Any contractors going perm yet?
Discussion
Greenmantle said:
22 years and counting
current client asked me to go permie
had to say no
As mentioned before this has been in my wallet over 20 years
Lol.current client asked me to go permie
had to say no
As mentioned before this has been in my wallet over 20 years
I know a few contractors that have recently gone permie and they hate it already.
Personally I'm not considering it yet as I have a few clients and am still trying to expand.
For me it's not just the money but the freedom it brings to choose my clients.
SOL111 said:
I know a few contractors that have recently gone permie and they hate it already.
I love it ( I work in online gaming for one of the big bookies), although if I ever get made redundant I will probably just go contracting again.Contracting is kind of convenient for doing a recce of potential employers; in 21 years I worked for a lot of clients. Some were awful places to work, some were great. I took the offer off the most fun place I'd been who offered the most money.
There were a lot of contracts I was sad to leave too.
In my field (mechanical engineering design) the difference between net earnings as a contractor compared to a staff role is pretty big. Not because contractors are on massive rates, but because perm role generally pay so poorly. At worst I am usually netting double what I would in the equivalent perm role.
If I can’t do at least 50% more than a permie net income then I may well completely jack-in engineering. I have a lot of collateral in my house, to the point where I could down size and be mortgage free. I’d rather go and work in a low stress, low responsibility job to keep some money coming in than keep working in engineering for what I think is poor pay, given the level of knowledge and skill required.
If I can’t do at least 50% more than a permie net income then I may well completely jack-in engineering. I have a lot of collateral in my house, to the point where I could down size and be mortgage free. I’d rather go and work in a low stress, low responsibility job to keep some money coming in than keep working in engineering for what I think is poor pay, given the level of knowledge and skill required.
No plans to end almost 20 years as contract.
I'd rather retire earlier than planned than go permo......as the pension issue for me going permo in my late 50's just wouldn't work....
Plus, I wouldn't have wanted to be a permo at any of the firms I've been contract at in the past almost 20 years........
I'd rather retire earlier than planned than go permo......as the pension issue for me going permo in my late 50's just wouldn't work....
Plus, I wouldn't have wanted to be a permo at any of the firms I've been contract at in the past almost 20 years........
I'm a contract PM and have been for 11 years now. into my 6th year in the current contract. But I still do not take benefits, still do not take sick pay, still do not get paid leave or have performance reviews for profit shares so I'd really like to know how the f HMRC can say I'm in IR35!!?!?!?! I do get moved around a lot and do things permies aren't skilled (or want) to do!
Fair play to Kelly. I understand HMRC more often lose in court than win, so bring it on!
Makes sure you have HMRC investigation insurance!!!!
Fair play to Kelly. I understand HMRC more often lose in court than win, so bring it on!
Makes sure you have HMRC investigation insurance!!!!
been a contractor for over 10 years.
Had one HMRC investigation.
Still want to stay a contractor.
Think it's all the HR crap that goes with being a permie that makes me want to stay on contract.
In summary, no I wouldn't want to go back to permie unless I won the lottery and wanted something to do.
Had one HMRC investigation.
Still want to stay a contractor.
Think it's all the HR crap that goes with being a permie that makes me want to stay on contract.
In summary, no I wouldn't want to go back to permie unless I won the lottery and wanted something to do.
Never you mind said:
Think it's all the HR crap that goes with being a permie that makes me want to stay on contract.
I've got to pull you up on this as it's often quoted by contractors.As a person of 21 years contracting gone perm - what HR crap? You ring them up and they help you or tell you stuff?
Dog Star said:
Never you mind said:
Think it's all the HR crap that goes with being a permie that makes me want to stay on contract.
I've got to pull you up on this as it's often quoted by contractors.As a person of 21 years contracting gone perm - what HR crap? You ring them up and they help you or tell you stuff?
Nothing against permies (was one for 17 years across 3 jobs before sub-prime happened and ended up contracting
so 11 years now as a contractor. My take on it is - nether say nether to going perm (market conditions/personal situations/choice) But personal preference is as a contractor (usually doing the interesting stuff/change the business roles etc)Just my take on it.
bonerp said:
I'm a contract PM and have been for 11 years now. into my 6th year in the current contract. But I still do not take benefits, still do not take sick pay, still do not get paid leave or have performance reviews for profit shares so I'd really like to know how the f HMRC can say I'm in IR35!!?!?!?! I do get moved around a lot
The text in bold would ring large IR35 alarm bells for me.bonerp said:
In my field (mechanical engineering design) the difference between net earnings as a contractor compared to a staff role is pretty big. Not because contractors are on massive rates, but because perm role generally pay so poorly.
We hear this all the time on PH - just why are permie engineering roles frequently so badly paid?Dog Star said:
I've got to pull you up on this as it's often quoted by contractors.
As a person of 21 years contracting gone perm - what HR crap? You ring them up and they help you or tell you stuff?
I guess it depends on personal experience/companies but I've not had many positives. In fact it's the reason I went contracting in the first place.As a person of 21 years contracting gone perm - what HR crap? You ring them up and they help you or tell you stuff?
Working 70 hour weeks on detached duty and having them turn a blind eye to EU directives. Then failing to compensate financially by hiding company procedures for working long hours away from home.
This was a huge European company and not an SME.
Either that or interviewing a complete numpty for a role and telling HR they weren't suitable due to xyz. Response, "yeah but we need to fill that position".
Then there's the s
te they put graduates through on assessment days. Engineers just want these kids to show they can work and are capable of solving problems. HR want them to imagine they're an object and to do a 10 minute presentation why they're a fking tea pot. Either that or it Apprentice style bks.Can you tell I love HR
SOL111 said:
Working 70 hour weeks on detached duty and having them turn a blind eye to EU directives. Then failing to compensate financially by hiding company procedures for working long hours away from home.
Yep, seen similar.SOL111 said:
Either that or interviewing a complete numpty for a role and telling HR they weren't suitable due to xyz. Response, "yeah but we need to fill that position".
Lost count the number of time seen that little gem. In fact, saw it happen just a couple of weeks ago.SOL111 said:
Then there's the ste they put graduates through on assessment days. Engineers just want these kids to show they can work and are capable of solving problems. HR want them to imagine they're an object and to do a 10 minute presentation why they're a fking tea pot.
So true te they put graduates through on assessment days. Engineers just want these kids to show they can work and are capable of solving problems. HR want them to imagine they're an object and to do a 10 minute presentation why they're a fking tea pot. SOL111 said:
Can you tell I love HR
One of my ex's was (still is) a HR Director, but she was old school 'Personnel Dept' and she hated the new modern HR ethos, which in her view was now a role to protect the company from the staff, whereas in the old Personnel Dept days, it was training as well protection of the staff from the company.
Number of "colleague contractors" thinking about it, whilst others have moved across to the "darkside", as market in manufacturing is a little quiet.
Seen rates reduce over the years and see the logic of it at certain levels eg £350/day. However, those on double/treble this rate will find limited permanent roles paying such a package BUT guess it partly depends on sector.
Seen rates reduce over the years and see the logic of it at certain levels eg £350/day. However, those on double/treble this rate will find limited permanent roles paying such a package BUT guess it partly depends on sector.
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