Contract Market.
Author
Discussion

Plotloss

Original Poster:

67,280 posts

287 months

Monday 26th January 2004
quotequote all
Chaps,

Lets say you are a permie, have been for a while and find the job you are doing astonishingly boring.

Someone comes along and offers you quite a lucrative contract thats the other side of London to where you work now (which is already quite a commute from home).

In the current economic climate, would you?

No indication of rate/term as yet, waiting for that info now...

ribol

11,829 posts

275 months

Monday 26th January 2004
quotequote all
I would have said the answer to that would be determined by two variables. Firstly, your circumstances financially, if you are up to your eyes in debt then a boring secure job may be better than it seems on a bad day. Secondly are you the sort of person that is happy to take gambles and live with the risk of coming unstuck.
I will quote a mate of mine who USED to live in a rather nice £3m house with a large indoor swimming pool and gym. “Who dares wins, who dares to much sometimes gets shafted.”

Ivan

Plotloss

Original Poster:

67,280 posts

287 months

Monday 26th January 2004
quotequote all
Used to be a contractor, took a permie gig because its all I could get when I came back from America (hugely niche technology).

Money is obviously a concern but what worries me more is the liquidity of the market at the end of this contract if you see what I mean.

jeremyc

26,273 posts

301 months

Monday 26th January 2004
quotequote all
Plotloss said:
Money is obviously a concern but what worries me more is the liquidity of the market at the end of this contract if you see what I mean.
So how long is the contract? This (as you say) will have a significant bearing on the risk involved.

Plotloss

Original Poster:

67,280 posts

287 months

Monday 26th January 2004
quotequote all
Still waiting for the Shylock to get back to me on that particular point...

samn01

874 posts

285 months

Monday 26th January 2004
quotequote all
If it's is a long term project 12 months + and they are offering a years contract with a good chance of extension at a good rate then consider it.
If on the other hand it is a three to six month project it may not be worth it.

There may also be a perm offer at the end of the contract if you play your cards right. (worth asking the client about the possibility). If not will it pay enough to make it worth while factoring in a possible couple of months of job hunting at the end of the contract?

Sam