Biting The Bullet

[Yuri F]

Paralytic, I do understand that most contractors have knowledge on how it works, the triggering tipping point was successfully trolled-in by vwdan with 20K+ difference in net financial result..

Yes, I'm already on "page 23" of it, will see what happens once I finish it and try new dummy skills in accounting branch of this forum..

[WTFH]

Paralytic, I do understand that most contractors have knowledge on how it works, the triggering tipping point was successfully trolled-in by vwdan with 20K+ difference in net financial result..

Yes, I'm already on "page 23" of it, will see what happens once I finish it and try new dummy skills in accounting branch of this forum..

Nope, you're the one who trolled in, Dan, Manc and me all gave similar figures and said that yours were roughly double the net difference. Since then you've just kept on trolling.

[Old Greg]

Nope, you're the one who trolled in, Dan, Manc and me all gave similar figures and said that yours were roughly double the net difference. Since then you've just kept on trolling.

What if it's not trolling?

[l35kee]

I ended up turning this down, and taking an extension. Been offered £80k now. Seems to be well above permie market rates.... The thing holding me back is that they are definitely going to be hiring more contractors in the near future, so its more than likely I'll be extended. Obviously the permie role is more than likely to have been filled though so that won't be an option anymore..

Anyone else hate making decisions?

[ladymuck]

Anyone else hate making decisions?

Yep.

The trick is to stop second guessing everything and, in the absence of information, go with what feels right - for you and you only. Don't beat yourself up if it doesn't pan out by obsessively going over every option you had at the time you made your decision as you'll invariably discover with hindsight things you didn't know at the time and you'll end up feeling awful for no good reason.

[elsergiovolador]

If you make a wrong decision, take it as a learning cost and experience. Next time it will be better.

[fidot]

Yep.

The trick is to stop second guessing everything and, in the absence of information, go with what feels right - for you and you only. Don't beat yourself up if it doesn't pan out by obsessively going over every option you had at the time you made your decision as you'll invariably discover with hindsight things you didn't know at the time and you'll end up feeling awful for no good reason.

Absolutely this. Once a decision is made, you lose the opportunity to discover how the other decision would have panned out. So, make a decision based on what you know/feel now, don't look back and work towards making the best of your decision.

[mjcp]

I ended up turning this down, and taking an extension. Been offered £80k now. Seems to be well above permie market rates.... The thing holding me back is that they are definitely going to be hiring more contractors in the near future, so its more than likely I'll be extended. Obviously the permie role is more than likely to have been filled though so that won't be an option anymore..

Anyone else hate making decisions?

I did, I still do and I'm sure I will...

Break it down:

I had 2 offers in march: an inside/umbrella role with a 50 mile each way commute (that post lockdown would be WFH) vs a fully WFH 18 month agency PAYE gig.

£50 /day between them which reduced to about £20 in real terms after tax and commute costs factored in (though travel, would have been moot if I'd known we'd be locked down)

Beyond money, the next question was longevity: 3 months initial contract with probable extensions to 9-12 months vs 18 months "known" at the outset. I went 18 months as I saw a recession on the cards.

Lastly was CV - which one would get me the most interviews for the next gig? both large businesses, but one you won't have a clue about, the other, *everyone* knows.

If you have the flexibility (you can live on the £££) to consider the permie role, then given the likely market for the next 18 months... go with the one that fits your comfort to risk on point 2 and helps you best with point 3...

M