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  1. #1

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    Bobmcbob is too good to be a permie


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    Default 100k to go perm or 550 p/d.

    Long time lurker on this forum, incredibly useful site, now have a question of my own.

    I work in banking in a specialism that is in demand. I have been at my gig for 12 months and am considering going perm. I have never had an issue with finding contracts, this is my 3rd, and I have a reasonable war chest (12 months coverage).

    I generally prefer my working arrangements as a consultant and he working relationship with my clients has been excellent.

    The offers I have in the table are:

    Offer 1) At my current client, @550 per day - I have 230 more days guaranteed. The chance of it going beyond this is very slim.

    Offer 2) 100k base, plus ~20k flex, hols etc. I'm seriously considering this as at this point in my career if I go up another level on the rung will eclipse my potential daily rates.

    Plus we have a child on the wy in 6 months and will be looking at moving (bigger mortgage) within 12.

    Thoughts?

  2. #2

    Some things in Moderation

    cojak - scorchio!

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    Welcome to CUK Bobmcbob!

    Personally I would take the 100k permie job. If you have a young family and the job has good benefits and potential it's the way to go.

    And remember, there's no such thing as a permanent job these days. You can always chuck it after a couple of years if it's not going the way you expected.

  3. #3

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    jamesbrown - scorchio!

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    Agree with Cojak insofar as the perm deal is a better financial offer, and probably somewhat more secure. Obviously, it's tough to beat the soft benefits of contracting

  4. #4

    My post count is Majestic

    northernladuk is a fount of knowledge

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    Quote Originally Posted by Bobmcbob View Post

    The offers I have in the table are:

    Offer 1) At my current client, @550 per day - I have 230 more days guaranteed. The chance of it going beyond this is very slim.
    Nothing is guaranteed in contracting.

    Permie gig all day long. No brainer IMO.
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  5. #5

    TripleIronDad

    BrilloPad is always on top

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    If you want security in banking - take the contract offer.

    Can you put up with all the associated 360, 3+, 3-, and other admin stuff?
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  6. #6

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    Quote Originally Posted by northernladuk View Post
    Nothing is guaranteed in contracting.

    Permie gig all day long. No brainer IMO.
    Nothing is guaranteed in permie anymore.

    Where does the permie position sit in the company hierarchy - who does it report to? Is he/she we liked/respected or potentially on their way out in the next reshuffle.

    but up to you!

  7. #7

    Nervous Newbie

    Bobmcbob is too good to be a permie


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    Quote Originally Posted by original PM View Post
    Nothing is guaranteed in permie anymore.

    Where does the permie position sit in the company hierarchy - who does it report to? Is he/she we liked/respected or potentially on their way out in the next reshuffle.

    but up to you!
    Thanks for all of the advice.

    The perm role is a step up in the hierarchy compared to my current gig, reports to director level, but do not know about the politics, and this would be a risk.

    My current client is very, very good all round - good people, good work and always pay on time (would almost feel bad leaving them before the year is up). The problem is the budget is paid from another programme that will end by 2019, and 'cost-cutting' is flavour of the month. Considering the economic climate I don't want to be out of work a year from now and so am leaning towards the perm offer..

  8. #8

    TripleIronDad

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    Quote Originally Posted by Bobmcbob View Post
    Considering the economic climate I don't want to be out of work a year from now and so am leaning towards the perm offer..
    Personally I have found permanent no more secure than contract.
    We shall defend our island, whatever the cost may be, we shall fight on the beaches, we shall fight on the landing grounds, we shall fight in the fields and in the streets, we shall fight in the hills; we shall never surrender.

  9. #9

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    Quote Originally Posted by BrilloPad View Post
    Personally I have found permanent no more secure than contract.
    At my current banking client they were told they would have to fire a Perm to extend my contract.
    (which no manager in his right mind, unless really pushed, would do)

    Make of that what you will

  10. #10

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    Quote Originally Posted by MrMarkyMark View Post
    At my current banking client they were told they would have to fire a Perm to extend my contract.
    (which no manager in his right mind, unless really pushed, would do)

    Make of that what you will
    You can't take a comment like that seriously though. The HR would be a nightmare.
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