Any contractors going perm yet?
Discussion
ecs said:
I think I'll stay contracting while the incentives for going perm are things like a table tennis table in the office, a warm can of (FREE!) beer on a Friday, less money and a s
t pension.
A s41t pension? Surely the "free money" you get for a pension is an incentive to go perm? You have to provide your pension provisions when you contract. t pension.My mate who does IT contracts has been out of work since December. He isn't too flexible on location and the work is limited around here for what he does. All of the extra money he made on contract is long gone now. He's looking to take the financial hit and go perm again to get the stability, holiday/sick pay/pension, etc.
If you've been contracting a while, have current desirable skills, have a good list of contacts and are almost guaranteed to walk into another contract at will then it's a no brainier. Being able to travel to the contract (be that another country or city for a few months) also helps.
toon10 said:
ecs said:
I think I'll stay contracting while the incentives for going perm are things like a table tennis table in the office, a warm can of (FREE!) beer on a Friday, less money and a st pension.
A s41t pension? Surely the "free money" you get for a pension is an incentive to go perm? t pension.I’m thinking of going back to permie, but the issue is whether I can get a permie job I like much closer to home. I’ve an application going on now for a principal mechanical 9 miles from home.
IR35 is going to cost me between £6-9K, a year - the numbers vary. Where I currently work, it’s definitely coming. Both fuel and accommodation expenses are going with IR35.
I’m sick and fed up of travelling large distances to work, I’m currently doing 48 miles to work every day. My car is relatively economical and I still spend £250/month on fuel to work alone. Then there’s wear and tear on top of that. I currently spend 12.5 hours a week commuting.
I’m sick and fed up of staying away from home, I’ve done it enough, both staff and contract and life almost goes onto hold while you are doing it.
The contract I’m currently doing is boring and repetitive and will come to an end at Christmas ’19, and the rates will be cut substantially. I would consider myself lucky to be on the same rate as here for my next contract. I’m expecting a £5/hr cut – at least.
A (local to me) Wendover mate left a job in Canary Wharf, took a job locally, with a £20K pay cut and he says his life is now so much better.
The oil price hasn’t recovered yet, so market rates aren’t what they were 5 years ago.
For genuine senior engineer roles oil or non-oil, there isn’t THAT much opportunity for contracts, for CAD designers, there is much more.
I think IR35 will make many reconsider their options, and they will probably return to permie land. I would rather get the job I want in permie land, rather than the one I need to settle for as there is increased competition - I think.
I told myself that if the premium for contract take home pay wasn’t 33% above staff, I wouldn’t bother. Its currently 37%, and IR35 makes it 28%.
I paid off the mortgage off 2 years early –ish, I bought an M5, I filled a hole in the pension pot, and chucked enough into savings to buy a really decent Porsche. I’ve ridden the wave long enough (7 years).
The down side
A large slice going in take home pay.
Back to office politics, although I still get dragged into it in contract land.
If/when oil should come back again, AND the civil nuclear build kicks off, then I can always return to it.
IR35 is going to cost me between £6-9K, a year - the numbers vary. Where I currently work, it’s definitely coming. Both fuel and accommodation expenses are going with IR35.
I’m sick and fed up of travelling large distances to work, I’m currently doing 48 miles to work every day. My car is relatively economical and I still spend £250/month on fuel to work alone. Then there’s wear and tear on top of that. I currently spend 12.5 hours a week commuting.
I’m sick and fed up of staying away from home, I’ve done it enough, both staff and contract and life almost goes onto hold while you are doing it.
The contract I’m currently doing is boring and repetitive and will come to an end at Christmas ’19, and the rates will be cut substantially. I would consider myself lucky to be on the same rate as here for my next contract. I’m expecting a £5/hr cut – at least.
A (local to me) Wendover mate left a job in Canary Wharf, took a job locally, with a £20K pay cut and he says his life is now so much better.
The oil price hasn’t recovered yet, so market rates aren’t what they were 5 years ago.
For genuine senior engineer roles oil or non-oil, there isn’t THAT much opportunity for contracts, for CAD designers, there is much more.
I think IR35 will make many reconsider their options, and they will probably return to permie land. I would rather get the job I want in permie land, rather than the one I need to settle for as there is increased competition - I think.
I told myself that if the premium for contract take home pay wasn’t 33% above staff, I wouldn’t bother. Its currently 37%, and IR35 makes it 28%.
I paid off the mortgage off 2 years early –ish, I bought an M5, I filled a hole in the pension pot, and chucked enough into savings to buy a really decent Porsche. I’ve ridden the wave long enough (7 years).
The down side
A large slice going in take home pay.
Back to office politics, although I still get dragged into it in contract land.
If/when oil should come back again, AND the civil nuclear build kicks off, then I can always return to it.
ecs said:
I think I'll stay contracting while the incentives for going perm are things like a table tennis table in the office, a warm can of (FREE!) beer on a Friday, less money and a st pension.
I had an RC ring me this week, one of the selling points was the free fruit on a friday. t pension.
aeropilot said:
It was in the old days, but not now from what I've seen of the pension schemes at the various places I've worked at in the past 10 years or so.
Have you considered joining the Civil Service? Pension is extremely good and total package comparable to perm in private sector, nice working conditions and many different roles/departments to choose. Interesting news from HSBC. I wonder if other large organisations follow suit
https://www.contractoruk.com/news/0014079hsbc_stop...
Edited by anonymous-user on Thursday 2nd May 08:30
wormus said:
aeropilot said:
It was in the old days, but not now from what I've seen of the pension schemes at the various places I've worked at in the past 10 years or so.
Have you considered joining the Civil Service? Pension is extremely good and total package comparable to perm in private sector. However, I'm in my late 50's so not really going to happen, plus the Civil Service don't have much call for Engineers
aeropilot said:
I know, one of my cousins retired 5 years ago on a stonking CS pension after having worked for them for 40 years.........
However, I'm in my late 50's so not really going to happen, plus the Civil Service don't have much call for Engineers
Fair enough but your last statement is absolutely incorrect. However, I'm in my late 50's so not really going to happen, plus the Civil Service don't have much call for Engineers
https://careers.dwp.gov.uk/dwp-digital-engineering...
wormus said:
aeropilot said:
I know, one of my cousins retired 5 years ago on a stonking CS pension after having worked for them for 40 years.........
However, I'm in my late 50's so not really going to happen, plus the Civil Service don't have much call for Engineers
Fair enough but your last statement is absolutely incorrect. However, I'm in my late 50's so not really going to happen, plus the Civil Service don't have much call for Engineers
https://careers.dwp.gov.uk/dwp-digital-engineering...
RedRose123 said:
Twenty years in software testing, 13 as a contractor. Recently specialising in Salesforce CRM. Have had gaps before when the markets been quiet. I'm with all the Salesforce specialist agencies and have de-skilled my CV for Jobserve and other job sites.
I just have to wait, could be days, weeks, months ?
I was just checking out the markets abroad and stumbled across that.I just have to wait, could be days, weeks, months ?
https://www.jobserve.com/de/en/search-jobs-in-Fran...
Any good?
Been told this week the whole team plus several others are being disbanded and the work off-shored (IT infrastructure, London). A shame as it’s been a really nice gig.
The market seems quieter than usual but I’m confident I’ll find something. Have been put forward for a few things.
Skillset is predominantly Citrix / Netscaler but also strong MS, VMware, storage etc.
Anyone else in Infra on the market?
The market seems quieter than usual but I’m confident I’ll find something. Have been put forward for a few things.
Skillset is predominantly Citrix / Netscaler but also strong MS, VMware, storage etc.
Anyone else in Infra on the market?
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