• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

When do you become desperate enough to go perm?

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    When do you become desperate enough to go perm?

    After enjoying the end of summer w/o any work I am beginning to get concerned.
    The warchest that was designed to last 6 months and after 3 or so is nearing depletion due to client not paying and some other unfavorable circumstances...
    In such situation what steps would you go for?
    Perm role until a suitable contract is found?
    Contract at a very low rate?
    Loan?

    #2
    Originally posted by yasockie View Post
    After enjoying the end of summer w/o any work I am beginning to get concerned.
    The warchest that was designed to last 6 months and after 3 or so is nearing depletion due to client not paying and some other unfavorable circumstances...
    In such situation what steps would you go for?
    Perm role until a suitable contract is found?
    Contract at a very low rate?
    Loan?
    Anything - been a contractor since 1992 and had two permie stints...

    1. 2001-2003 - not the most brilliant of times, don't wanna go on about it but ended up jobless and alone with five kids not in a very good state of mind. Got through that with a permie WHF mostly job, for which I will be forever grateful.....

    2. 2009, finished after 3 year contract, then - nothing, nada, nichogo. Panicked a bit but after 7 months still had 50% of the Warchest left and ended up in tulip role for a few months till I got a permie job locally, was good - a good £65k pa here in Leeds until Mr Dick Head - Ur New Manager came along and started with the 1-2-1's and SIT's and New Looks and RAGS and CASCADES and Straight effing talking. I could not stand it so went back to contracting in a better frame of mind and never regretted it.

    Basically as a Contractor you do whatever is necessary, I say that on my way to the bus stop on Mon Morn at 4:32 am on my commute up Further North on an ok rate but less than normal, keep saying it, keep going and keep invoicing...

    You do whatever is necessary!!

    Comment


      #3
      Low rate contract.

      Could never stomach the ethos of permiedom.

      Comment


        #4
        When you find AussieLong has joined your team
        Originally posted by Stevie Wonder Boy
        I can't see any way to do it can you please advise?

        I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.

        Comment


          #5
          How picky are you being? Is there absolutely no contracts out there for you?

          I was in a situation about 10 years ago when there was "No" work out there. When I say No work, I mean no work that was commutable for me. After about 3 weeks with very little warchest, I thought I'd better go outside my comfort zone and stay away for the week. I got a contract in a matter of days which was only 6 weeks long and tied my up nicely till my next commutable contract.

          Sometimes you've got to go outside your comfort zone when needs must. Fortunately it was the only time I needed to work away in 12 or so contracts, but I'm not ruling out that it may not be the last...

          Comment


            #6
            It's tough out there I would say, and you've already been out for 3 months. Go for permie and contract.
            I'm alright Jack

            Comment


              #7
              Beggars can't be choosers.
              ...my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...

              Comment


                #8
                I don't really buy the "have to be desperate" line. For all the pretentions (is this a word) of freedom that contracting gives you, it's still basically having a job. So if you need the money take a different job for a bit; you can always leave.
                Originally posted by MaryPoppins
                I'd still not breastfeed a nazi
                Originally posted by vetran
                Urine is quite nourishing

                Comment


                  #9
                  I couldn't hack feigning interest for the company i worked at.

                  Also as a permie-n00b you won't be treated like the contractor-god that you are, you'll be treated initially as inferior because you don't know the system as well as maggots who've been there for years.

                  Comment


                    #10
                    I'm switching to permy (a client I have never worked while contracting for if HMRC are watching !).

                    I switched primary because long term I can make more £ as a permy in my sector. Contract rate wise I've been treading water I've peaked on my rate, taking permy will lower my income at the start but give it a year or two and I should be on par again with contracting, then after that £ wise I should leave contracting behind.

                    Second reason was I had enough of HMRC and IR35.

                    Thats the plan anyway whether it works out and I can hack being a permy is a different thing, if it doesnt work out I will be contracting again.
                    I like big butts and I cannot lie.

                    Comment

                    Working...
                    X