It is not about money - I was a permie, a contractor and now a permie again.
A £500 a day contract is only £500 a day when you are in the contract!
Perm salary is paid every month. If you get made redundant then you get a package to keep you going until you get a new job.
Plenty of people have been benched for months, some a year or more without seeing it coming. Do not assume it can not happen to you.
Do you have an infrastructure based around your working day? I have young children who need to be taken to school etc. and Mrs MUN needs to be taken to work a few days a week. My local contract ended and the only one that popped up was one in London on £650 a day. An awesome amount of money but it made it impossible to organise my homelife.
I knew that even if I managed to wing it together in 6 months it might all change again - more hassle, more winging things together = more family stress.
Contracting for me did not work out because it did not fit into my family life as my family commitments changed without making everyone stressed and miserable. I am now working as a permie in an awesome company on interesting work (some of which would not be out of place on a PhD thesis) with lots of friendly, clever people who do not mind me training outside at lunchtime in medieval armour. Every commute is 45 minutes each way. So I can plan pick ups and drop offs for school runs etc. = happier me and less family stress which means even happier me.
Do not base it purely on money - will the life style make you happy?
A £500 a day contract is only £500 a day when you are in the contract!
Perm salary is paid every month. If you get made redundant then you get a package to keep you going until you get a new job.
Plenty of people have been benched for months, some a year or more without seeing it coming. Do not assume it can not happen to you.
Do you have an infrastructure based around your working day? I have young children who need to be taken to school etc. and Mrs MUN needs to be taken to work a few days a week. My local contract ended and the only one that popped up was one in London on £650 a day. An awesome amount of money but it made it impossible to organise my homelife.
I knew that even if I managed to wing it together in 6 months it might all change again - more hassle, more winging things together = more family stress.
Contracting for me did not work out because it did not fit into my family life as my family commitments changed without making everyone stressed and miserable. I am now working as a permie in an awesome company on interesting work (some of which would not be out of place on a PhD thesis) with lots of friendly, clever people who do not mind me training outside at lunchtime in medieval armour. Every commute is 45 minutes each way. So I can plan pick ups and drop offs for school runs etc. = happier me and less family stress which means even happier me.
Do not base it purely on money - will the life style make you happy?
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