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State of the Market

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  • oliverson
    replied
    With the direction in traffic under this Marxist clueless Labour government, I honestly don't see the market improving for years, if ever.

    I would urge anybody starting out their career as a contractor (why?) or those say less than 50 years of age to get the **** out at the first opportunity. This ship is going down.

    I'm fortunate in that I don't fit into this category above and am in the winter of my career, with 'alternative arrangements' already in place for selling my UK property at the height of the next bubble (if there is one) and retiring from contracting, to the sunshine.

    Leave a comment:


  • Cookielove
    replied
    Thanks pjt

    Its an FTC for a year 26 days holiday plus phols, pension er will double it up to max of 10% by employer and other stuff... I've said FTC to agent.

    Never been on an FTC before, we'll see don't want to get my hopes as so unpredictable at the moment.
    Last edited by Cookielove; 13 November 2024, 10:05.

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  • pjt
    replied
    Not 100% sure how accurate the calculations are but online I'm getting

    £400 p/d inside take home is £4,349 per month (assuming 220 days work a year).
    £70,000 per year PAYE is £4,263 per month

    FTC will have some benefits so depending on that its close, if they give you pension contributions or your off sick over the duration of the contract then FTC probably tips it.

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  • Cookielove
    replied
    eek is FTC better?

    Leave a comment:


  • Bluenose
    replied
    Originally posted by Cookielove View Post
    Seen a job advertised at £500 per day on LI, agent then came back and said oh it’s £400 now or FTC £70k …is day rate better? They won’t do perm just £400 or £70k …not to say I’ll even get a look in …I’m thing day rate is better. Any thoughts??
    ​​​​​at this stage I would probably ask the agent which answer gives you the best chance of success and offer him a monkey if you get the job.

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  • eek
    replied
    Originally posted by Cookielove View Post
    The day rate is inside pjt
    The FTC is better...

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  • Cookielove
    replied
    The day rate is inside pjt

    Leave a comment:


  • pjt
    replied
    Originally posted by Cookielove View Post
    Seen a job advertised at £500 per day on LI, agent then came back and said oh it’s £400 now or FTC £70k …is day rate better? They won’t do perm just £400 or £70k …not to say I’ll even get a look in …I’m thing day rate is better. Any thoughts??
    Depends if the day rate is inside or outside IR35 if its outside then the day rate wins. If its inside then I don't think theirs much in it between FTC or day rate but that was on a very quick check...

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  • Cookielove
    replied
    Seen a job advertised at £500 per day on LI, agent then came back and said oh it’s £400 now or FTC £70k …is day rate better? They won’t do perm just £400 or £70k …not to say I’ll even get a look in …I’m thing day rate is better. Any thoughts??

    Leave a comment:


  • Bluenose
    replied
    Originally posted by ladymuck View Post
    I must have missed something. What are these tags on LI?

    The only ones I'm aware of are where you @ someone or litter posts with hashtags. Are there things you can add to your profile too?
    Yes, you can add tags so the LI AI and the software enabled on the recruiter side of LI can see you properly.

    As far as I know the Li algo does not read your CV.

    The better way to optimise your tags is to run seperate post and job board searches, record the tags they were searching for and then enable those tags onto your own profile.

    Leave a comment:

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