Originally posted by jamesbrown
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State of the Market
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Originally posted by Fraidycat View Post
Its not close because even though the polls are neck and neck, because its an Electoral College the Democrats need to win by 3%+ points to stand any chance of winning the EC. Clinton won the popular vote by 2.1% but failed to win the EC , Biden won by 4.5% and so was able to win the EC.
The Democrats are now left hoping the Polls are underestimating Harris support by 3%. And she is really 3% ahead of Trump and the polls just are not showing it.Originally posted by Cookielove View PostTotally disagree!!
You are paid more as a contractor because you have no job security, no employment rights nor any employment benefits - holidays, sick, pension, bonuses etc etc
The pay is more to compensate for the lack of all these things plus the uncertainty of the work duration...in a nutshell you earn more for the lack of certainty and add ons.
That excess is being eroded through more and more taxes (IR35, ER NI etc) and the pluses of contracting become less financially viable ....that is aside from whatever one's mindset is re perm work and what that brings...a different set of challenges not all monetary...
Contracting as was is dead and the future looks bleak...whatever way you cut it....successive govts have seen to that.
I say broadly because expenses should still be reflected in the tax system because it is the one area we are significantly different to permanent staff.Comment
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Originally posted by SussexSeagull View PostI say broadly because expenses should still be reflected in the tax system because it is the one area we are significantly different to permanent staff.Comment
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Originally posted by jamesbrown View Post
I think you have a significant problem with reading comprehension. As I said above, you are paid more and enjoy greater flexibility. Tax has nothing to do with it (shouldn't have). The excess isn't being eroded by tax, primarily, it is being eroded by your skillset becoming commoditized and, ultimately, not worth very much. Yes, this is partly down to supply/demand and supply is partly down to immigration and offshoring, which I note that you enjoy banging on about. The same is true for all contract types, including permies.
the tax has everything to do with it as the regime has totally changed most roles are now mainly outside and not via ltd companies and the Umbrella regime is another level of taxation...
"banging on about" ...quite hilarious! facts are facts about visas issued but don't let cold hard facts get in the way.
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Originally posted by jamesbrown View Post
As it should be, but well done. You may end up being off the bench sooner than you thought, though - that is generally how it works when you don't absolutely need the next gig.
I have no expectation of finding something quickly this time around though. I have actually been looking on and off over the last 2 years and applied for many many things. Only managed to get about 2 interviews over that 2 year period. So yeah, its pretty dead out there at the moment.Comment
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Originally posted by gables View Post
And don't make the mistake I did when an 18 month contract was coming to end... during which both my parents died, as did my wife's Mum oh and her dog, I'd hoped for a month off but a cock up on dates and communications and I started the next contract 3 days later after the weekend.. JeezComment
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Originally posted by willendure View Post
I still remember contracting in Java around 2000ish. You'd go to an interview and they would ask you if you could start tomorrow morning!
They still couldn't fill the role as candidates (myself included) just used the offer to up rates at current client.Last edited by Fraidycat; 30 October 2024, 13:13.Comment
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Originally posted by willendure View PostWillEndure just joined the bench!
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Originally posted by willendure View Post
I still remember contracting in Java around 2000ish. You'd go to an interview and they would ask you if you could start tomorrow morning!Comment
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