So I'm in an interesting predicament.
My current contract in London pays very well indeed. However, being an Australian citizen and on a temporary youth visa, I'll have to end my contract leave the country in a couple of months' time.
The only other way for me to continue to work in the UK is through a sponsorship. This rules out contracting, as you are required to have a sponsor and be employed for that sponsor directly as an employee (so no "management companies" or anything like that either).
And as it happens, a permanent opportunity has come up, with one of the big banks, and it's pretty decently paid. When I factor out taxes, and compare it to the amount I would earn as a contractor practically anywhere else in the world (also taking into account the strength of the GBP), it works out to be almost as good as contracting. I mean, we're talking a difference of maybe £3-4k per year, which isn't a tonne compared to the rate as a whole.
So I guess my choices are:
vs:
So it made me wonder what others on this forum would consider sufficient reasons for taking permanent employment.
Would money would sway you and how much?
Are you ever tempted by the opportunity to work for big/prominent brands?
Does career progression / promotion factor in to this?
Or are you a "contractor for life" and would never consider becoming shackled to an employer?
My current contract in London pays very well indeed. However, being an Australian citizen and on a temporary youth visa, I'll have to end my contract leave the country in a couple of months' time.
The only other way for me to continue to work in the UK is through a sponsorship. This rules out contracting, as you are required to have a sponsor and be employed for that sponsor directly as an employee (so no "management companies" or anything like that either).
And as it happens, a permanent opportunity has come up, with one of the big banks, and it's pretty decently paid. When I factor out taxes, and compare it to the amount I would earn as a contractor practically anywhere else in the world (also taking into account the strength of the GBP), it works out to be almost as good as contracting. I mean, we're talking a difference of maybe £3-4k per year, which isn't a tonne compared to the rate as a whole.
So I guess my choices are:
- Keep contracting
- Go overseas
- Get paid slightly higher
- Probably work for lesser-known brands
vs:
- Accept the offer, get sponsorship and go permanent in the UK
- Earn slightly less money
- Work for a large international brand
- Chance of more stability and maybe promotions
So it made me wonder what others on this forum would consider sufficient reasons for taking permanent employment.
Would money would sway you and how much?
Are you ever tempted by the opportunity to work for big/prominent brands?
Does career progression / promotion factor in to this?
Or are you a "contractor for life" and would never consider becoming shackled to an employer?
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