Any contractors going perm yet?

Any contractors going perm yet?

Author
Discussion

HannsG

Original Poster:

3,045 posts

134 months

Wednesday 27th March 2019
quotequote all
Hi,

Been contracting for around 3-4 years I think? Its all a blur to be honest.

Love the flexibility, meeting new people every day, knowing what to deliver, clarity, less politics. Oh and being offered permanent jobs

Did I mention flexibility?

One of my good friends has decided to accept a job in permie land. Reason cited is this useless government, HMRC, Hammond and IR35.

I have my own reasons so I am in two minds yet

Anyone moved to permie land?

pherlopolus

2,088 posts

158 months

Wednesday 27th March 2019
quotequote all
Nope, plan B is starting to move forward though.

I don't think I have the right attitude to be a good permie now....

Edited by pherlopolus on Wednesday 27th March 09:19


Edited by pherlopolus on Wednesday 27th March 09:19

silent ninja

863 posts

100 months

Wednesday 27th March 2019
quotequote all
I moved in to consulting. So all the benefits of a new gig every 3-6 months, but under a firm. Yes it means PAYE and pay isn't quite as good as contracting, but much more development opportunities (they fund virtually anything job related), strong networks and peers I have access to, and big clients I don't need to fight to win business with - international work or not, it's up to you.

It's also quite nice to have annual leave, paternity leave, and all sorts of other benefits. All travel is paid by firm too.

The1Driver

727 posts

152 months

Wednesday 27th March 2019
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I've been contracting for a little over two years now. And have no "plans" on going back into a perm role. However, if an interesting perm role came to light. I wouldn't immediately turn it down...

BIG MOLE

161 posts

127 months

Wednesday 27th March 2019
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I’ve been contracting for around 10 years as a Mechanical/Design Engineer (lots of different sectors). I am not going back to a staff role.

I would at least wait until we see what happens before jumping out of contracting. There will almost certainly be some changes, and maybe some pain, but I think there will always be a requirement by businesses for skilled people over relatively short periods where employing and training someone new doesn’t work. Because of this, I think that even if we get to a point where there are few tax benefits to being a contractor, rates will increase as there needs to be a benefit to the contractor to do the thing that the client/s want.

BIG MOLE

161 posts

127 months

Wednesday 27th March 2019
quotequote all
Lorraine Kelly to become the grand high water buffalo of contractors.

https://www.bbc.co.uk/news/entertainment-arts-4764...


Olivera

7,140 posts

239 months

Wednesday 27th March 2019
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No.

Dog Star

16,132 posts

168 months

Thursday 28th March 2019
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I went permie in late 2013 after 21 years of contracting; I was doing something pretty niche and they just couldn't find anyone with the skills so kept asking and asking and in the end came up with an offer I couldn't refuse.

Obviously it's not as much as contractor money, but I like working here, job is a total doddle and it's fun. Also because of the continuity (ie. no periods between contracts, no loss of income for holidays) I don't actually feel that much worse off either.

If I do leave I'll be going back contracting as I simply cannot equal the salary I'm on here, certainly not up in the north.

anonymous-user

54 months

Thursday 28th March 2019
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I retired instead.

Best plan so far

CzechItOut

2,154 posts

191 months

Thursday 28th March 2019
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Even if IR35 does come to the private sector, why would you jump to a permanent role?

As you said, there are many benefits other than income, flexibility, meeting new people/companies, knowing what to deliver, clarity, less politics etc.

Considering a consultant from a tier one consultancy can easily run £1,500 a day, I think companies will still be motivated to pay contractors a decent daily rate for short term assignments.

98elise

26,589 posts

161 months

Thursday 28th March 2019
quotequote all
keirik said:
I retired instead.

Best plan so far
That's my plan. I can't go back to perm, I'd hate it.

Jiebo

908 posts

96 months

Thursday 28th March 2019
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Been contracting for 5 years. If I get a salary that is high enough to live in London comfortably, I will go perm. Until then I will continue take the risk of contracting.

I work in financial services, and the work isn't in short supply.

chip*

1,018 posts

228 months

Thursday 28th March 2019
quotequote all
keirik said:
I retired instead.

Best plan so far
Likewise.
Tried contracting for my last 5 years just to load up my SIPP, then left the Investment Banking industry completely.

UpTheIron

3,996 posts

268 months

Thursday 28th March 2019
quotequote all
keirik said:
I retired instead.

Best plan so far
I plan to complete my current contract, and then take future roles based on the enjoyment/interest/ease/financial reward, be they contract or perm. If nothing turns up then I'll be following in your footsteps :-)

vindaloo79

962 posts

80 months

Thursday 28th March 2019
quotequote all
I've been contracting ten years +. The Niche I am working in is pretty quiet at the moment. Seems to be 2-4 jobs per week advertised (all london - I am up north) which are barely suitable.

I asked the current consultancy I am through if they still wanted me perm ( they made me over a year ago - no figures mentioned). It sounds hopeful, but I am sure the salary I could command back then is now £10-15k lower.

I think I will be lucky if I work 9 months this coming financial year. Hard decision to make, but 4-5 months contracting will equal the permie take home. I just don't like having gaps in the cv too often.

deggles

616 posts

202 months

Thursday 28th March 2019
quotequote all
Nope. Absolutely no incentive for me to go perm, although clients keep asking.

Plenty of work about, I like the variety and contract money is still 50%-100% more than the equivalent perm role (gross).

I can work 6 months out of 12 (or 12 months out of 24), even out my income across tax years and still be better off.

And you can't put a price on not having to get involved with corporate permie bullst biggrin

anonymous-user

54 months

Saturday 30th March 2019
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UpTheIron said:
keirik said:
I retired instead.

Best plan so far
I plan to complete my current contract, and then take future roles based on the enjoyment/interest/ease/financial reward, be they contract or perm. If nothing turns up then I'll be following in your footsteps :-)
That's my plan when hitting 50. No more bullst. Everything on my terms.

768

13,680 posts

96 months

Thursday 4th April 2019
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No. I'd rather halve my day rate and I can't see that happening.

fullbeem

2,044 posts

201 months

Thursday 4th April 2019
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Went permie in 2008 when i got the ex knocked up. Still here 10 years later as its such a cushy number

vindaloo79

962 posts

80 months

Thursday 4th April 2019
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The current gig I am on, had 4 weeks left to run of UAT test support and defect fixing. They did negligible smoke tests or dev test and jumped into UAT.

Then the project froze and I am on gardening leave for 2nd week running, I suspect despite promises the end client will ask for yet another deferment for a further week. I've been trying to jump ship but its still quiet so I will make most of time off and just see this through. I am not used to work being approved the week before on a rolling basis.

So, I am a step closer to going perm you could say. At least this consultancy could pay me to be on bench...

I have been looking at JAVA, JS or Python to crosstrain. Struggling to decide which this week, but I know there's more jobs closer to home in each of those. Tempted to take the summer off and xtrain rather than go perm...