FWIW the IPSE benchmarking survey contains some of this information (average length of contract, average time out of contract etc.) based on a reasonably large sample size (I think the last one was 2013). I'd post it here but it's accessible to members only (i.e. it may be worth contacting them).
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Bench Time
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Around 4 - 6 weeks, with an average of 6 month contracts (for the last 2 years, anyway). I plan on working 8 months of the year.
Longest was 9 months. The market was dire (2009) and I accepted a 3 month role on a poor rate just to get back into the market."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Does the SJD yearly contractor survey cover any of this? I can't remember the exact questions.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Average contract is 2 years (multiple renewals until project finished) with average 3 week gap between contracts, once was longer because of security clearance. Canned (budget contraints) once in that time but worked notice, back with same client on different project 3 weeks later.Beer
is proof that God loves us and wants us to be happy.
Benjamin FranklinComment
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Average contract length 9.5 Months
Longest 18 months
Shortest 10 days
Average time between gigs 3 weeks
Longest spell between gigs - 6 months, followed by 2 Years as a pemie."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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1st contract - 6 months
*4 month bench (tulipting myself!)
2nd contract - 16 months
*2 weeks bench (tulipting myself for 1 week due to first benching, follow by massive relief)
3rd contact - 13 months
*4 weeks bench (didn't worry at all)
4th contract - 2.5 years
*2 months bench (was a bit worried, but then got offered 2 contracts withing the space of about 10 minutes)
5th contract - been here just over a year now, dreading having to deal with agent again in a couple of months should there be no extension coming.Comment
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In 16 years my longest time on the bench was 3 months so some may say I have got off lightly.
However with my contract along with many others here being terminated as of this coming Friday I could break my record.
Holiday for one week then casually look for something new I would assume.
Polishing a turd near you!!Comment
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Normally 1-3 months, but has been longer if a contract ends in December or JanuarySocialism is inseparably interwoven with totalitarianism and the abject worship of the state.
No Socialist Government conducting the entire life and industry of the country could afford to allow free, sharp, or violently-worded expressions of public discontent.Comment
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Blimey..
In the last 60 months I've had 12 weeks bench time, 8 weeks in ICU (ill as toolip) and I'm sure the odd couple of day between other contracts i've not counted - the 12 weeks are two 3 weekers and a 4 weeker and two 2 weekers. No wonder I'm fooked all the time......
One role was a 24 month one tho the rest mostly 6 months. Of course I've taken holidays while in contract too, not counted those.
Prior to that I once had 7 months on the bench and toolipped myself despite only spending half the war chest. Maybe I'm not cut out to be a contractor.Comment
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Originally posted by LisaContractorUmbrella View PostContinuing on our quest to give HMRC facts and figures about the world of contracting - would you be able to give me an idea of bench time between contracts?
I am attempting to demonstrate that the comparison between a permanent worker and a contractor when trying to promote 'fairness' in the tax system is misguided
Really appreciate your help guys
Seems to be if you take the risk to contract and you make a success of it, decide to work hard etc put yourself out to make a good profit then not only do you pay more tax through your higher invoicing, but you also become a target to be taxed in a more punitive way?
Or take plenty of benchtime (chosen or otherwise), thereby paying less CT etc and the sector would be left alone by HMRC
Am I missing something?Comment
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