How much better off are we?

[contractor79]

I pay £500/year for an income protection thing with caunce o'hara. Think it pays £500/week after the first week ill, £100k cover if I die or get disabled.

[contractor79]

neither do the permies!

good point
indeed when I was a permie I felt just as insecure in that respect
and as a permie I saw everything being downgraded of my benefits- pension, redundancy, other benefits being crossed off the list one by one.

[TheBigYinJames]

good point
indeed when I was a permie I felt just as insecure in that respect
and as a permie I saw everything being downgraded of my benefits- pension, redundancy, other benefits being crossed off the list one by one.

Not just that, we're used to moving, it's part of what we do. A lot of permies are emotionaly attached to the perceived stability of their workplace, so it means more stress for them when it's threatened (and they usually take more tulip for it too)

[contractor79]

Not just that, we're used to moving, it's part of what we do. A lot of permies are emotionaly attached to the perceived stability of their workplace, so it means more stress for them when it's threatened (and they usually take more tulip for it too)

I guess I'm quite a permie contractor then- 2.5 years not moved yet

[TheBigYinJames]

I guess I'm quite a permie contractor then- 2.5 years not moved yet

Permitractor.

[Diver]

Permitractor.

Conermie?

[contractor79]

Permitractor.

LOL

[TheBigYinJames]

LOL

Longest contract I've had was Barclays, 2.5 years (that half a year without the site based allowance was tulip) and the shortest was half a day, at a place called Lindos. I did clock up 2 days at a place in Covent Garden called LDC.

[Old Greg]

I reckon I'm twice as well off - that is based on never being ill.

My plan is now to move to 3 days per week, 40 weeks per year and still be 50% better off than I would be in an equivalent permie post.

[chris79]

I'd say about twice as well off, apart from a pension, but I have my own plans for this and I'd rather benefit from having 'money' now which I can choose to use as I feel, rather than it being locked away and non accessible until I'm 65 (god I'm not even 30 yet)...

I started off in public sector in my early 20s, and would have ended up on a scheme called the rule of 83 or so which meant if I'd stayed their my entire working life I could have retired at 51.. but what's the point in spending your entire life doing the same boring job in the same location, only to get to 51 and retire on half your public sector grade/pay (which judging by todays economy wouldn't even pay your basic bills, assuming you were fortunate enough to be mortgage free).

He who dares, wins.. I reckon.