establishing influence. This is when new executives start: Building trust and credibility Navigating organisational politics Decoding the culture beneath the surface Shaping perceptions that will follow them for years And the window is narrow. Miss it, and even the strongest leaders may never fully recover. Why Good Leaders Struggle? The reality is: Expectations are high but rarely explicit Stakeholders are watching but not always supportive Leaders are expected to drive change before they’ve built trust Women or diverse leaders face even more scrutiny Without the right onboarding strategy, even the best hires operate in a vacuum, disconnected, misaligned, and vulnerable to early reputational damage. A Smarter Approach to Executive Transitions  This is where leading organisations are shifting their focus. They’re not just appointing leaders, they’re enabling them. At KTalent, we work with Boards, CEOs, and Heads of People to support onboarding as a strategic leadership transition, not a checklist. Our role is to help organisations reduce risk and accelerate performance by designing the right conditions for a new leader to land well and lead early. Our LEAP (Leadership & Executive Adjustment Program) is embedded in organisational psychology and includes: Contextual onboarding plans tailored to the business landscape Stakeholder alignment to clarify expectations and priorities Coaching that supports trust-building, influence, and momentum Tools to help new leaders navigate culture, decision-making, and internal dynamics Leadership onboarding insights This isn’t onboarding-as-usual. It’s leadership enablement. Because leadership doesn’t start at appointment. It starts with alignment.
By Kristina Thomas July 22, 2025
Traditional Leadership Transitions Are Failing, But Some Organisations Are Changing the Game. Here’s How
Executive Transition Coaching
By Kristina Thomas May 5, 2025
Leadership today is less about capability and more about context. This post explores why modern leadership transitions are high-stakes—and how we can better support new executives from day one. #ModernLeadership #ExecutiveTransitions #OrganisationalPsychology #HRLeadership
More Posts