As a favor to an old friend, I spoke to one of their friend’s kids who got laid off and was forced to go into contract IT work so they could keep paying the bills.
Here is one question and answer that stuck out from our phone call:
Them: What do you find true about contracting?
Me: The very people who will criticize you for the tiniest mistake will be the same people who take credit for your successes and good ideas after your contract gig ends.
Unfortunately, depending on the organization, it happens to full-time employees too.