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Insights for AWS contractors

Insights for AWS contractors

Insights for AWS contractors

Contractor workload

The freelancers that took part in our survey work an average of 40 hours a week, although this varies between 7 and 70 hours per week
Average total contract length:
7 months

Longest contract length:
3 years

Percentage of freelancers that have worked on projects that have lasted 12 months or more: 19%

Average number of
current clients: 3

Percentage of freelancers only working for one client: 38%

Are contractors traveling
for work?

Never
29%
Rarely
30%
Sometimes
30%
Usually
10%
Always
1%

How to increase your contract rate

One of the biggest appeals of freelance work is the high earning potential, but knowing what to charge isn’t always black and white. It can be tough to determine your market value when you’re conscious of undervaluing yourself or overcharging your customers. Here are some of the most effective ways to ensure you’re ticking the right boxes to maximize your contract rate.
Diversifying your portfolio is a great way to widen your client reach by boosting your curb appeal. Better yet, the more exposure you gain to different services and solutions, the more input you’ll be able to offer on various projects, enhancing the impact and value you’ll be able to offer your customers.
Scope-creep is a surefire way to undermine your earning potential by exceeding the amount of work mapped out in your contract and driving down your rate as a result. Know your worth, and don’t be afraid to push back if a client’s expectations become unreasonable.
Certifications don’t just boost the earning potential of permanent professionals! Vendor-accredited certifications are the most tried and tested method of verifying your skills and expertise in the eyes of potential customers, and they’re happy to pay a higher rate for the additional safety net this validation provides.
Your experience proves that you can walk the walk and not just talk the talk, which has a lot of influence on what rate a client is happy to be charged. By amplifying your practical, hands-on experience and showing off the real-life application of your technical know-how, you’ll earn the trust and confidence of prospective customers, whether you choose to diversify your portfolio or carve out a specialism in the AWS space.

Contractor workload

The freelancers that took part in our survey work an average of 40 hours a week, although this varies between 7 and 70 hours per week.

Average total contract length: 7 months

Longest contract length:
3 years

Percentage of freelancers that have worked on projects that have lasted 12 months or more: 19%

Average number of
current clients: 3

Percentage of freelancers only working for one client: 38%

Are contractors traveling for work?

Never
29%
Rarely
30%
Sometimes
30%
Usually
10%
Always
1%

How to increase your contract rate

One of the biggest appeals of freelance work is the high earning potential, but knowing what to charge isn’t always black and white. It can be tough to determine your market value when you’re conscious of undervaluing yourself or overcharging your customers. Here are some of the most effective ways to ensure you’re ticking the right boxes to maximize your contract rate.
Diversifying your portfolio is a great way to widen your client reach by boosting your curb appeal. Better yet, the more exposure you gain to different services and solutions, the more input you’ll be able to offer on various projects, enhancing the impact and value you’ll be able to offer your customers.
Scope-creep is a surefire way to undermine your earning potential by exceeding the amount of work mapped out in your contract and driving down your rate as a result. Know your worth, and don’t be afraid to push back if a client’s expectations become unreasonable.
Certifications don’t just boost the earning potential of permanent professionals! Vendor-accredited certifications are the most tried and tested method of verifying your skills and expertise in the eyes of potential customers, and they’re happy to pay a higher rate for the additional safety net this validation provides.
Your experience proves that you can walk the walk and not just talk the talk, which has a lot of influence on what rate a client is happy to be charged. By amplifying your practical, hands-on experience and showing off the real-life application of your technical know-how, you’ll earn the trust and confidence of prospective customers, whether you choose to diversify your portfolio or carve out a specialism in the AWS space.

Contractor workload

The freelancers that took part in our survey work an average of 40 hours a week, although this varies between 7 and 70 hours per week.

Average total contract length: 7 months

Longest contract length:
3 years

Percentage of freelancers that have worked on projects that have lasted 12 months or more: 19%

Average number of
current clients: 3

Percentage of freelancers only working for one client: 38%

Are contractors traveling for work?

Never
29%
Rarely
30%
Sometimes
30%
Usually
10%
Always
1%

How to increase your contract rate

One of the biggest appeals of freelance work is the high earning potential, but knowing what to charge isn’t always black and white. It can be tough to determine your market value when you’re conscious of undervaluing yourself or overcharging your customers. Here are some of the most effective ways to ensure you’re ticking the right boxes to maximize your contract rate.
Diversifying your portfolio is a great way to widen your client reach by boosting your curb appeal. Better yet, the more exposure you gain to different services and solutions, the more input you’ll be able to offer on various projects, enhancing the impact and value you’ll be able to offer your customers.
Scope-creep is a surefire way to undermine your earning potential by exceeding the amount of work mapped out in your contract and driving down your rate as a result. Know your worth, and don’t be afraid to push back if a client’s expectations become unreasonable.
Certifications don’t just boost the earning potential of permanent professionals! Vendor-accredited certifications are the most tried and tested method of verifying your skills and expertise in the eyes of potential customers, and they’re happy to pay a higher rate for the additional safety net this validation provides.
Your experience proves that you can walk the walk and not just talk the talk, which has a lot of influence on what rate a client is happy to be charged. By amplifying your practical, hands-on experience and showing off the real-life application of your technical know-how, you’ll earn the trust and confidence of prospective customers, whether you choose to diversify your portfolio or carve out a specialism in the AWS space.

Attraction and retention

What makes a contractor accept
a contract offer?

Earning potential 71%
Ability to work remotely 68%
Technologies used in project 57%
Duration of project 42%
Flexible hours 38%
Management philosophy 32%
Complexity of project 25%
The industry the project/organization is in 23%
Size of project 22%
Quality standards 13%
Other 4%

What are the key attributes you need
to be a contractor?

We asked contractors what the most important qualities are that are needed to succeed as a self-employed AWS professional, and the top responses were:

52%

Soft skills

(e.g., communication, teamwork, problem-solving, and conflict management)

51%

Technical expertise

49%

Adaptability

44%

General experience in the technology industry

Drive and enthusiasm
38%
Openness to new challenges
30%
Commercial awareness
27%
Staying up to date with AWS
27%
Project management
25%
Selling your abilities to a client
24%

What challenges do you face working as a contractor?

Finding new customers 45%
Work-life balance 30%
There is lots of competition 28%
Unrealistic expectations of clients 27%
Networking 24%
Clients changing the scope of a project 23%
Time management 20%
Late customer payments/invoicing 18%
Lack of communication from clients 15%
What to do in periods of no work 15%
Keeping up to date with admin 7%
Knowing when to refuse a project because it's unsuitable 6%
Knowing when to refuse a project because I already have enough work 6%
Procrastination/motivation 3%
None 10%
Other 4%

Attraction and retention

What makes a contractor accept a contract offer?

Earning potential 71%
Ability to work remotely 68%
Technologies used in project 57%
Duration of project 42%
Flexible hours 38%
Management philosophy 32%
Complexity of project 25%
The industry the project/organization is in 23%
Size of project 22%
Quality standards 13%
Other 4%

What are the key attributes you need to be a contractor?

We asked contractors what the most important qualities are that are needed to succeed as a self-employed AWS professional, and the top responses were:

52%

Soft skills

(e.g., communication, teamwork, problem-solving, and conflict management)

51%

Technical expertise

49%

Adaptability

44%

General experience in the technology industry

Drive and enthusiasm
38%
Openness to new challenges
30%
Commercial awareness
27%
Staying up to date with AWS
27%
Project management
25%
Selling your abilities to a client
24%

What challenges do you face working as a contractor?

Finding new customers 45%
Work-life balance 30%
There is lots of competition 28%
Unrealistic expectations of clients 27%
Networking 24%
Clients changing the scope of a project 23%
Time management 20%
Late customer payments/invoicing 18%
Lack of communication from clients 15%
What to do in periods of no work 15%
Keeping up to date with admin 7%
Knowing when to refuse a project because it's unsuitable 6%
Knowing when to refuse a project because I already have enough work 6%
Procrastination/motivation 3%
None 10%
Other 4%

Attraction and retention

What makes a contractor accept a contract offer?

Earning potential 71%
Ability to work remotely 68%
Technologies used in project 57%
Duration of project 42%
Flexible hours 38%
Management philosophy 32%
Complexity of project 25%
The industry the project/organization is in 23%
Size of project 22%
Quality standards 13%
Other 4%

What are the key attributes you need to be a contractor?

We asked contractors what the most important qualities are that are needed to succeed as a self-employed AWS professional, and the top responses were:

52%

Soft skills

(e.g., communication, teamwork, problem-solving, and conflict management)

51%

Technical expertise

49%

Adaptability

44%

General experience in the technology industry

Drive and enthusiasm
38%
Openness to new challenges
30%
Commercial awareness
27%
Staying up to date with AWS
27%
Project management
25%
Selling your abilities to a client
24%

What challenges do you face working as a contractor?

Finding new customers 45%
Work-life balance 30%
There is lots of competition 28%
Unrealistic expectations of clients 27%
Networking 24%
Clients changing the scope of a project 23%
Time management 20%
Late customer payments/invoicing 18%
Lack of communication from clients 15%
What to do in periods of no work 15%
Keeping up to date with admin 7%
Knowing when to refuse a project because it's unsuitable 6%
Knowing when to refuse a project because I already have enough work 6%
Procrastination/motivation 3%
None 10%
Other 4%

Conclusion

Contracting continues to be a popular option for AWS professionals, with the added flexibility, autonomy, and earning potential understandably appealing to many.

With permanent professionals demonstrating a common desire for remote working, it’s hardly surprising that almost three fifths (59%) of freelancers in control of their own working arrangements never or rarely travel for work.

This spells good news for AWS customers; the growing popularity of remote contracts means you’re not bound to geographical restrictions when searching for your next freelance professional. Of course, the same applies to freelancers; remote contracts grant you the freedom of working with clients across the globe, meaning the possibilities for your next job are, in theory, all but endless. However, with 45% reporting that finding new customers is the biggest challenge they face as a contractor and a further 28% reporting that there is a lot of competition, things are perhaps not quite so easy in practice, demonstrating the value of building long-lasting client relationships and networking as a freelance AWS professional.  

Yet despite this, little over a quarter (27%) of contractors report commercial awareness as a key attribute you need to succeed, with soft skills such as communication, teamwork, problem-solving, and conflict management (52%) coming out on top. That’s not to undersell the importance of technical expertise (51%), which ranked a close second.

Our key findings report contains highlights from this year’s Careers and Hiring Guide, plus our salary tables allow you to compare your salary or benchmark your teams’ salaries no matter their role in the AWS ecosystem.
Our key findings report contains highlights from this year’s Careers and Hiring Guide, plus our salary tables allow you to compare your salary or benchmark your teams’ salaries no matter their role in the AWS ecosystem.
Our key findings report contains highlights from this year’s Careers and Hiring Guide, plus our salary tables allow you to compare your salary or benchmark your teams’ salaries no matter their role in the AWS ecosystem.